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According to Statistics Estonia, in July 2024, Estonia’s exports of goods increased by 5% and imports by 1% compared with July 2023. Exports of goods amounted to over €1.3 billion and imports to nearly €1.7 billion at current prices. The trade deficit was €321 million, which is €59 million less than in July last year.

Jane Leppmets, foreign trade analyst at Statistics Estonia, said that both exports and imports of goods increased in March, as in the first two months of the year. “Exports of goods grew in all commodity sections. The rise in exports was influenced by an even larger increase in re-exports, which rose by 27% year on year. This was mainly due to an increase in the re-exports of transport equipment,” Leppmets noted. The share of goods of Estonian origin in total exports fell by three percentage points year on year, accounting for 65% in March this year. Exports of goods of Estonian origin

Jane Leppmets, foreign trade analyst at Statistics Estonia, said that the upward trend in foreign trade, which started in the second half of 2024, continued in January this year. “In intra-EU trade, exports were up by 11% and imports by 9%. In extra-EU trade, the rise was 19% in exports and as much as 57% in imports. Exports to non-EU countries were mainly influenced by greater exports of goods to the United States, and imports from these countries were boosted by increased imports from Turkey,” added Leppmets. In January, the biggest increase occurred in exports of mineral products The main

Jane Leppmets, analyst at Statistics Estonia, said that exports of goods increased in September and in the third quarter overall. “Although re-exports fell by 1% in September, the rise in total exports was driven by the 4% increase in exports of goods of Estonian origin. The share of goods of Estonian origin in total exports grew by one percentage point year on year, reaching 64%” added Leppmets. There was a significant rise in trade with non-EU countries. Exports to EU countries were down and imports from the EU were stable, but there was a 21% increase in exports to non-EU countries, and

According to Statistics Estonia, in May 2024, Estonia’s exports of goods decreased by 6% and imports by 13% compared with May 2023. Exports of goods amounted to nearly €1.6 billion and imports to almost €1.7 billion at current prices. The trade deficit was €144 million, which is €170 million less than in May last year.

Jane Leppmets, foreign trade analyst at Statistics Estonia, said that there was a marked decline in trade in goods in the first quarter of 2024, as exports were down by 16% and imports by 11%. “In the third quarter, imports were unchanged and there was a slight uptrend in exports. The positive trend was even more noticeable in the fourth quarter, with exports increasing by 6% and imports by 7%,” explained Leppmets. Last year, re-exports fell by 9% and exports of goods of Estonian origin by 1%. Under goods of Estonian origin, the biggest fall was registered in the exports of prefabricated

Evelin Puura, the foreign trade statistics team lead at Statistics Estonia, said that trade in August was affected by the continued decline in exports and imports in trade with European Union (EU) countries. “Compared with August 2023, exports to EU countries decreased by 3% and imports from EU countries by 8%. At the same time, extra-EU exports were up by 6%,” noted Puura. The main commodities exported in August were electrical equipment (16% of Estonia’s total exports), agricultural products and food preparations (11%), and wood and articles of wood (11%). Year on year, the biggest decrease

Jane Leppmets, foreign trade analyst at Statistics Estonia, said that compared with October 2023, the growth in foreign trade in October 2024 was the highest this year. “Re-exports of goods increased by 5% in October, while exports of goods of Estonian origin grew by as much as 17%. The share of goods of Estonian origin in total exports was also up from October last year, accounting for 66% in October 2024. Wood and articles of wood as well as electrical equipment of Estonian origin were the most exported items. The exports of these goods also increased the most,” Leppmets pointed out. The