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Article

Re-exports significantly increased trade in July

Kuupäev 09.09.2022
Article
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  2. Re-exports significantly increased trade in July
According to Statistics Estonia, in July 2022, Estonia’s exports of goods increased by 13% and imports by 22% compared with July 2021. Re-exports from Estonia grew by 43%; exports of domestic goods remained at the same level year on year.

Exports to Latvia, the Netherlands and the USA fell the most in October

Kuupäev 11.12.2023
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  3. Exports to Latvia, the Netherlands and the USA fell the most in October
According to Statistics Estonia, in October, Estonia’s exports of goods amounted to 1.5 billion and imports to 1.8 billion euros. Compared with October 2022, exports of goods decreased by 21% and imports by 17% at current prices. The trade deficit in October was 307 million euros, which is 24 million euros more than a year earlier.

Exports of services at a record high in the second quarter

Kuupäev 12.09.2023
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  3. Exports of services at a record high in the second quarter
According to Statistics Estonia and Eesti Pank, in the second quarter of 2023, Estonia’s exports of services grew by 8% and imports by 2% at current prices compared with the same quarter of 2022. Sales of services to non-residents totalled 2.9 billion euros and purchases of services from non-residents amounted to 2.2 billion euros.

Mineral fuels impacted the decline in exports in January

Kuupäev 13.03.2023
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  3. Mineral fuels impacted the decline in exports in January
According to Statistics Estonia, in January 2023, exports and imports of goods at current prices decreased by 9% and 1% respectively, compared with the same month in 2022. Estonia’s exports of goods amounted to 1.5 billion and imports to 1.8 billion euros at current prices. The trade deficit was 272 million euros, up by 127 million euros from a year earlier.

Industrial production and sales for export decreased

Kuupäev 03.01.2020
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  3. Industrial production and sales for export decreased
According to Statistics Estonia, in November 2019, the production of industrial enterprises decreased by 7% compared to November 2018. Production decreased in manufacturing as well as in energy and mining.

Both exports and imports of services increased in the first quarter

Kuupäev 13.06.2023
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  3. Both exports and imports of services increased in the first quarter
According to Statistics Estonia and Eesti Pank, in the first quarter of 2023, Estonia’s exports of services grew by 15% and imports by 11% at current prices compared with the first quarter of 2022.

In September, export turnover was the highest of the year

Kuupäev 09.11.2020
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  2. In September, export turnover was the highest of the year
According to Statistics Estonia, in September 2020, compared to September 2019, the exports of goods increased by 11% and imports decreased by 4%. Compared to the third quarter of 2019, exports grew by 1% and imports declined by 5%.

Exports of services continued to grow in the second quarter

Kuupäev 12.09.2022
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  2. Exports of services continued to grow in the second quarter
According to Statistics Estonia and Eesti Pank, in the second quarter of 2022, Estonia’s exports of services grew by 32% while imports of services fell by 5% year on year. In the second quarter of this year, Estonia’s exports of services totalled 2.5 billion euros and imports of services 1.8 billion euros.

Estonia’s exports of services greatly exceeded imports of services

Kuupäev 14.03.2022
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  2. Estonia’s exports of services greatly exceeded imports of services
According to Statistics Estonia and Eesti Pank, in the fourth quarter of 2021, Estonia’s exports of services grew by 79% while imports of services fell by 23% year on year. In 2021 as a whole, exports of services grew by 47% and imports by 28% compared to 2020.

Exports and imports reached a record high in March

Kuupäev 10.05.2022
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  2. Exports and imports reached a record high in March
According to Statistics Estonia, in March 2022, Estonia’s exports of goods increased by 35% and imports by 31% compared to March 2021. Compared to the first quarter of last year, exports grew by 30% and imports by 34%. In March and in the first quarter as a whole, trade was primarily boosted by the increased exports and imports of mineral fuels and electricity.

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