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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

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.

According to Statistics Estonia, in September, Estonia’s exports of goods amounted to almost 1.5 billion and imports to nearly 1.7 billion euros. Compared with the same month in 2022, exports of goods decreased by 24% and imports by 22% at current prices. The trade deficit in September was 207 million euros, which is 13 million euros more than in September last year.

According to Statistics Estonia and Eesti Pank, in the first quarter of 2022, Estonia’s exports of services grew by 22% while imports of services fell by 10% year on year. In the first quarter of this year, Estonia’s exports of services totalled 2 billion euros and imports of services 1.5 billion euros.

According to Statistics Estonia’s Tourism Survey*, Estonian residents made more trips in the first half of 2023 than in the same period of 2022. Finland and Latvia are the most popular destinations, and many trips are also made to Italy and Turkey.

According to Statistics Estonia, power plants produced 8,910 gigawatt hours (GWh) of electricity and 5,074 GWh of heat in 2022. Compared with the year before, electricity production increased by 21% and heat production by 8%.

According to Statistics Estonia, in April 2023, Estonia’s exports of goods decreased by 4% and imports by 18% at current prices compared with April 2022. Foreign trade was most affected by the reduced trade in mineral fuels and wood and articles of wood.

According to Statistics Estonia, in February 2023, Estonia’s exports of goods increased by 2% and imports decreased by 8% compared with February 2022. Exports of goods amounted to 1.5 billion and imports to 1.6 billion euros at current prices. The trade deficit was 103 million euros, down by 167 million euros year on year.

According to Statistics Estonia, in 2016, the number of international traffic passengers served by Estonian ports increased by 4%, but the freight volume of ports in tonnes decreased by 4% compared to the previous year.

According to Statistics Estonia, in 2015, the number of passengers served by Estonian transport enterprises remained on the same level but the freight volume in tonnes decreased by 13% compared to the previous year. Passenger traffic volume increased by 10% and freight turnover increased by 7% compared to 2014.