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Trade in goods down in August, most notably with EU countries
Date 10.10.2024
Article
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
Exports of goods in particular rose in July
Date 09.09.2024
Article
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.
Foreign trade in goods showed signs of picking up in April
Date 10.06.2024
Article
According to Statistics Estonia, in April 2024, exports of goods increased by 3% and imports by 6% compared with April 2023. Exports of goods amounted to more than €1.5 billion and imports to over €1.8 billion at current prices. The trade deficit was €305 million, which is €65 million more than in April last year.
Exports and imports of goods down in May
Date 10.07.2024
Article
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.
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Estonia’s trade was record high in March
Date 10.05.2011
Article
According to Statistics Estonia, in March 2011 exports grew by 71% and imports by 45% compared to the same month of the previous year. For the first time, the total turnover of monthly trade exceeded two billion euros.
Article
According to Statistics Estonia, in June 2024, Estonia’s exports of goods decreased by 14% and imports by 11% compared with June 2023. Exports of goods amounted to nearly 1.4 billion and imports to more than 1.6 billion euros at current prices. The trade deficit was 268 million euros, which is 20 million more than in June last year.
Exports of goods of Estonian origin increased by 4% in September
Date 11.11.2024
Article
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