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Exports of goods to Finland decreased the most in January

Kuupäev 11.03.2024

Article

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.

Exports of services reached a record high in the fourth quarter

Kuupäev 12.03.2024

Article

According to Statistics Estonia and Eesti Pank, in the fourth quarter of 2023, Estonia’s exports of services grew by 5% and imports by 7% compared with the same quarter of 2022. Sales of services to non-residents totalled 3.1 billion euros and purchases of services from non-residents amounted to 2.3 billion euros at current prices. Total exports of services increased by 9% and imports by 8% last year.

The decline in foreign trade in goods in February was mainly due to mineral fuels

Kuupäev 09.04.2024

Article

According to Statistics Estonia, in February 2024, exports of goods decreased by 15% and imports by 10% compared with February 2023. Exports of goods amounted to about 1.3 billion and imports to 1.5 billion euros at current prices. The trade deficit was 202 million euros, which is 67 million euros more than in February last year.

Telecommunications, computer and information services had the biggest trade surplus in the second quarter

Kuupäev 10.09.2024

Article

According to Statistics Estonia and Eesti Pank, in the second quarter of 2024, Estonia’s exports and imports of services both grew by 3%. Exports of services totalled 3.1 billion euros and imports of services 2.3 billion euros at current prices. The balance of foreign trade in services was in surplus by 802 million euros, which is 39 million euros more than in the second quarter last year.

The rise in services exports slowed down in the third quarter

Kuupäev 12.12.2023

Article

According to Statistics Estonia and Eesti Pank, in the third quarter of 2023, Estonia’s exports of services grew by 1% and imports by 3% at current prices compared with the same quarter of 2022. Sales of services to non-residents totalled 2.8 billion euros and purchases of services from non-residents amounted to 2.2 billion euros. The balance of foreign trade in services was in surplus by 557 million euros.

Official statistics and European statistics

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What is official statistics? Official statistics are public information that reflect the social situation and changes in the society. Official statistics are produced on the basis of the Official Statistics Act and in accordance with the principles and quality criteria laid down in Regulation (EC) No 223/2009 of the European Parliament and of the Council. The production of official statistics is guided by the needs of the society or the European Union statistical programme. The statistics are produced under the official statistical programme or as contract work outside the programme. Official

GDP flash estimate: economy contracted by 3% in Q4

Kuupäev 31.01.2024

Article

According to Statistics Estonia's preliminary estimate, gross domestic product (GDP) continued to decline in the fourth quarter of 2023. GDP fell by approximately 3% compared with the fourth quarter of 2022.

Growth in foreign trade in services slowed down in the first quarter

Kuupäev 11.06.2024

Article

According to Statistics Estonia and Eesti Pank, in the first quarter of 2024, Estonia’s exports of services grew by 2%, while imports were unchanged from the same period last year. Sales of services to non-residents totalled €2.8 billion and purchases of services from non-residents amounted to €2.2 billion at current prices. The balance of foreign trade in services was in surplus by €595 million, which is €45 million more than a year earlier.

Foreign trade decreased significantly in 2023

Kuupäev 09.02.2024

Article

According to Statistics Estonia, exports of goods in 2023 decreased by 16% and imports by 17% compared with the year before. Exports of goods amounted to 18 billion and imports to 21 billion euros at current prices. The trade deficit was 3 million euros, which is 695 million euros lower than in 2022.