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

Date 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

Manufacturing output up by 0.8% in October

Date 04.12.2024
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  3. Manufacturing output up by 0.8% in October
Helle Bunder, leading analyst at Statistics Estonia, noted that, in October, the volume of production in manufacturing increased slightly after a long period of decline. “Manufacturing output had fallen for nearly 2.5 years but now grew by 0.8% compared with October 2023,” explained Bunder. In October, the volume of industrial production increased in almost half of manufacturing activities. Looking at the larger industries, output increased in the manufacture of food products (6.4%), fabricated metal products (3.8%), electrical equipment (9.9%), and building materials (8%). Among the major

In the fourth quarter, the economy contracted by 1.2%

Date 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%.

The number of accommodated tourists was up by 7% in April year on year

Date 10.06.2025
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  3. The number of accommodated tourists was up by 7% in April year on year
Helga Laurmaa, leading analyst at Statistics Estonia, said that 133,800 foreign and 117,500 domestic tourists were accommodated in Estonia in April 2025. The number of foreign tourists has shown considerable growth over the last year but has not yet fully recovered from the slump a few years ago. “Compared with April 2024, the number of foreign tourists increased by 16%. It is still lower than in April 2019, the last peak for this month,” said Laurmaa. “The number of accommodated domestic tourists remained similar to April last year but it was actually 11% bigger than in April 2019,” she noted

HICP flash estimate: prices up by 0.9% in August

Date 02.09.2025
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  3. HICP flash estimate: prices up by 0.9% in August
The consumer price index uses weights reflecting the average expenditure structure of Estonian residents, while the harmonised index of consumer prices also takes into account the expenditures of tourists and is comparable to the international HICP. Lauri Veski, team lead of consumer price statistics at Statistics Estonia, said that according to preliminary estimates, prices rose in all major sectors in August. “The only sector to see a decline in prices was food service and accommodation, driven by accommodation services,” Veski added. The consumer price index data for August will be

Foreign trade declined by a fifth in August

Date 10.10.2023
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  3. Foreign trade declined by a fifth in August
According to Statistics Estonia, in August, Estonia’s exports of goods amounted to 1.5 billion and imports to 1.8 billion euros. Compared with the same month in 2022, exports of goods decreased by 22% and imports by 19% at current prices. The trade deficit in in August was 293 million euros, which is 7 million euros less than a year earlier.

Foreign trade grew in October, exports of goods of Estonian origin up by 17%

Date 09.12.2024
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  3. Foreign trade grew in October, exports of goods of Estonian origin up by 17%
Jane Leppmets, foreign trade analyst at Statistics Estonia, said that compared with October 2023, the growth in foreign trade in October 2024 was the highest this year. “Re-exports of goods increased by 5% in October, while exports of goods of Estonian origin grew by as much as 17%. The share of goods of Estonian origin in total exports was also up from October last year, accounting for 66% in October 2024. Wood and articles of wood as well as electrical equipment of Estonian origin were the most exported items. The exports of these goods also increased the most,” Leppmets pointed out. The

Imports from Russia and Belarus fell sharply in August

Date 10.10.2022
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  3. Imports from Russia and Belarus fell sharply in August
According to Statistics Estonia, in August 2022, Estonia’s exports of goods increased by 20% and imports by 28% compared with August 2021. Imports from Russia fell by 55% and imports from Belarus by 96% year on year.

Imports of goods increased in November

Date 09.01.2023
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  3. Imports of goods increased in November
According to Statistics Estonia, in November 2022, Estonia’s exports of goods at current prices remained at the same level and imports increased by 12% compared with November 2021.

Trade in goods with non-EU countries decreased the most in May

Date 10.07.2023
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  3. Trade in goods with non-EU countries decreased the most in May
According to Statistics Estonia, in May 2023, Estonia’s exports of goods decreased by 15% and imports by 13% at current prices compared with May 2022. Exports of goods amounted to 1.6 billion and imports to 1.9 billion euros at current prices. The trade deficit was 309 million euros, which is 12 million euros more than in May last year.

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