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

Date 10.01.2022
Article
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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.

Positive trends in foreign trade continued in February

Date 09.04.2021
Article
  1. Home
  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.

In October, food had the greatest impact on the consumer price index

Date 07.11.2019
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  3. In October, food had the greatest impact on the consumer price index
According to Statistics Estonia, the change of the consumer price index in October 2019 was –0.1% compared to September 2019 and 1.6% compared to October of the previous year.

Increased imports led to a higher trade deficit in February

Date 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.

Entrepreneurs’ profit decreased by a fourth in the previous year

Date 09.03.2009
Article
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  2. News
  3. Entrepreneurs’ profit decreased by a fourth in the previous year
According to preliminary data of Statistics Estonia, in 2008 the total profit of enterprises’ sector was 39 billion kroons, which is by a fourth less than in the previous year.

Trade in goods down in August, most notably with EU countries

Date 10.10.2024
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  3. Trade in goods down in August, most notably with EU countries
Evelin Puura, the foreign trade statistics team lead at Statistics Estonia, said that trade in August was affected by the continued decline in exports and imports in trade with European Union (EU) countries. “Compared with August 2023, exports to EU countries decreased by 3% and imports from EU countries by 8%. At the same time, extra-EU exports were up by 6%,” noted Puura. The main commodities exported in August were electrical equipment (16% of Estonia’s total exports), agricultural products and food preparations (11%), and wood and articles of wood (11%). Year on year, the biggest decrease

In July, the consumer price index was influenced the most by housing- and food-related price increases

Date 05.08.2022
Article
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  2. In July, the consumer price index was influenced the most by housing- and food-related price increases
According to Statistics Estonia, in July, the consumer price index increased by 1.9% compared to June, and by 22.8% compared to July 2021. Goods were 17.7% and services 33.1% more expensive than in July last year.

The economy grew in the 1st quarter

Date 09.06.2015
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  3. The economy grew in the 1st quarter
According to the second estimates of Statistics Estonia, the gross domestic product (GDP) of Estonia increased 1.1% in the 1st quarter of 2015 compared to the 1st quarter of the previous year.

In September, the annual change of the consumer price index was influenced the most by alcoholic beverages and tobacco

Date 07.10.2016
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  3. In September, the annual change of the consumer price index was influenced the most by alcoholic beverages and tobacco
According to Statistics Estonia, the change of the consumer price index in September 2016 was 0.2% compared to August 2016 and 1.0% compared to September of the previous year.

Economic growth accelerated in the 1st quarter

Date 09.06.2011
Article
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  2. News
  3. Economic growth accelerated in the 1st quarter
According to the second estimates of Statistics Estonia, the gross domestic product (GDP) of Estonia increased by 8.5% in the 1st quarter of 2011 compared to the same quarter in the previous year. The GDP growth has gradually accelerated since the 2nd quarter of the previous year.

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