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Article

Growth in foreign trade in services slowed down in the first quarter

Kuupäev 11.06.2024
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  3. Growth in foreign trade in services slowed down in the first quarter
According to Statistics Estonia and Eesti Pank, in the first quarter of 2024, Estonia’s exports of services grew by 2%, while imports were unchanged from the same period last year. Sales of services to non-residents totalled €2.8 billion and purchases of services from non-residents amounted to €2.2 billion at current prices. The balance of foreign trade in services was in surplus by €595 million, which is €45 million more than a year earlier.

In 2022, trade of goods increased, trade deficit was 3.3 billion euros

Kuupäev 09.02.2023
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  3. In 2022, trade of goods increased, trade deficit was 3.3 billion euros
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.

In February, the producer price index of industrial output rose by 0.8% compared to the previous month

Kuupäev 21.03.2022
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  2. In February, the producer price index of industrial output rose by 0.8% compared to the previous month
In February 2022, 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 0.8% compared to January 2022 and by 26.3% compared to February 2021.

Producer price index of industrial output continued to fall

Kuupäev 22.01.2024
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  3. Producer price index of industrial output continued to fall
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 0.8% in December 2023 compared with November and by 4.4% compared with December 2022.

In March, foreign trade was affected by the decreased trade in mineral fuels, metals and wood

Kuupäev 10.05.2023
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  3. In March, foreign trade was affected by the decreased trade in mineral fuels, metals and wood
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%.

Producer price index of industrial output fell by 4.4% year on year

Kuupäev 20.09.2023
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  3. Producer price index of industrial output fell by 4.4% 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 0.1% in August 2023 compared with July and decreased by 4.4% compared with August last year.

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.

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.

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

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

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