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In May, electrical equipment was the most exported commodity, while agricultural products and food preparations were the top commodities in imports
Kuupäev 10.07.2025
Article
Jane Leppmets, foreign trade analyst at Statistics Estonia, said that, in May, the changes in intra-EU trade were marginal – exports were up by 3% and imports down by 1%. “In extra-EU trade, exports of goods decreased by 2% while imports increased by 54% compared with May last year. The latter was influenced by a large-scale transaction in the defence sector,” noted Leppmets. In May, exports to Singapore grew the most and exports to Russia fell the most The main commodities exported in May were electrical equipment (15% of Estonia’s total exports), agricultural products and food preparations
The dwelling price index rose by 6.1% in 2024
Kuupäev 21.03.2025
Article
Märt Umbleja, leading analyst at Statistics Estonia, said that the rise in the dwelling price index in 2024, calculated as the average of four quarters, was 6.1%. “Last year, the prices of apartments went up by 6.1% and the prices of houses by 6.2%,” added Umbleja. In the fourth quarter of last year, the dwelling price index increased by 3.6% compared with the same quarter of 2023. The prices of apartments rose by 2.1% and the prices of houses by 7.5%. “Quarter on quarter, the index continued the downtrend for the second quarter in a row. Compared with the third quarter of 2024, the prices of
Retail trade volume fell by 4% in March
Kuupäev 30.04.2024
Article
According to Statistics Estonia, in March 2024, the turnover of retail trade enterprises was 851 million euros. Compared with March 2023, the volume of retail trade turnover* fell by 4%.
Decline in retail trade volume in April was most affected by grocery stores
Kuupäev 30.05.2024
Article
According to Statistics Estonia, in April 2024, the turnover of retail trade enterprises was €842 million. Compared with April 2023, the volume of retail trade turnover fell by 3%.
The economy grew by 0.9% in the second quarter
Kuupäev 29.08.2025
Article
Robert Müürsepp, the national accounts team lead at Statistics Estonia, said that there was modest economic growth in the second quarter of 2025. The last time that the GDP grew was in the second quarter of last year. “About half of economic activities contributed positively to the GDP, with the biggest contribution coming from the energy sector where value added grew by 43%. In real estate activities, value added increased by 5.4%. The biggest negative contributors were construction, with a 9.3% decline in value added, and transportation and storage, where value added decreased by 11%,” noted
The economy contracted by 0.7% in Q3
Kuupäev 29.11.2024
Article
Robert Müürsepp, team lead of national accounts at Statistics Estonia, noted that the economy, which has been falling for ten quarters in a row, is showing signs of improvement, but the biggest changes are still on the negative side. “Among the activities, construction had a strong negative impact on the economy, as did manufacturing. The biggest positive contributor after two years was again information and communication, where value added grew by 7.3%,” Müürsepp stated. Real estate activities and agriculture, forestry and fishing also made larger positive contributions to the economy. The
Retail trade turnover has been falling for 18 months
Kuupäev 28.03.2024
Article
According to Statistics Estonia, in February 2024, the turnover of retail trade enterprises was 739 million euros. Compared with February 2023, turnover fell by 3% at constant prices.
Economic downturn accelerated again in the third quarter
Kuupäev 30.11.2023
Article
In the third quarter of 2023, the gross domestic product (GDP) decreased by 3.9% compared with the same quarter of 2022. The GDP at current prices amounted to 9.4 billion euros.
In September, the prices of juices and syrups increased the most among food products
Kuupäev 07.10.2024
Article
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