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.
In May 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 1.6% compared to April 2021 and by 8.4% compared to May 2020.
According to Statistics Estonia, in August 2021, the total production of industrial enterprises increased by 4% year on year. Production increased by 9% in manufacturing, but decreased by 28% in mining and by 16% in energy production.
According to Statistics Estonia, the average monthly gross wages and salaries in the second quarter of 2024 were €2,007, which is 7.2% higher than in the same quarter the year before. The median wages were €1,641 in the second quarter of this year and €1,524 in the same quarter of 2023.
In October, 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 exports, was at the same level as in September. Compared to October 2019, the producer price index decreased by 1.9%.
According to Statistics Estonia, in 2023, the total production of industrial enterprises fell by 10.5% at constant prices compared with the year before. Output decreased in all three industrial sectors: by 21% in electricity production, by 9.8% in manufacturing, and by 4.7% in mining.
In April 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 2.8% compared to March 2022 and by 31.8% compared to April 2021.
According to Statistics Estonia, Estonia’s exports of goods in July amounted to 1.3 billion and imports to 1.6 billion euros. Compared with July 2022, exports of goods decreased by 26% and imports by 20% at current prices. The trade deficit in July was 385 million euros, which is 42 million euros more than in the same month last year.
In November 2020, 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 exports, increased by 1.0% compared to October and decreased by 0.9% compared to November 2019.