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Article

2021 was a year of rapid growth in trade

Kuupäev 09.02.2022
Article
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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.

In the fourth quarter, the economy contracted by 1.2%

Kuupäev 01.03.2021
Article
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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%.

Increased imports led to a higher trade deficit in February

Kuupäev 11.04.2022
Article
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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.

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.

Peer Review of Statistics Estonia, 2021

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  2. Peer Review of Statistics Estonia, 2021
Statistics Estonia and all other statistical authorities of the European Union, forming the European Statistical System partnership, are responsible for the development, production and dissemination of European statistics. All European statistical authorities adhere to the 16 key principles defined in the European Statistics Code of Practice, which is supported by the Quality Assurance Framework of the European Statistical System. Implementation of the European Statistics Code of Practice is monitored through peer reviews conducted about every five years. The previous round of peer reviews was

Rapid growth in the industrial producer price index slowed in July

Kuupäev 22.08.2022
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  2. Rapid growth in the industrial producer price index slowed in July
In July 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, rose by 0.4% compared with June and by 28.8% compared with July 2021.

Industrial producer price index rose by almost 32% year on year

Kuupäev 20.05.2022
Article
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  2. Industrial producer price index rose by almost 32% year on year
In April 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 2.8% compared to March 2022 and by 31.8% compared to April 2021.

Production volumes in manufacturing showed modest growth for the third month in a row

Kuupäev 06.05.2025
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  3. Production volumes in manufacturing showed modest growth for the third month in a row
Helle Bunder, leading analyst at Statistics Estonia, said that the volume of manufacturing production showed a modest increase in each month of the first quarter. “Manufacturing, which had been in a slump since summer 2022, started to show the first signs of recovery in October and November last year. This year has also started positively,” explained Bunder. In March, the volume of industrial production increased in more than half of manufacturing activities. Looking at the larger industries, there was an increase in output in the manufacture of electrical equipment (15.5%), fabricated metal

Positive trends in foreign trade continued in February

Kuupäev 09.04.2021
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  2. Positive trends in foreign trade continued in February
According to Statistics Estonia, in February, exports of goods increased by 16% and imports by 10% year on year. The growth in foreign trade was significantly boosted by trade in mineral products and wood and articles of wood.

The trade deficit narrowed in April

Kuupäev 09.06.2023
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  3. The trade deficit narrowed in April
According to Statistics Estonia, in April 2023, Estonia’s exports of goods decreased by 4% and imports by 18% at current prices compared with April 2022. Foreign trade was most affected by the reduced trade in mineral fuels and wood and articles of wood.

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