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Jane Leppmets, foreign trade analyst at Statistics Estonia, said that, last year, the surplus of foreign trade in services was 600 to 900 million euros each quarter, while in the second quarter this year the surplus of foreign trade in services was over one billion euros for the first time. “The main contributor to this surplus was telecommunications, computer and information services, where exports were 416 million euros higher than imports. About 20% of these services were supplied to the USA and nearly 15% to the United Kingdom. The surplus in foreign trade in services was also boosted by

Robert Müürsepp, the National Accounts Service Manager at Statistics Estonia, said that 2025 was a better year for the Estonian economy than the previous two years. “The GDP showed growth in the last three quarters, and the annual GDP growth was 0.6%,” he added. Manufacturing was the biggest contributor to economic growth in Q4 Similarly to the third quarter, the contribution of most economic activities to the GDP remained modest. Manufacturing was the biggest positive contributor, as its value added increased by 13.3%. Information and communication also had a significant impact – its value

Robert Müürsepp, the National Accounts Service Manager at Statistics Estonia, said that GDP growth was last over 2% in the first quarter of 2022. “GDP increased for the fourth quarter in a row,” he said. “In the case of most economic activities, their contribution to GDP in the first quarter was positive, although mostly modest,” added Müürsepp. He said that, for the third consecutive quarter, manufacturing was the biggest driver of economic growth as its value added was up by 7%. Administrative and support service activities also had a significant impact with a 11.6% increase in value added

The Community Innovation Survey is conducted in European countries every two years, with the most recent survey covering the reference period 2022–2024. Innovation means the introduction of new or significantly improved products or services or the implementation of improved business processes. A product or process innovation could mean the introduction of new technical solutions, the innovative combination of existing and already used technologies, or the application of knowledge available within the enterprise. Hanno Evard, analyst at Statistics Estonia, said that innovative enterprises play

The trade deficit was 224 million euros, which is 63 million euros less than in May 2025. Jane Leppmets, foreign trade statistics analyst at Statistics Estonia, said that intra-EU exports of goods were up by 13% and intra-EU imports grew by 9%. “There was a decline in extra-EU trade with exports decreasing by 3% and imports by 16%. The fall in extra-EU imports of goods was influenced by the high reference base of May last year, which was due to large-scale transactions in the defence sector in May a year ago,” explained Leppmets. Goods of Estonian origin represented 62% of total exports Re

In August, the confidence indicator was still the highest in trade (+15.7) where enterprises saw an improvement in their sales in the last three months and also expected increased sales in the next three months, along with an improved assessment of the volume of stock. At the same time, there was an increase in the share of enterprises who expected a fall in their number of employees in the next three months (-7 percentage points in July, -18.3 percentage points in August). The confidence indicator was +7.4 for the services sector and +3.6 for the industry sector. The construction sector again

Evelin Puura, the Foreign Trade Statistics Service Manager at Statistics Estonia, said that intra-EU trade increased in January, with exports up by 11% and imports by 2% year on year. “On the other hand, in trade with non-EU countries, exports of goods fell by 16% and imports by 20%. The main reason was that there were larger exports of fuels to Singapore in January last year and also a large one-off transaction with Turkey in import trade,” added Puura. Exports of precious metals grew the most in January The main commodities exported in January were electrical equipment (14% of Estonia’s

In March, the trade deficit was 234 million euros, which is 34 million euros less than in the same month last year. Jane Leppmets, foreign trade statistics analyst at Statistics Estonia, said that, in the first quarter, exports of goods increased by 4% and imports by 3% compared with the first quarter of 2025. “The increased exports in the first quarter resulted mainly from the 11% rise in re-exports, while the exports of goods of Estonian origin were unchanged year on year. Re-exports – that is, the exports of previously imported goods – were boosted the most by the increased exports of

The business and consumer surveys reflect economic confidence in four business sectors and among consumers. A confidence indicator* is calculated for each sector based on the survey responses. These indicators are used for economic forecasting and international comparisons, among other things. The results of the May survey show that the confidence indicator was the highest in the trade sector (+14). The confidence indicator was -0.1 for the services sector and -0.9 for the industry sector. The construction sector had the lowest confidence indicator (-17.1), with insufficient demand cited as

Jane Leppmets, foreign trade statistics analyst at Statistics Estonia, said that, in August, imports were boosted the most by the increased arrivals of mineral products. “Year on year, imports of mineral products grew by 30% overall, whereas imports of automotive fuel grew by as much as 67%. This was mainly influenced by the rising prices of petroleum on the global market,” added Leppmets. Finland was the top partner country in exports The main commodities exported in August were electrical equipment (15% of Estonia’s total exports), agricultural products and food preparations (11%), transport