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Estonia’s exports of services greatly exceeded imports of services

Kuupäev 14.03.2022
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  2. Estonia’s exports of services greatly exceeded imports of services
According to Statistics Estonia and Eesti Pank, in the fourth quarter of 2021, Estonia’s exports of services grew by 79% while imports of services fell by 23% year on year. In 2021 as a whole, exports of services grew by 47% and imports by 28% compared to 2020.

Exports of goods of Estonian origin decreased in June

Kuupäev 09.08.2023
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  3. Exports of goods of Estonian origin decreased in June
According to Statistics Estonia, in June, Estonia’s exports of goods amounted to 1.6 billion and imports to 1.9 billion euros. Compared with June 2022, exports of goods decreased by 14% and imports by 13% at current prices. The trade deficit in June was 271 million euros, which is 33 million euros less than in the same month last year.

Exports of services at a record high in the second quarter

Kuupäev 12.09.2023
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  3. Exports of services at a record high in the second quarter
According to Statistics Estonia and Eesti Pank, in the second quarter of 2023, Estonia’s exports of services grew by 8% and imports by 2% at current prices compared with the same quarter of 2022. Sales of services to non-residents totalled 2.9 billion euros and purchases of services from non-residents amounted to 2.2 billion euros.

In October, the consumer price index rose by 4.1% year on year

Kuupäev 07.11.2024
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  3. In October, the consumer price index rose by 4.1% year on year
Lauri Veski, team lead of consumer price statistics at Statistics Estonia, said that, compared with October 2023, the consumer price index was affected the most by price changes related to food and non-alcoholic beverages, recreation, and phone services. “Among food products, the higher prices of non-alcoholic beverages (+20.4%), fruits (+12.4%) and vegetables (+5.5%) drove up the index the most compared with October last year. Sugar was 23.3% and fish and fish preparations 4.6% cheaper,” added Veski. In October, petrol was 11.3% and diesel fuel 12.9% cheaper than in October 2023. Electricity

Exports of goods in particular rose in July

Kuupäev 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.

Economic growth hindered by rising prices

Kuupäev 31.05.2022
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  2. Economic growth hindered by rising prices
In the first quarter of 2022, the gross domestic product (GDP) grew by 4.3% year on year. The GDP at current prices was 8 billion euros.

Passenger traffic and shipment of goods through ports increased last year

Kuupäev 21.03.2018
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  3. Passenger traffic and shipment of goods through ports increased last year
According to Statistics Estonia, in 2017, compared to 2016, the number of international traffic passengers served by Estonian ports increased by 3%, the number of national traffic passengers increased by 7% and the freight volume of ports in tonnes increased by 3%.

In September, the prices of juices and syrups increased the most among food products

Kuupäev 07.10.2024
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  3. In September, the prices of juices and syrups increased the most among food products
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

The trade deficit was almost two times smaller in November

Kuupäev 09.01.2024
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  3. The trade deficit was almost two times smaller in November
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.

Last year the carriage of passengers and goods declined

Kuupäev 08.05.2017
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  3. Last year the carriage of passengers and goods declined
According to Statistics Estonia, in 2016, the number of passengers served by Estonian transport enterprises decreased by 3% and the freight volume in tonnes decreased by 1% compared to the previous year. The number of passengers increased in sea and rail transport, but decreased in road and air transport. Carriage of goods increased in road transport, but decreased in rail transport.

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