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According to Statistics Estonia, in November 2023, Estonia’s exports of goods amounted to 1.5 billion and imports to 1.7 billion euros. Compared with November 2022, exports of goods decreased by 12% and imports by 19% at current prices. The trade deficit in November was 200 million euros, which is 198 million euros less than a year earlier.

According to Statistics Estonia, in August, Estonia’s exports of goods amounted to 1.5 billion and imports to 1.8 billion euros. Compared with the same month in 2022, exports of goods decreased by 22% and imports by 19% at current prices. The trade deficit in in August was 293 million euros, which is 7 million euros less than a year earlier.

According to Statistics Estonia, in March 2024, the total production of industrial enterprises fell by 5.7% compared with March last year. Among the three main sectors, output increased slightly in mining (by 0.4%), but decreased by 6.5% in manufacturing and by 4.4% in electricity production.

Lauri Veski, team lead of consumer price statistics at Statistics Estonia, said that, compared with September 2023, the consumer price index was affected the most by price changes related to food and non-alcoholic beverages, motor fuel and oils, and miscellaneous goods and services. “Among food products, the biggest increases compared with September last year occurred in the prices of juices and syrups, which rose by 57.1%, and the prices of olive oil, which increased by 56.3%. On the other hand, the prices of sugar decreased by 20.1%,” noted Veski. In September, petrol was 11.9% and diesel

In December 2021, the producer price index of industrial output, which expresses changes in the producer prices of industrial goods manufactured in Estonia for the domestic market and for export, increased by 24.7% compared to December 2020 and by 5.3% compared to November 2021.

In June 2022, the producer price index of industrial output, which expresses changes in the producer prices of industrial goods manufactured in Estonia for the domestic market and for export, increased by 2.3% compared with May and by 33.3% compared with June 2021.

In September 2021, the producer price index of industrial output, which expresses changes in the producer prices of industrial goods manufactured in Estonia for the domestic market and for export, increased by 2.8% compared to August 2021 and by 19.2% compared to September 2020.

According to Statistics Estonia, in the first quarter of 2024, the gross domestic product (GDP) decreased by 2.4% compared with the same period of 2023. The GDP at current prices amounted to 8.9 billion euros.

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, 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.