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Article

Decline in the economy continued in the 2nd quarter

Date 12.08.2009
Article
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  3. Decline in the economy continued in the 2nd quarter
According to Statistics Estonia, by flash estimates, the gross domestic product (GDP) of Estonia decreased by 16.6% in Estonia in the 2nd quarter of 2009 compared to the same quarter in the previous year.

Exports of services at a record high in the second quarter

Date 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.

Decrease in industrial production was mainly affected by energy and mining

Date 31.01.2020
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  3. Decrease in industrial production was mainly affected by energy and mining
According to Statistics Estonia, in 2019, the production of industrial enterprises decreased by 2% compared to the previous year. Production increased only in manufacturing, by 2%.

Introduction of renewable sources of energy has reduced the share of oil shale in electricity production

Date 07.06.2013
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  3. Introduction of renewable sources of energy has reduced the share of oil shale in electricity production
According to Statistics Estonia, in 2012 the production of electricity totalled nearly 12 TWh, which is 7% less than in 2011. The electricity production from renewable sources has increased by about a fourth.

In 2025, exports of goods increased by 7% and imports by 8%

Date 09.02.2026
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  3. In 2025, exports of goods increased by 7% and imports by 8%
Jane Leppmets, analyst at Statistics Estonia, said that foreign trade in goods grew in each quarter of 2025. “Exports and imports showed the biggest growth in the first quarter, when they were up by 14% and 15%, respectively. The rate of growth was more moderate in the following quarters but still remained at 3% to 8% for exports and at 6% for imports,” she added. Exports of goods of Estonian origin grew by 4% last year The main commodities exported in 2025 were electrical equipment (15% of Estonia’s total exports), agricultural products and food preparations (13%) and wood and articles of

Foreign trade increased slightly in October, exports of goods of Estonian origin decreased

Date 10.12.2025
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  3. Foreign trade increased slightly in October, exports of goods of Estonian origin decreased
In October, the trade deficit was 323 million euros, which is 8 million euros less than in October last year. Jane Leppmets, foreign trade analyst at Statistics Estonia, said that the share of goods of Estonian origin in total exports fell by five percentage points year on year and was 61% in October this year. “Exports of goods of Estonian origin in October were down by 3% from October last year. Re-exports of goods, i.e. the exports of previously imported goods, grew by 19% year on year. This growth resulted mainly from the increased re-exports of mineral products, including natural gas, and

Exports of goods to Finland decreased the most in January

Date 11.03.2024
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  3. Exports of goods to Finland decreased the most in January
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.

The decline on the construction market has slowed down

Date 28.08.2009
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  3. The decline on the construction market has slowed down
According to Statistics Estonia, in the 2nd quarter of 2009 compared to the same period of the previous year, the total production of Estonian construction enterprises decreased 28%. In the 1st quarter of the present year the production was 31% smaller than a year ago.

The growth in construction volumes continues

Date 29.11.2012
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  3. The growth in construction volumes continues
According to Statistics Estonia, in the 3rd quarter of 2012 compared to the same quarter of the previous year, the total production of Estonian construction enterprises grew 15%.

Construction grew about a third in the 2nd quarter

Date 29.08.2012
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  3. Construction grew about a third in the 2nd quarter
According to Statistics Estonia, in the 2nd quarter of 2012 compared to the same quarter of the previous year, the total production of Estonian construction enterprises in Estonia and foreign countries grew 30%, while the growth on the domestic market was 31%.

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