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HICP flash estimate: prices in October did not rise compared with September
According to the preliminary estimate of Statistics Estonia, the harmonised index of consumer prices (HICP), which includes the expenditures of tourists, remained unchanged in October 2025 compared with September. Compared with October last year, the HICP rose by 4.5%. This is a flash estimate, which will be refined once more detailed data on October prices are received.
GDP flash estimate: economy grew by 0.9% in Q3
According to Statistics Estonia's preliminary estimate, Estonia's economy grew slightly in the third quarter of 2025. Compared with the third quarter of 2024, the gross domestic product (GDP) increased by 0.9%.
HICP flash estimate: prices down by 1.2% in September
According to the preliminary estimate of Statistics Estonia, in September 2025, the harmonised index of consumer prices (HICP), which includes the expenditures of tourists, decreased by 1.2% compared with August. Compared with September last year, the HICP rose by 5.2%. The HICP is a flash estimate, which will be revised based on the September price data.
Construction prices rose by 1.5% last year
According to Statistics Estonia, the construction price index, which expresses the change in construction expenditures, increased by 1.5% in 2025 compared with the average of 2024. The rising cost of materials was the main reason for the increase in the construction price index.
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.
In the third quarter, exports of services grew by 12% and imports by 13%
According to Statistics Estonia and Eesti Pank, in the third quarter of 2025, Estonia’s exports of services grew by 12% and imports by 13%. Exports of services amounted to slightly more than 3.6 billion euros and imports to nearly 2.8 billion euros at current prices. The surplus of foreign trade in services was 834 million euros, which is 60 million euros more than in the same quarter last year.
In September, exports of goods grew by 4% and imports by 6%
According to Statistics Estonia, in September, exports of goods increased by 4% and imports by 6% compared with September 2024. In the second and third quarter, the growth in foreign trade slowed down.
Exports of goods down by 2% in August
According to Statistics Estonia, in August 2025, exports of goods decreased by 2% compared with August 2024, while imports increased by 2%. The decline in exports of goods in August was mainly due to a fall in exports to countries outside the EU.
Exports of goods up by 9% and imports by 11% in July
According to Statistics Estonia, in July 2025, Estonia’s exports of goods increased by 9% and imports by 11% compared with July 2024. Exports of goods amounted to over €1.4 billion and imports to nearly €1.9 billion at current prices. The trade deficit was €444 million, which is €76 million higher than in July last year.
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.