According to Statistics Estonia, in May, exports of goods increased by 47% and imports by 50% year on year. Trade growth was influenced in addition to last year’s low reference base by exports and imports of mineral fuels, electrical equipment and transport equipment.
According to Statistics Estonia, in June, exports of goods increased by 26% and imports by 45% year on year. In the second quarter as a whole, exports grew by 41% and imports by 49% year on year.
In 2023, Estonia’s exports of goods amounted to €18.2 billion and imports to €21.2 billion at current prices. Exports decreased by 16% and imports by 17% compared with 2022. The trade deficit reached €3 billion. Jane Leppmets, an analyst at Statistics Estonia, writes on 2023 trends in foreign trade of goods.
According to Statistics Estonia, in March, exports of goods increased by 19% and imports by 20% year on year. The growth in foreign trade was mainly driven by trade in electrical equipment, mineral products, wood and articles of wood, and transport equipment.
According to Statistics Estonia, in January 2021, exports of goods increased by 4% and imports by 13% year on year. The biggest driver of trade growth was exports of mineral products.
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 April, exports of goods increased by 54% and imports by 51% year on year. The trade growth was influenced by last year’s low reference base as well as by the increase in exports and imports of mineral products, electrical equipment and transport equipment.
According to Statistics Estonia, in the first quarter of 2021, the gross domestic product (GDP) grew by 5.4% year on year. The GDP at current prices was 6.9 billion euros.
According to Statistics Estonia, in the 1st quarter of 2020, the gross domestic product (GDP) fell by 0.7% compared to the 1st quarter of 2019. The GDP at current prices was 6.5 billion euros.