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Producer price index of industrial output rose by 22.4% year on year

Kuupäev 20.12.2022
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  3. Producer price index of industrial output rose by 22.4% 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 0.2% in November compared with October 2022 and by 22.4% compared with November 2021.

In January, the industrial producer price index rose by 2.4% compared to the previous month

Kuupäev 28.02.2022
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  2. In January, the industrial producer price index rose by 2.4% compared to the previous month
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 in January by 2.4% compared to December 2021 and by 26.6% compared to January 2021.

In the fourth quarter, the economy contracted by 1.2%

Kuupäev 01.03.2021
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  2. In the fourth quarter, the economy contracted by 1.2%
According to Statistics Estonia, in the fourth quarter of 2020, the gross domestic product (GDP) decreased by 1.2% year on year, and the GDP at current prices was 7.3 billion euros. In 2020 as a whole, the Estonian economy shrank by 2.9%.

Industrial production grew by 4% in April

Kuupäev 05.06.2025
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  3. Industrial production grew by 4% in April
Helle Bunder, leading analyst at Statistics Estonia, said that April data show that the growth in manufacturing output has become broad-based. “In April, the volume of industrial production increased in most manufacturing activities. Looking at the larger industries, output grew in the manufacture of wood (3.1%), electrical equipment (7.3%), fabricated metal products (6.6%), and food products (6.1%),” said Bunder. Among the major industries, there was a decline in output in the manufacture of chemical products (7.6%) and computers and electronic products (3.2%). In April 2025, 65.2% of the

Industrial production down by 1.1% in October

Kuupäev 04.12.2025
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  3. Industrial production down by 1.1% in October
Helle Bunder, leading analyst at Statistics Estonia, said that manufacturing production in October decreased for the second month in a row. “Although the volume of industrial production was up in half of the manufacturing activities in October, the overall volume of the sector declined, mainly due to a decrease in the production of computers and electronic products (3.1%), food products (1.9%), and electrical equipment (6.8%). A slight drop was also seen in the manufacture of wood, at 0.8%,” Bunder added. “The decline in the production of computers and electronic products is primarily due to

Trade in goods decreased in June as well as in the first six months overall

Kuupäev 09.08.2024
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  3. Trade in goods decreased in June as well as in the first six months overall
According to Statistics Estonia, in June 2024, Estonia’s exports of goods decreased by 14% and imports by 11% compared with June 2023. Exports of goods amounted to nearly 1.4 billion and imports to more than 1.6 billion euros at current prices. The trade deficit was 268 million euros, which is 20 million more than in June last year.

2021 was a year of rapid growth in trade

Kuupäev 09.02.2022
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  2. 2021 was a year of rapid growth in trade
According to Statistics Estonia, in 2021, Estonia’s exports of goods increased by 28% and imports by 32% compared to 2020. In December, exports grew by 24% and imports by 27% year on year.

Increased imports led to a higher trade deficit in February

Kuupäev 11.04.2022
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  2. Increased imports led to a higher trade deficit in February
According to Statistics Estonia, in February 2022, Estonia’s exports of goods increased by 18% and imports by 35% compared to February 2021. The rise in imports was significantly influenced by the greater imports of electricity and mineral fuels.

The economy contracted by 0.7% in Q3

Kuupäev 29.11.2024
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  3. The economy contracted by 0.7% in Q3
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

Trade with non-EU countries decreased in February

Kuupäev 10.04.2023
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  3. Trade with non-EU countries decreased in February
According to Statistics Estonia, in February 2023, Estonia’s exports of goods increased by 2% and imports decreased by 8% compared with February 2022. Exports of goods amounted to 1.5 billion and imports to 1.6 billion euros at current prices. The trade deficit was 103 million euros, down by 167 million euros year on year.

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