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Exports of goods to Finland decreased the most in January

Date 11.03.2024
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  3. Exports of goods to Finland decreased the most in January
According to Statistics Estonia, in January 2024, exports of goods decreased by 11% and imports by 13% compared with January 2023. Exports of goods amounted to about 1.4 billion and imports to 1.5 billion euros at current prices. The trade deficit was 122 million euros, which is 60 million euros less than in January last year.

Estonian residents are travelling more and more

Date 03.10.2023
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  3. Estonian residents are travelling more and more
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.

In February, the consumer price index remained at the same level as in January

Date 07.03.2024
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  3. In February, the consumer price index remained at the same level as in January
According to Statistics Estonia, in February, the consumer price index remained at the same level as in January 2024 and increased by 4.2% compared with February 2023. Goods were 2.7% and services 6.6% more expensive than in February last year.

Mineral fuels impacted the decline in exports in January

Date 13.03.2023
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  3. Mineral fuels impacted the decline in exports in January
According to Statistics Estonia, in January 2023, exports and imports of goods at current prices decreased by 9% and 1% respectively, compared with the same month in 2022. Estonia’s exports of goods amounted to 1.5 billion and imports to 1.8 billion euros at current prices. The trade deficit was 272 million euros, up by 127 million euros from a year earlier.

Estonian residents are travelling just as much as five years ago

Date 27.09.2022
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  3. Estonian residents are travelling just as much as five years ago
In the second quarter of 2022, Estonian residents travelled much more than in the second quarter of last year: the number of domestic trips grew by 45% and the number of outbound trips by 319%, that is, over three times.

In May, housing-related price changes had the biggest impact on the consumer price index

Date 07.06.2022
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  2. In May, housing-related price changes had the biggest impact on the consumer price index
According to Statistics Estonia, in May, the consumer price index increased by 1.9% compared to April, and by 20.0% compared to May 2021. Goods were 15.7% and services 28.8% more expensive than in May last year.

Food prices increased in November, fuel and electricity prices decreased

Date 06.12.2024
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  3. Food prices increased in November, fuel and electricity prices decreased
Lauri Veski, team lead of consumer price statistics at Statistics Estonia, said that the fall in the consumer price index in November compared with October was mainly due to cheaper international flights and holiday trips, which had been priced higher in October due to the school holidays. “The index was also affected by rent and electricity being cheaper than in October. Compared with November last year, the index was driven up the most by price increases related to food products and phone services,” explained Veski. Among food products, there has been a significant rise in the prices of non

Foreign trade declined further in September

Date 09.11.2023
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  3. Foreign trade declined further in September
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.

Inflation reduced GDP growth to just 0.6% in the second quarter

Date 31.08.2022
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  2. Inflation reduced GDP growth to just 0.6% in the second quarter
In the second quarter of 2022, the gross domestic product (GDP) grew by 0.6% year on year. The GDP at current prices was 9 billion euros.

Exports of goods in particular rose in July

Date 09.09.2024
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  3. Exports of goods in particular rose in July
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.

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