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Estonia’s foreign trade is breaking records, trade most active with neighbour countries

Kuupäev 10.01.2022
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  2. Estonia’s foreign trade is breaking records, trade most active with neighbour countries
According to Statistics Estonia, in November 2021, Estonia’s rapid trade growth continued. Exports of goods increased by 30% and imports by 36% year on year. Growth was highest in trade with the European Union Member States and primarily with the neighbouring countries.

Retail trade turnover down by 2% in November

Kuupäev 30.12.2022
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  3. Retail trade turnover down by 2% in November
According to Statistics Estonia, in November, the turnover of retail trade enterprises was 939 million euros. Compared with November 2021, turnover decreased by 2% at constant prices.

The Estonian economy contracted by 1.3% last year

Kuupäev 01.03.2023
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  3. The Estonian economy contracted by 1.3% last year
According to the preliminary data of Statistics Estonia, in the fourth quarter of 2022, the gross domestic product (GDP), which shows how the Estonian economy is doing, declined by 4.1% compared with the same period of 2021. The GDP at current prices was 10 billion euros.

In November last year, trade continued to decline

Kuupäev 09.01.2020
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  3. In November last year, trade continued to decline
According to Statistics Estonia, in November 2019, compared to November 2018, the exports and imports of goods decreased by 10%. Trade declined in most commodity sections.

Decline in construction volumes continued in the first quarter

Kuupäev 27.05.2024
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  3. Decline in construction volumes continued in the first quarter
According to Statistics Estonia, in the first quarter of 2024, the total production value of construction enterprises in Estonia and abroad decreased by 13% compared with the same quarter a year earlier. On the domestic construction market, volume fell by 14%.

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.

Recession slowed down in the second quarter. Photo: Shutterstock

Kuupäev 31.08.2023
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  3. Recession slowed down in the second quarter. Photo: Shutterstock
According to Statistics Estonia, the gross domestic product (GDP) decreased by 2.9% in the second quarter of 2023 compared with the same quarter a year earlier. The GDP at current prices amounted to 9.4 billion euros.

Number of unemployed persons down in third quarter

Kuupäev 14.11.2025
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  3. Number of unemployed persons down in third quarter
“In the third quarter, overall labour market indicators improved compared with both the third quarter of last year and the second quarter of this year,” stated Tea Vassiljeva, analyst at Statistics Estonia. She added that there were a total of 54,200 unemployed persons in the third quarter, which is 5,000 fewer than in the second quarter and 2,100 fewer than in the third quarter of last year. The unemployment rate (7.1%), i.e. the share of the unemployed in the labour force, was 0.3 percentage points lower in the third quarter than in the same quarter last year (7.4%) and 0.7 percentage points

The turnover of retail trade enterprises increased last year

Kuupäev 30.01.2023
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  3. The turnover of retail trade enterprises increased last year
According to the preliminary data of Statistics Estonia, the total turnover of retail trade enterprises in 2022 was 10.5 billion euros. Compared with 2021, turnover increased by 2% at constant prices.

Retail trade turnover was higher than last year, but the growth rate slowed down

Kuupäev 30.03.2022
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  2. Retail trade turnover was higher than last year, but the growth rate slowed down
According to Statistics Estonia, in February, the turnover of retail trade enterprises was 683 million euros. Compared to February 2021, turnover increased by 4% at constant prices.

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