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Johanna Linda Pihlak, analyst at Statistics Estonia, said that while turnover volume fell by 4% in September year on year, the decline was slightly slower in October. “The fall in the volume of retail trade turnover in October was mainly due to grocery stores, as their turnover volume decreased by 4% year on year. However, the turnover volume of stores selling manufactured goods, which had been in decline for over two years, started to rise again in October and was up by 3% year on year,” noted Pihlak. Among stores selling manufactured goods, the biggest increase at 18% was registered in the

According to Statistics Estonia and Eesti Pank, in the first quarter of 2021, the exports of services grew by 2% and imports of services by 51% year on year. Estonian economic entities exported and imported services for 1.6 billion euros. The imports of services increased mainly on account of growth in telecommunications, computer and information services.

In 2023, Estonia’s exports of goods amounted to €18.2 billion and imports to €21.2 billion at current prices. Exports decreased by 16% and imports by 17% compared with 2022. The trade deficit reached €3 billion. Jane Leppmets, an analyst at Statistics Estonia, writes on 2023 trends in foreign trade of goods.

According to Statistics Estonia, in January 2024, exports of goods decreased by 11% and imports by 13% compared with January 2023. Exports of goods amounted to about 1.4 billion and imports to 1.5 billion euros at current prices. The trade deficit was 122 million euros, which is 60 million euros less than in January last year.

According to Statistics Estonia, in November 2022, Estonia’s exports of goods at current prices remained at the same level and imports increased by 12% compared with November 2021.

According to Statistics Estonia, in July 2018, the exports of goods increased by 27% and imports by 18% compared to July 2017. The growth in trade was affected the most by a significant increase in trade in mineral products (fuel additives, shale oil, motor spirit and heavy fuel oils). Mineral products trade increased in both quantity and value, exports tripled and imports doubled.