According to Statistics Estonia, in July 2022, Estonia’s exports of goods increased by 13% and imports by 22% compared with July 2021. Re-exports from Estonia grew by 43%; exports of domestic goods remained at the same level year on year.
According to Statistics Estonia, exports of goods in 2023 decreased by 16% and imports by 17% compared with the year before. Exports of goods amounted to 18 billion and imports to 21 billion euros at current prices. The trade deficit was 3 million euros, which is 695 million euros lower than in 2022.
In January 2021, the consumer price index, which expresses the change in the prices of consumer goods and services, rose by 0.7% compared to December 2020 and by 0.2% compared to January 2020. Goods were 0.8% cheaper than in January 2020 and services were 2% more expensive.
According to Statistics Estonia, in June, Estonia’s exports of goods amounted to 1.6 billion and imports to 1.9 billion euros. Compared with June 2022, exports of goods decreased by 14% and imports by 13% at current prices. The trade deficit in June was 271 million euros, which is 33 million euros less than in the same month last year.
According to Statistics Estonia, in June 2022, Estonia’s exports of goods increased by 26% and imports by 24% compared with June 2021. Compared with the second quarter of last year, exports grew by 21% and imports by 30%. In June and in the second quarter as a whole, trade was primarily boosted by the increased exports and imports of mineral fuels and electricity and wood and articles of wood.
According to the second estimates of Statistics Estonia, the gross domestic product (GDP) of Estonia increased 2.2% in the 3rd quarter of 2014 compared to the 3rd quarter of the previous year.
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