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Classification of goods by textual description: an applied study

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  2. Classification of goods by textual description: an applied study
All countries involved in foreign trade are likely to feel the need for automatic classification of goods as there are numerous commodities, different goods have different tax rates and countries are interested in the structure of trade. Is it possible to automate the assignment of commodity codes using the text of the commodity description, and if so, to what degree of accuracy?

National accounts (quarterly)

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The number of accommodated tourists decreased in March year on year

Date 09.05.2025
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  3. The number of accommodated tourists decreased in March year on year
Helga Laurmaa, leading analyst at Statistics Estonia, said that 108,000 foreign and 109,000 domestic tourists were accommodated in Estonia in March 2025. “The number of foreign tourists was 7% lower than in March last year and it was also smaller compared with March 2019 (down by 13%),” explained Laurmaa. Similarly to the earlier months of this year, accommodation establishments served more domestic than foreign tourists in March. The number of domestic tourists in March was 11% smaller than in the same month last year. Laurmaa added that the number of domestic tourists was at the same level

Tourism satellite account

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The consumer price index down by 1.1% in September compared with August

Date 07.10.2025
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  3. The consumer price index down by 1.1% in September compared with August
Lauri Veski, team lead of consumer price statistics at Statistics Estonia, said that the last time the consumer price index fell compared with the previous month was in March this year, when it was down by 0.5%. However, the last time we saw such a big drop as we are seeing now was nearly three years ago, in October 2022. “Compared with September last year, the rise in the consumer price index was primarily driven by food prices, which were up by 7.7%,” Veski noted, commenting on the year-on-year increase in the index. Among food products, the most significant year-on-year price increases were

The number of foreign tourists reached 2019 levels

Date 10.04.2025
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  3. The number of foreign tourists reached 2019 levels
Helga Laurmaa, leading analyst at Statistics Estonia, said that 110,000 foreign and 120,000 domestic tourists were accommodated in Estonia in February 2025. “The number of foreign tourists increased by 3% year on year and reached the level of February 2019. However, in February 2020, just before the crisis, 10,000 more foreign tourists (8%) stayed in accommodation establishments than in February this year,” Laurmaa added. The number of domestic tourists in February was 2% higher than at the same time last year. Helga Laurmaa pointed out that, compared with pre-crisis February 2020, the number

Retail trade volume increased for the third consecutive month

Date 28.03.2025
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  3. Retail trade volume increased for the third consecutive month
Johanna Linda Pihlak, analyst at Statistics Estonia, said that, compared with February last year, turnover volume grew by 21% in enterprises engaged in the retail sale of automotive fuel and by 6% in stores selling manufactured goods. “In grocery stores, the volume of turnover declined by 5% in February year on year,” added Pihlak. Among stores selling manufactured goods, the biggest increase at 28% was registered in the turnover volume of other specialised stores selling predominantly computers and their accessories, books, sports equipment, games, toys, etc. The volume of turnover was up by

Number of people living in poverty down year on year, perceived deprivation up

Date 06.11.2024
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  3. Number of people living in poverty down year on year, perceived deprivation up
Epp Remmelg, leading analyst at Statistics Estonia, said that the at-risk-of-poverty rate reflects income inequality in a country. “In 2023, close to 274,800 people lived at risk of poverty – nearly 29,000 fewer than in 2022. Their net monthly income, taking into account household composition, i.e. the equivalised disposable income, was less than €807,” said Remmelg. Income grew mainly due to increases in child benefits and pensions The analyst noted that over the years, the at-risk-of-poverty rate has been highest among the elderly living alone and lone parent households. “However, we see

Employed persons

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Higher prices of wood products had the biggest impact on the producer price index in December

Date 20.01.2025
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  3. Higher prices of wood products had the biggest impact on the producer price index in December
Eveli Šokman, team lead of producer price statistics at Statistics Estonia, said that, compared with December 2023, the producer price index was most affected by price increases in the manufacture of wood and wood products, repair of machinery and equipment, and manufacture of food products. “Falling prices in electricity and heat energy production and in the manufacture of fabricated metal products and electrical equipment had the opposite effect on the index. Producer prices increased by 1.9% in manufacturing as a whole and by 2.6% in the manufacture of food products,” Šokman pointed out

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