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Article

Recession was wide-ranging in the first quarter

Kuupäev 31.05.2023
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  3. Recession was wide-ranging in the first quarter
According to Statistics Estonia, the gross domestic product (GDP) decreased by 3.2% at constant prices in the first quarter of 2023 compared with the same quarter a year earlier. The GDP at current prices amounted to 8.7 billion euros.

Exports to Latvia, the Netherlands and the USA fell the most in October

Kuupäev 11.12.2023
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  3. Exports to Latvia, the Netherlands and the USA fell the most in October
According to Statistics Estonia, in October, Estonia’s exports of goods amounted to 1.5 billion and imports to 1.8 billion euros. Compared with October 2022, exports of goods decreased by 21% and imports by 17% at current prices. The trade deficit in October was 307 million euros, which is 24 million euros more than a year earlier.

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.

Intrastat

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What is Intrastat?

Intrastat (Intra-EU Trade Statistics) is the special data system for collecting statistics on the trade in goods between the Member States of the European Union (EU). The Intrastat system became operational in 1993 with the creation of the EU Common Market when the customs checks on the EU internal borders disappeared. This meant that the production of foreign trade statistics using the data from customs declarations was no longer possible. Consequently, it became necessary to collect the data directly from economic units engaging in foreign trade.

In the case of Intra-EU

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.

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%.

The economy contracted by 1% in Q2

Kuupäev 30.08.2024
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  3. The economy contracted by 1% in Q2
According to Statistics Estonia, in the second quarter of 2024, the gross domestic product (GDP) decreased by 1% compared with the same period of 2023. The GDP at current prices amounted to €9.8 billion.

Estonia’s exports of services were boosted by trade with Finland

Kuupäev 13.06.2022
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  2. Estonia’s exports of services were boosted by trade with Finland
According to Statistics Estonia and Eesti Pank, in the first quarter of 2022, Estonia’s exports of services grew by 22% while imports of services fell by 10% year on year. In the first quarter of this year, Estonia’s exports of services totalled 2 billion euros and imports of services 1.5 billion euros.

In the third quarter, exports of services reached the highest level of recent years

Kuupäev 12.12.2022
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  3. In the third quarter, exports of services reached the highest level of recent years
According to Statistics Estonia and Eesti Pank, in the third quarter of 2022, Estonia’s exports of services grew by 32% and imports by 33% year on year. Estonia’s exports of services totalled 2.8 billion euros and imports of services 2.2 billion euros. The balance of foreign trade in services was in surplus by 568 million euros, which is 129 million euros more than in the same quarter last year.

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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