According to Statistics Estonia, exports of goods increased by 17% and imports by 23% in 2022 compared with 2021. In December 2022, both exports as well as imports remained at the level of 2021.
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 0.1% in November 2023 compared with October and by 3.3% compared with November last year, according to Statistics Estonia.
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 1.0% in May 2024 compared with April and decreased by 1.6% compared with May last 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, increased by 0.3% in April 2024 compared with March and decreased by 2.9% compared with April last 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 March 2024 compared with February and by 3.9% compared with March last 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, increased by 0.1% in August 2023 compared with July and decreased by 4.4% compared with August last year.
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
In November 2021, 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 1.1% compared to October 2021 and by 19.1% compared to November 2020.
According to Statistics Estonia, in March 2023, Estonia’s exports and imports of goods decreased by 15% and 12%, respectively, compared with March 2022. In the first quarter as a whole, both exports and imports of goods fell by 8%.
In October 2021, 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 0.1% compared to September 2021 and increased by 19.0% compared to October 2020.