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GDP flash estimate: economy contracted by 2.1% in Q1

Kuupäev 30.04.2024
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  3. GDP flash estimate: economy contracted by 2.1% in Q1
According to Statistics Estonia’s preliminary estimate, the decline in the gross domestic product (GDP) slowed down in the first quarter of 2024. The GDP fell by about 2.1% compared with the first quarter of 2023.

Exports of goods up by 17% and imports by 13% in March

Kuupäev 12.05.2025
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  3. Exports of goods up by 17% and imports by 13% in March
Jane Leppmets, foreign trade analyst at Statistics Estonia, said that both exports and imports of goods increased in March, as in the first two months of the year. “Exports of goods grew in all commodity sections. The rise in exports was influenced by an even larger increase in re-exports, which rose by 27% year on year. This was mainly due to an increase in the re-exports of transport equipment,” Leppmets noted. The share of goods of Estonian origin in total exports fell by three percentage points year on year, accounting for 65% in March this year. Exports of goods of Estonian origin

Exports of goods of Estonian origin increased by 4% in September

Kuupäev 11.11.2024
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  3. Exports of goods of Estonian origin increased by 4% in September
Jane Leppmets, analyst at Statistics Estonia, said that exports of goods increased in September and in the third quarter overall. “Although re-exports fell by 1% in September, the rise in total exports was driven by the 4% increase in exports of goods of Estonian origin. The share of goods of Estonian origin in total exports grew by one percentage point year on year, reaching 64%” added Leppmets. There was a significant rise in trade with non-EU countries. Exports to EU countries were down and imports from the EU were stable, but there was a 21% increase in exports to non-EU countries, and

Estonia's population is increasing due to Ukrainian immigration

Kuupäev 14.05.2024
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  3. Estonia's population is increasing due to Ukrainian immigration
According to Statistics Estonia, on 1 January 2024, the population of Estonia was 1,374,687. There were 10,949 births and 16,002 deaths in Estonia in 2023.

436.73 euros per tonne: average purchase price of milk fell last year

Kuupäev 25.01.2024
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  3. 436.73 euros per tonne: average purchase price of milk fell last year
According to Statistics Estonia, 859,600 tonnes of milk were purchased from Estonian agricultural producers in 2023, for which farmers were paid nearly 375 million euros. The average purchase price for the year was 436.73 euros per tonne, 5.8% lower than a year earlier.

Exports of services up by 7% and imports by 5% in 2024

Kuupäev 04.03.2025
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  3. Exports of services up by 7% and imports by 5% in 2024
Jane Leppmets, foreign trade analyst at Statistics Estonia, said that foreign trade in services continues to grow steadily and reached a record level in 2024. “Exports of services were most affected by an increase in sales of telecommunications, computer and information services (up by €459 million) and imports by a rise in purchases of travel services (up by €134 million). Other business services, transport services, and telecommunications, computer and information services accounted for the largest shares. The top partner countries for exports last year were Finland (15% of Estonia’s total

The utilised agricultural area per holding in Estonia is one of the biggest in Europe

Kuupäev 13.02.2024
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  3. The utilised agricultural area per holding in Estonia is one of the biggest in Europe
According to the Farm Structure Survey conducted by Statistics Estonia, the number of agricultural holdings in Estonia has decreased by 6%, i.e. by 700, in three years. The average size of agricultural area has risen to 91 hectares, which is one of the highest values in the European Union (EU) after Czechia and Slovakia.

Exports of goods up by 12% in February

Kuupäev 09.04.2025
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  3. Exports of goods up by 12% in February
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

Exports of goods to Finland decreased the most in January

Kuupäev 11.03.2024
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  3. Exports of goods to Finland decreased the most in January
According to Statistics Estonia, in January 2024, exports of goods decreased by 11% and imports by 13% compared with January 2023. Exports of goods amounted to about 1.4 billion and imports to 1.5 billion euros at current prices. The trade deficit was 122 million euros, which is 60 million euros less than in January last year.

Share of environmental goods and services sector in GDP up by a quarter in eight years

Kuupäev 01.11.2024
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  3. Share of environmental goods and services sector in GDP up by a quarter in eight years
Kaia Oras, a leading expert at Statistics Estonia, explained that the growth in demand for environmental goods and services has been due to both increased awareness of environmental problems as well as higher environmental and energy saving requirements, especially in construction. “The rapid growth in energy-efficient new construction and reconstruction of buildings has a huge impact. Together, these generated €1.5 billion in output,” Oras added. Among the energy produced from renewables, electricity and heat production from renewable energy sources accounted for €482.2 million and the

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