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Article

Increased imports led to a higher trade deficit in April

Kuupäev 09.06.2022
Article
  1. Home
  2. Increased imports led to a higher trade deficit in April
According to Statistics Estonia, in April 2022, Estonia’s exports of goods increased by 4% and imports by 31% compared to April 2021. Faster growth in imports contributed significantly to the increase of trade deficit, which reached 542 million euros in April.

Inflation reduced GDP growth to just 0.6% in the second quarter

Kuupäev 31.08.2022
Article
  1. Home
  2. Inflation reduced GDP growth to just 0.6% in the second quarter
In the second quarter of 2022, the gross domestic product (GDP) grew by 0.6% year on year. The GDP at current prices was 9 billion euros.

In January, trade grew by more than a third

Kuupäev 11.03.2022
Article
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  2. In January, trade grew by more than a third
According to Statistics Estonia, in January 2022, Estonia’s exports of goods increased by 35% and imports by 36% compared to January 2021. Trade growth was significantly boosted by the increased exports and imports and higher prices of mineral fuels and electricity.

Imports from Russia and Belarus fell sharply in August

Kuupäev 10.10.2022
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  3. Imports from Russia and Belarus fell sharply in August
According to Statistics Estonia, in August 2022, Estonia’s exports of goods increased by 20% and imports by 28% compared with August 2021. Imports from Russia fell by 55% and imports from Belarus by 96% year on year.

Exports and imports of services were at the same level in the first quarter

Kuupäev 10.06.2021
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  2. News
  3. Exports and imports of services were at the same level in the first quarter
According to Statistics Estonia and Eesti Pank, in the first quarter of 2021, the exports of services grew by 2% and imports of services by 51% year on year. Estonian economic entities exported and imported services for 1.6 billion euros. The imports of services increased mainly on account of growth in telecommunications, computer and information services.

Exports and imports reached a record high in March

Kuupäev 10.05.2022
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  2. Exports and imports reached a record high in March
According to Statistics Estonia, in March 2022, Estonia’s exports of goods increased by 35% and imports by 31% compared to March 2021. Compared to the first quarter of last year, exports grew by 30% and imports by 34%. In March and in the first quarter as a whole, trade was primarily boosted by the increased exports and imports of mineral fuels and electricity.

In September, the share of trade with European Union countries increased

Kuupäev 09.11.2022
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  3. In September, the share of trade with European Union countries increased
According to Statistics Estonia, in September 2022, Estonia’s exports of goods increased by 14% and imports by 19% at current prices compared with September 2021. In the third quarter, exports were up by 16% and imports by 22%. Trade was mainly boosted by the increased exports and imports of mineral products as well as by rising prices in general.

Imports of goods increased in November

Kuupäev 09.01.2023
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  3. Imports of goods increased in November
According to Statistics Estonia, in November 2022, Estonia’s exports of goods at current prices remained at the same level and imports increased by 12% compared with November 2021.

Trade deficit increased in October

Kuupäev 09.12.2022
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  3. Trade deficit increased in October
According to Statistics Estonia, in October 2022, Estonia’s exports of goods increased by 11% and imports by 15% at current prices compared with October 2021.

Trade volumes increased for the fifth month in a row

Kuupäev 09.09.2021
Article
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  2. Trade volumes increased for the fifth month in a row
According to Statistics Estonia, in July, exports of goods increased by 29% and imports by 27% year on year. Trade growth was significantly influenced by the increase in the exports and imports of mineral fuels and base metals and articles of base metal.

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