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Article

Foreign trade decreased significantly in 2023

Kuupäev 09.02.2024
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  3. Foreign trade decreased significantly in 2023
According to Statistics Estonia, exports of goods in 2023 decreased by 16% and imports by 17% compared with the year before. Exports of goods amounted to 18 billion and imports to 21 billion euros at current prices. The trade deficit was 3 million euros, which is 695 million euros lower than in 2022.

Exports of goods boosted by domestic products in November

Kuupäev 09.01.2025
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  3. Exports of goods boosted by domestic products in November
Jane Leppmets, foreign trade analyst at Statistics Estonia, said that exports of goods of Estonian origin increased by 6% in November, while re-exports decreased by 2%. “The share of goods of Estonian origin in total exports was up by two percentage points in November, accounting for 66%. The groups of goods of Estonian origin with the largest exports in November were electrical equipment and wood and articles of wood,” Leppmets noted. The main commodities exported in November were electrical equipment (16% of Estonia's total exports), agricultural products and food preparations (14%), and

According to revised data, economic growth is yet to be seen

Kuupäev 30.05.2025
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  3. According to revised data, economic growth is yet to be seen
Robert Müürsepp, the national accounts team lead at Statistics Estonia, said that the GDP, which had shown growth in the fourth quarter last year, was again down a little in the first quarter this year. “A month ago, we published a model-based flash estimate which suggested that the economy might be slightly improving. However, the flash estimate underestimated some irregular factors in the fourth quarter. Vehicle sales were exceptionally high in the fourth quarter in anticipation of the introduction of the motor vehicle tax from 2025. But the model could not fully foresee the significant

Producer price index of industrial output, export and import price index, July 2023

Kuupäev 21.08.2023
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  3. Producer price index of industrial output, export and import price index, July 2023
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, fell by 1.0% in July 2023 compared with June and by 3.2% compared with July last year.

Output in mining up by 10.4%, industrial production down as a whole

Kuupäev 05.11.2024
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  3. Output in mining up by 10.4%, industrial production down as a whole
Helle Bunder, leading analyst at Statistics Estonia, pointed out that year-on-year growth in the output of the mining industry in September was mainly driven by peat production, while the increase in energy production was due to growth in electricity production. “In manufacturing, the volume of industrial production was down in slightly more than half of the manufacturing activities. Among the larger industries, output decreased by 11% in the manufacture of wood and by 13.5% in the manufacture of motor vehicles, trailers and semi-trailers,” Bunder added. Looking at the larger industries, the

There were 7% more foreign tourists accommodated in November

Kuupäev 09.01.2026
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  3. There were 7% more foreign tourists accommodated in November
Piret Pukk, leading analyst at Statistics Estonia, said that about half of the tourists accommodated in Estonia in November 2025 were foreign tourists and the other half were domestic tourists – their numbers were 127,273 and 127,716, respectively. “The number of foreign tourists was still 13% lower than in November 2019 before the pandemic. The number of domestic tourists was 10% higher than in November 2019, which has also been the trend in previous months,” added Pukk. Year on year, there were fewer tourists from Finland and more tourists from Latvia The largest number of foreign tourists

Producer price index of industrial output fell by 1.9% year on year

Kuupäev 20.07.2023
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  3. Producer price index of industrial output fell by 1.9% year on year
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, fell by 0.4% in June 2023 compared with May and by 1.9% compared with June last year.

Producer price index down for the third month in a row

Kuupäev 20.04.2023
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  3. Producer price index down for the third month in a row
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, decreased by 0.4% in March 2023 compared with February 2023 and increased by 7.9% compared with March 2022.

Exports of goods up by 12% in February

Kuupäev 09.04.2025
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  3. Exports of goods up by 12% in February
Evelin Puura, the foreign trade statistics team lead at Statistics Estonia, pointed out that Estonia's exports were significantly affected by the re-exports of previously imported goods which increased by 30% year on year. “The rise in re-exports was mainly due to transport equipment,” Puura added. Exports of goods of Estonian origin grew by 4% compared with February last year, accounting for 65% of total exports. The rise was mainly due to the increased exports of processed fuels and shale oil as well as measuring instruments. Electrical equipment was the top commodity exported in February

Producer price index of industrial output rose by 0.8% year on year

Kuupäev 20.06.2023
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  3. Producer price index of industrial output rose by 0.8% year on year
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, fell by 0.3% in May 2023 compared with April and rose by 0.8% compared with May last year.

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