HICP flash estimate: prices up by 0.5% in July
According to the preliminary estimate of Statistics Estonia, in July, the harmonised index of consumer prices, which takes into account the expenditures of tourists, rose by 0.5% compared with June. Compared with July 2025, the index rose by 2%. This is a flash estimate which will be refined once more detailed data on July prices are received.
GDP flash estimate: the economy grew by 2.1% in Q2
According to the preliminary estimate of Statistics Estonia, in the second quarter of 2026, the gross domestic product (GDP) increased by 2.1% compared with the same period of 2025.
Estonians’ assessment of the economy has improved, while confidence in the construction and trade sectors somewhat declined
Today, on 28 July, Statistics Estonia published the July data of the business and consumer surveys that measure the economic confidence of enterprises and consumers. The results show that the confidence of construction and trade enterprises has declined slightly, while assessments in other sectors and among consumers improved.
In May, there were 5% more accommodated tourists than the year before
According to Statistics Estonia, accommodation establishments served nearly 320,300 tourists in May 2026, which is 5% more than in May last year. Year on year, there were 9% more foreign tourists, and the number of domestic tourists remained at the same level.
Exports of services exceeded imports by one billion euros for the first time
According to Statistics Estonia and Eesti Pank, in the second quarter of 2026, Estonia’s exports of services grew by 5% and imports by 1% compared with the same quarter of 2025. Exports of services amounted to over 3.7 billion and imports to nearly 2.7 billion euros at current prices.
In June, exports and imports of goods grew by 15%
According to Statistics Estonia, in June this year, exports and imports of goods increased by 15% compared with the same month last year. Exports of goods amounted to nearly 1.7 billion euros and imports to nearly 2.1 billion euros at current prices, and the trade deficit was 413 million euros. In the first half of the year, exports of goods grew by 8% and imports by 7%.
In May, exports of goods grew by 9% and imports by 4%
According to Statistics Estonia, in May, Estonia’s exports of goods increased by 9% and imports by 4% compared with May last year. Exports of goods amounted to over 1.7 billion euros and imports to more than 1.9 billion euros at current prices. Exports of goods of Estonian origin grew by 5%.
Foreign trade picked up in April
According to Statistics Estonia, in April, Estonia’s exports of goods increased by 13% and imports by 12% compared with April last year. Exports of goods amounted to almost 1.8 billion and imports to nearly 2.2 billion euros at current prices.
Exports of services grew by 4% in the first quarter
According to Statistics Estonia and Eesti Pank, in the first quarter of 2026, Estonia’s exports of services grew by 4% and imports were unchanged year on year. Exports of services amounted to nearly 3.3 billion euros and imports to about 2.5 billion euros at current prices.
Exports and imports of goods both increased in March
According to Statistics Estonia, in March, Estonia’s exports of goods increased by 8% and imports by 6% compared with March last year. Exports of goods amounted to over 1.8 billion and imports to nearly 2.1 billion euros at current prices. Exports of goods of Estonian origin increased in March year on year.
Exports of goods of Estonian origin fell by 8% in February
According to Statistics Estonia, exports of goods fell by 1% in February this year compared with the same month of the previous year, while imports increased by 6%. Exports of goods amounted to nearly 1.5 billion euros and imports to nearly 1.9 billion euros at current prices. Goods of Estonian origin were exported in smaller quantities in February than a year earlier.
In January, exports of goods were up by 4% and imports down by 2%
According to Statistics Estonia, in January 2026, exports of goods increased by 4% and imports decreased by 2% compared with January 2025. Exports of goods amounted to nearly 1.6 billion euros and imports to more than 1.8 billion euros at current prices. The trade deficit was 247 million euros, which is 103 million euros less than a year earlier.
The growth in foreign trade in services was mainly driven by imports and exports of other business services
According to Statistics Estonia and Eesti Pank, in the fourth quarter of 2025, Estonia’s exports of services grew by 8% and imports by 6%. Exports of services totalled 3.6 billion euros and imports 2.8 billion euros at current prices. In 2025 as a whole, exports of services increased by 10% and imports by 11%, amounting to 13.8 billion and 10.6 billion euros, respectively.
In 2025, exports of goods increased by 7% and imports by 8%
According to Statistics Estonia, in 2025, Estonia’s exports of goods increased by 7% and imports by 8% compared with 2024. Exports of goods amounted to over 18.6 billion euros and imports to more than 22.4 billion euros at current prices. The trade deficit was 3.8 billion euros, which is 443 million euros more than in 2024. In December 2025, exports of goods increased by 16% and imports by 4% year on year.
Exports of goods were up by 3% and imports by 7% in November
According to Statistics Estonia, in November 2025, Estonia’s exports of goods increased by 3% and imports by 7% compared with November 2024. Exports of goods amounted to over 1.6 billion euros and imports to more than 1.9 billion euros at current prices. Exports of goods of Estonian origin were down in November year on year.
Foreign trade increased slightly in October, exports of goods of Estonian origin decreased
According to Statistics Estonia, in October 2025, exports of goods increased by 5% and imports by 4% compared with October 2024. Exports of goods amounted to over 1.7 billion euros and imports to more than 2 billion euros at current prices. The share of goods of Estonian origin in total exports declined a little.