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Volume of industrial production up by 0.9% in May

Kuupäev 04.07.2025
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  3. Volume of industrial production up by 0.9% in May
Helle Bunder, leading analyst at Statistics Estonia, said that, in April, the volume of industrial production increased in most major manufacturing activities, while in May output rose in just a few of the main industries. “Looking at the larger industries, output increased marginally, by less than one percent, in the manufacture of wood (0.6%) and food products (0.3%). Among the major activities, output decreased in the manufacture of fabricated metal products (5.4%), electrical equipment (3.9%) and computers and electronic products (12.6%),” noted Bunder. In May this year, 65.5% of the total

Trade deficit increased in October

Kuupäev 09.12.2022
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  3. Trade deficit increased in October
According to Statistics Estonia, in October 2022, Estonia’s exports of goods increased by 11% and imports by 15% at current prices compared with October 2021.

Producer price index of industrial output down by 3.0% from last year

Kuupäev 20.11.2023
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  3. Producer price index of industrial output down by 3.0% from 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 October 2023 compared with September and by 3.0% compared with October last year.

Industrial production volumes up by 2.9% in June

Kuupäev 05.08.2025
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  3. Industrial production volumes up by 2.9% in June
Helle Bunder, leading analyst at Statistics Estonia, said that, in June, the volume of industrial production increased in more than half of the manufacturing activities, including most of the major activities. “Looking at the larger industries, there was an increase in output in the manufacture of wood (4.0%), fabricated metal products (10.2%), computers and electronic products (8.0%), and electrical equipment (3.2%). Among the major industries, output decreased in the manufacture of food products (5.1%) and rubber and plastic products (4.7%),” the analyst noted. In June 2025, 64.8% of the

Economy grew by 1.2% in Q4 of 2024

Kuupäev 03.03.2025
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  3. Economy grew by 1.2% in Q4 of 2024
Robert Müürsepp, the national accounts team lead at Statistics Estonia, said that the fourth quarter marked the end of 10 quarters of recession. “The last time the GDP grew was in the first quarter of 2022,” Müürsepp noted. In contrast to previous quarters, the majority of activities had a positive impact on the economy. “The energy sector led the way, with value added increasing by 21%. This was followed by real estate activities and information and communication – both saw their value added rise by 5.7%. Notably, manufacturing also recovered from the crisis, growing by 0.5%. The value added

Foreign trade declined by a fifth in August

Kuupäev 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.

Producer price index of industrial output fell by 2.5% year on year

Kuupäev 20.10.2023
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  3. Producer price index of industrial output fell by 2.5% 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, increased by 0.7% in September 2023 compared with August and decreased by 2.5% compared with September last year.

Foreign trade in goods showed signs of picking up in April

Kuupäev 10.06.2024
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  3. Foreign trade in goods showed signs of picking up in April
According to Statistics Estonia, in April 2024, exports of goods increased by 3% and imports by 6% compared with April 2023. Exports of goods amounted to more than €1.5 billion and imports to over €1.8 billion at current prices. The trade deficit was €305 million, which is €65 million more than in April last year.

The trade deficit was almost two times smaller in November

Kuupäev 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.

Foreign trade declined further in September

Kuupäev 09.11.2023
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  3. Foreign trade declined further in September
According to Statistics Estonia, in September, Estonia’s exports of goods amounted to almost 1.5 billion and imports to nearly 1.7 billion euros. Compared with the same month in 2022, exports of goods decreased by 24% and imports by 22% at current prices. The trade deficit in September was 207 million euros, which is 13 million euros more than in September last year.

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