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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 1.0% in January 2023 compared with December 2022 and increased by 12.7% compared with January 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 0.2% in November compared with October 2022 and by 22.4% compared with November 2021.

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.

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.

Robert Müürsepp, the national accounts team lead at Statistics Estonia, said that the GDP, which had shown growth in the fourth quarter last year, was again down a little in the first quarter this year. “A month ago, we published a model-based flash estimate which suggested that the economy might be slightly improving. However, the flash estimate underestimated some irregular factors in the fourth quarter. Vehicle sales were exceptionally high in the fourth quarter in anticipation of the introduction of the motor vehicle tax from 2025. But the model could not fully foresee the significant

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

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.

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.

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%.

Helle Bunder, leading analyst at Statistics Estonia, explained that manufacturing output, which had shown growth for eight months, started to decrease slightly in September. “Although output increased in most larger manufacturing industries, there was a notable fall in production volumes in several medium-sized manufacturing activities. A more significant decrease occurred in the manufacture of shale oil (37.9%), machinery and equipment n.e.c. (22.2%) and beverages (21%),” she added. Bunder mentioned price cuts in September as one of the reasons for the decreased output of shale oil. “In the