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Increased imports led to a higher trade deficit in February

Kuupäev 11.04.2022
Article
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.

Highest ever value of imports recorded in June

Kuupäev 10.08.2021
Article
According to Statistics Estonia, in June, exports of goods increased by 26% and imports by 45% year on year. In the second quarter as a whole, exports grew by 41% and imports by 49% year on year.

In September, the share of trade with European Union countries increased

Kuupäev 09.11.2022
Article
According to Statistics Estonia, in September 2022, Estonia’s exports of goods increased by 14% and imports by 19% at current prices compared with September 2021. In the third quarter, exports were up by 16% and imports by 22%. Trade was mainly boosted by the increased exports and imports of mineral products as well as by rising prices in general.

Consumer price index fell in July

Kuupäev 07.08.2023
Article
According to Statistics Estonia, in July, the consumer price index decreased by 0.6% compared with June 2023 and increased by 6.4% compared with July 2022. Goods were 8.1% and services 3.1% more expensive than in July last year.

Internal trade

Area
Considering the turnover, internal trade is the largest economic activity in Estonia. It covers wholesale and retail trade as well as repair of motor vehicles and motorcycles. Internal trade is closely connected with other activities – goods that people buy in shops or on the internet come from factories, craftsmen and farmers. The goods are carried by transport enterprises. Consumption of products made in Estonia supports local business, and also means that the goods are delivered to consumers in the most cost-effective way. Statistics Estonia publishes the following data for trade

Trade grew by over 40% in August year on year

Kuupäev 11.10.2021
Article
According to Statistics Estonia, in August, exports of goods increased by 46% and imports by 40% year on year. Trade growth was significantly influenced by the increase in the exports and imports of mineral fuels and wood and articles of wood.