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HICP flash estimate: prices down by 0.4% in June

In June, the confidence of industrial enterprises declined, while assessments in other sectors and among consumers improved slightly

The number of international students decreased last year but their tax contribution increased

The share of innovative enterprises in Estonia is growing

Latest business and consumer survey results published by Statistics Estonia

Statistics Estonia starts monitoring consumers’ and enterprises’ economic confidence: each response matters

On 4 May, Statistics Estonia begins the economic sentiment surveys that show how secure Estonian residents feel financially and how enterprises see the future of their business activities.

GDP flash estimate: the economy grew by 1.3% in Q1

According to the preliminary estimate of Statistics Estonia, in the first quarter of 2026, the gross domestic product (GDP) increased by 1.3% compared with the same period of 2025.

HICP flash estimate: prices up by 0.9% in April

According to the preliminary estimate of Statistics Estonia, in April, the harmonised index of consumer prices (HICP), which includes the expenditures of tourists, increased by 0.9% compared with March. Compared with April last year, the HICP rose by 3.3%. This is a flash estimate which will be refined once more detailed data on April prices are received.

Statistics Estonia will start conducting business and consumer surveys

Starting from May 2026, Statistics Estonia will conduct business and consumer surveys, used to assess economic confidence among enterprises and consumers.

Average wages increased by 5.6% last year

Estonia’s population decreased by 7,041 according to preliminary data

Estonia’s economy fared better in 2025 than in the two preceding years

In the second quarter, exports of services grew by 8% and imports by 11%

According to Statistics Estonia and Eesti Pank, in the second quarter of 2025, Estonia’s exports of services grew by 8% and imports by 11%. Exports of services amounted to nearly €3.4 billion and imports to almost €2.6 billion at current prices.

Foreign trade grew by 14% in Q1, growth slowed down in Q2

According to Statistics Estonia, in June 2025, Estonia’s exports of goods grew by 6% and imports by 5%. Exports of goods amounted to over €1.4 billion and imports to more than €1.7 billion at current prices.

In May, electrical equipment was the most exported commodity, while agricultural products and food preparations were the top commodities in imports

According to Statistics Estonia, in May 2025, Estonia’s exports of goods grew by 2% and imports by 6%. Exports of goods amounted to about 1.6 billion and imports to nearly 1.9 billion euros at current prices. The trade deficit was 281 million euros, which is 78 million euros more than in May last year.

Growth in foreign trade slowed down in April: exports were up by 3% and imports by 1%

According to Statistics Estonia, in April 2025, Estonia’s exports of goods grew by 3% and imports by 1%. Exports of goods amounted to about 1.6 billion and imports to nearly 1.9 billion euros at current prices. The trade deficit was 332 million euros, which is 13 million less than in April last year.

Trade in services with non-EU countries increased the most in the first quarter

According to Statistics Estonia and Eesti Pank, in the first quarter of 2025, Estonia’s exports of services grew by 5% and imports by 11%. Exports of services amounted to over €3 billion and imports to nearly €2.5 billion at current prices. The balance of foreign trade in services was in surplus by €548 million, which is €98 million less than in the first quarter of 2024.

Exports of goods up by 17% and imports by 13% in March

According to Statistics Estonia, in March 2025, Estonia’s exports of goods grew by 17% and imports by 13%. Exports of goods amounted to nearly €1.7 billion and imports to more than €1.9 billion at current prices. The trade deficit was €237 million, which is €12 million less than in March last year.

Exports of goods up by 12% in February

According to Statistics Estonia, in February 2025, exports of goods increased by 12% and imports by 10%. Exports of goods amounted to nearly €1.5 billion and imports to more than €1.7 billion at current prices. The trade deficit was €264 million, which is €5 million higher than in February last year.

Exports of goods up by 13% and imports by 16% in January

According to Statistics Estonia, in January 2025, Estonia’s exports of goods increased by 13% and imports by 16% compared with January 2024. Exports of goods amounted to over 1.5 billion and imports to 1.8 billion euros at current prices. The trade deficit was 331 million euros, which is 85 million more than in January last year.

Exports of services up by 7% and imports by 5% in 2024

According to Statistics Estonia and Eesti Pank, in 2024, Estonia’s exports of services grew by 7% and imports by 5%. Exports of services totalled €12.5 billion and imports €9.5 billion at current prices. The balance of foreign trade in services was in surplus by €2.9 billion, which is €333 million more than in 2023.

Foreign trade in goods was up in December but down in 2024 as a whole

According to Statistics Estonia, in 2024, exports of goods decreased by 4% and imports by 2% compared with 2023. Exports of goods amounted to 17.4 billion and imports to 20.7 billion euros at current prices. The trade deficit was 3.3 billion euros, which is 275 million euros higher than in 2023. In December 2024, exports of goods increased by 2% and imports by 9% compared with December 2023.

Exports of goods boosted by domestic products in November

According to Statistics Estonia, in November 2024, Estonia’s exports of goods grew by 3% from a year earlier, whereas imports remained at the same level. Exports of goods amounted to nearly €1.6 billion and imports to €1.7 billion at current prices. The trade deficit was €166 million, which is €53 million less than in November of the previous year.

Exports of services up by 8% in the third quarter

According to Statistics Estonia and Eesti Pank, in the third quarter of 2024, Estonia’s exports of services grew by 8% and imports by 2%. Exports of services totalled €3.2 billion and imports of services €2.4 billion at current prices. The balance of foreign trade in services was in surplus by €751 million, which is €180 million more than a year earlier.

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