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Exports of goods of Estonian origin decreased in June

Article
According to Statistics Estonia, in June, Estonia’s exports of goods amounted to 1.6 billion and imports to 1.9 billion euros. Compared with June 2022, exports of goods decreased by 14% and imports by 13% at current prices. The trade deficit in June was 271 million euros, which is 33 million euros less than in the same month last year.

Foreign trade in services in surplus last year

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According to Statistics Estonia and Eesti Pank, in the fourth quarter of 2022, Estonia’s exports of services grew by 12% and imports by 25% at current prices compared with the fourth quarter in 2021. Services were sold to non-residents for a total of 3 billion and purchased for 2.2 billion euros. The balance of foreign trade in services was therefore in surplus by 765 million euros in the fourth quarter, which is 125 million euros less than in the same period a year earlier. In 2022 as a whole, exports of services grew by 31% and imports by 19%.

About us

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We serve as the reliable home of national data and give meaning and value to data. We help people understand the world better through data. Our new combined mission and vision statement above reflects Statistics Estonia’s main responsibilities: ensure the quality of data on the national level consistently provide relevant, reliable, and meaningful information. As the main data competence centre in Estonia, Statistics Estonia is also responsible for coordinating the system of classifications and for data governance in the country. Official statistics is in accordance with international

Estonia’s exports of services were boosted by trade with Finland

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According to Statistics Estonia and Eesti Pank, in the first quarter of 2022, Estonia’s exports of services grew by 22% while imports of services fell by 10% year on year. In the first quarter of this year, Estonia’s exports of services totalled 2 billion euros and imports of services 1.5 billion euros.

Reporting 3.0

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Project Reporting 3.0 for reducing administrative burden The project Reporting 3.0 developed from the Zero Bureaucracy initiative. It provides a solution for the automatic exchange of data required by the state, based on the principles of simplicity and minimum burden. Reporting 3.0 is a joint project of the Estonian Tax and Customs Board, Statistics Estonia and Eesti Pank. As of 2024, several other institutions have joined the project (such as the Centre of Registers and Information Systems, the Environmental Board etc.). The first stage is reducing enterprises’ burden in the submission of

Increased imports led to a higher trade deficit in April

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According to Statistics Estonia, in April 2022, Estonia’s exports of goods increased by 4% and imports by 31% compared to April 2021. Faster growth in imports contributed significantly to the increase of trade deficit, which reached 542 million euros in April.

SIMSTAT

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By 2025, all European Union (EU) Member States will have the opportunity to transition to SIMSTAT (SIngle Market STATistics) in the compilation of foreign trade statistics. This reduces the administrative burden of respondents, as only the questionnaire on the dispatches of goods will be used to collect data for producing statistics on EU Member States. The data on the arrivals of goods will be obtained from the dispatches data of other Member States. As a result of the transition to SIMSTAT, the Intrastat questionnaire will be updated at the beginning of 2022. What will change in the

Imports of goods increased in November

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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.

Number of people living in absolute poverty rose by two and a half times

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According to Statistics Estonia, 22.5% of Estonia’s population lived at risk of poverty and 3.5% in absolute poverty in 2022. Compared with 2021, the share of people living at risk of poverty decreased by 0.3 percentage points and the share of people living in absolute poverty increased by 2.1 percentage points.