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In August, industrial production volume grew only in manufacturing

Date 01.10.2021
Article
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  2. In August, industrial production volume grew only in manufacturing
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.

Industrial production grew by 3.4% in November

Date 06.01.2026
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  3. Industrial production grew by 3.4% in November
Helle Bunder, leading analyst at Statistics Estonia, said that manufacturing output showed growth again in November after two months of decline. “It was driven by the manufacture of motor vehicles, trailers and semi-trailers, where output increased by more than half mainly due to the defence industry. There was also a significant rise in the manufacture of other transport equipment, which includes the output of the manufacture of recreational craft,” noted Bunder. In November, the volume of industrial production increased in more than half of manufacturing activities. Looking at the larger

Construction volume down by 4% in the second quarter

Date 28.08.2024
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  3. Construction volume down by 4% in the second quarter
According to Statistics Estonia, in the second quarter of 2024, the total production value of Estonian construction enterprises in Estonia and abroad decreased by 4% compared with the second quarter of 2023. On the domestic construction market, volume fell by 3%.

Foreign trade declined by a fifth in August

Date 10.10.2023
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  3. Foreign trade declined by a fifth in August
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.

Industrial production in August declined significantly in the manufacture of wood

Date 04.10.2024
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  3. Industrial production in August declined significantly in the manufacture of wood
Helle Bunder, leading analyst at Statistics Estonia, pointed out that, as in the first half of the year, when the volume of manufacturing declined by 6%, the fall continued at the same rate in August. “Also, as in the previous months, the volume of industrial production was down in two thirds of the manufacturing activities,” Bunder added. Looking at the larger industries, output decreased in the manufacture of wood (14.4%), electrical equipment (4.7%), and building materials (8%). The manufacture of food products and fabricated metal products remained nearly unchanged, with production falling

In October, the producer price index did not change

Date 20.11.2020
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  2. In October, the producer price index did not change
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%.

Industrial producer price index rose by almost 32% year on year

Date 20.05.2022
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  2. Industrial producer price index rose by almost 32% year on year
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.

The trade deficit was almost two times smaller in November

Date 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.

The decline in industrial production volumes was slower in May

Date 04.07.2024
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  3. The decline in industrial production volumes was slower in May
According to Statistics Estonia, in May 2024, the total production of industrial enterprises fell by 1.2% compared with May last year. Among the three industrial sectors, output increased by 2.1% in electricity production but decreased by 0.7% in mining and by 1.4% in manufacturing.

Exports and imports reached a record high in March

Date 10.05.2022
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  2. Exports and imports reached a record high in March
According to Statistics Estonia, in March 2022, Estonia’s exports of goods increased by 35% and imports by 31% compared to March 2021. Compared to the first quarter of last year, exports grew by 30% and imports by 34%. In March and in the first quarter as a whole, trade was primarily boosted by the increased exports and imports of mineral fuels and electricity.

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