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Telecommunications, computer and information services had the biggest trade surplus in the second quarter

Kuupäev 10.09.2024
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  3. Telecommunications, computer and information services had the biggest trade surplus in the second quarter
According to Statistics Estonia and Eesti Pank, in the second quarter of 2024, Estonia’s exports and imports of services both grew by 3%. Exports of services totalled 3.1 billion euros and imports of services 2.3 billion euros at current prices. The balance of foreign trade in services was in surplus by 802 million euros, which is 39 million euros more than in the second quarter last year.

Transport of goods by road

ESMS metadata
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Passenger and goods transport through ports increased last year

Kuupäev 23.03.2020
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  3. Passenger and goods transport through ports increased last year
According to Statistics Estonia, in 2019, compared to 2018, the number of passengers on main national ship lines increased by 4% and in international traffic by 0.3%. The freight volume of ports in tonnes increased by around 5%.

Both exports and imports of services increased in the first quarter

Kuupäev 13.06.2023
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  3. Both exports and imports of services increased in the first quarter
According to Statistics Estonia and Eesti Pank, in the first quarter of 2023, Estonia’s exports of services grew by 15% and imports by 11% at current prices compared with the first quarter of 2022.

Foreign trade in services in surplus last year

Kuupäev 14.03.2023
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  3. Foreign trade in services in surplus last year
According to Statistics Estonia and Eesti Pank, in the fourth quarter of 2022, Estonia’s exports of services grew by 12% and imports by 25% at current prices compared with the fourth quarter in 2021. Services were sold to non-residents for a total of 3 billion and purchased for 2.2 billion euros. The balance of foreign trade in services was therefore in surplus by 765 million euros in the fourth quarter, which is 125 million euros less than in the same period a year earlier. In 2022 as a whole, exports of services grew by 31% and imports by 19%.

Exports of services at a record high in the second quarter

Kuupäev 12.09.2023
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  3. Exports of services at a record high in the second quarter
According to Statistics Estonia and Eesti Pank, in the second quarter of 2023, Estonia’s exports of services grew by 8% and imports by 2% at current prices compared with the same quarter of 2022. Sales of services to non-residents totalled 2.9 billion euros and purchases of services from non-residents amounted to 2.2 billion euros.

In the third quarter, exports of services reached the highest level of recent years

Kuupäev 12.12.2022
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  3. In the third quarter, exports of services reached the highest level of recent years
According to Statistics Estonia and Eesti Pank, in the third quarter of 2022, Estonia’s exports of services grew by 32% and imports by 33% year on year. Estonia’s exports of services totalled 2.8 billion euros and imports of services 2.2 billion euros. The balance of foreign trade in services was in surplus by 568 million euros, which is 129 million euros more than in the same quarter last year.

In the third quarter, the Estonian economy shrank by 1.9%

Kuupäev 30.11.2020
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  2. In the third quarter, the Estonian economy shrank by 1.9%
According to Statistics Estonia, in the third quarter of 2020, the gross domestic product (GDP) decreased by 1.9% year on year. The GDP at current prices was 7 billion euros. Transportation and storage and manufacturing activities were the main contributors to the economic decline.

Estonia’s exports of services greatly exceeded imports of services

Kuupäev 14.03.2022
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  2. Estonia’s exports of services greatly exceeded imports of services
According to Statistics Estonia and Eesti Pank, in the fourth quarter of 2021, Estonia’s exports of services grew by 79% while imports of services fell by 23% year on year. In 2021 as a whole, exports of services grew by 47% and imports by 28% compared to 2020.

Passengers transported as much as last year

Kuupäev 09.03.2018
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  3. Passengers transported as much as last year
According to Statistics Estonia, in 2017, the number of passengers served by Estonian transport enterprises remained at the same level compared to the previous year. Carriage of goods decreased in road transport, but increased in rail transport.

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