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The rise in services exports slowed down in the third quarter

Kuupäev 12.12.2023
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  3. The rise in services exports slowed down in the third quarter
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.

Main changes in Intrastat 2024

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  2. Main changes in Intrastat 2024
Statistical thresholds In 2024, the statistical threshold for the dispatches of goods is 350,000 euros (last year, it was 270,000 euros). It means that, in 2024, Intrastat data have to be submitted by those enterprises whose turnover of goods dispatched to European Union countries exceeded 350,000 euros in 2023. If enterprises exceed the statistical threshold in 2024, they will also have to submit Intrastat data. The statistical threshold for the arrivals of goods is 700,000 euros (last year, it was 400,000 euros). With the large increase in the statistical threshold for arrivals, we have

Main changes in Intrastat 2023

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  4. Main changes in Intrastat 2023
Statistical thresholds In 2023, the statistical threshold for the dispatches of goods is 270,000 euros (last year, it was 200,000 euros). It means that, in 2023, Intrastat data have to be submitted by those enterprises whose turnover of goods dispatched to European Union countries exceeded 270,000 euros in 2022. If enterprises exceed the statistical threshold in 2023, they will also have to submit Intrastat data. The statistical threshold for the arrivals of goods is 400,000 euros (the same as last year). Taxable person or non-taxable legal person identified by individual identification number

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

Kuupäev 09.04.2024
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  3. The decline in foreign trade in goods in February was mainly due to mineral fuels
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.

Share of environmental goods and services sector in GDP up by a quarter in eight years

Kuupäev 01.11.2024
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  3. Share of environmental goods and services sector in GDP up by a quarter in eight years
Kaia Oras, a leading expert at Statistics Estonia, explained that the growth in demand for environmental goods and services has been due to both increased awareness of environmental problems as well as higher environmental and energy saving requirements, especially in construction. “The rapid growth in energy-efficient new construction and reconstruction of buildings has a huge impact. Together, these generated €1.5 billion in output,” Oras added. Among the energy produced from renewables, electricity and heat production from renewable energy sources accounted for €482.2 million and the

Farm Structure Survey 2023

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What kind of survey is it? The aim of the Farm Structure Survey is to provide comparable data on all agricultural holdings across the European Union (EU). Agriculture produces almost 100% of food, covers around 40% of the European Union’s territory, and takes up about 40% of the EU budget. The EU’s Common Agricultural Policy (CAP) is the only policy the implementation of which is almost entirely financed by EU funds, and it must be based on specific input. Farm structure surveys have been conducted in the EU since the 1960s – every 10 years as an agricultural census and in the intervening

Mineral fuels impacted the decline in exports in January

Kuupäev 13.03.2023
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  3. Mineral fuels impacted the decline in exports in January
According to Statistics Estonia, in January 2023, exports and imports of goods at current prices decreased by 9% and 1% respectively, compared with the same month in 2022. Estonia’s exports of goods amounted to 1.5 billion and imports to 1.8 billion euros at current prices. The trade deficit was 272 million euros, up by 127 million euros from a year earlier.

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

Kuupäev 10.09.2024
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  3. Telecommunications, computer and information services had the biggest trade surplus in the second quarter
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.

GDP flash estimate: economy contracted by 3% in Q4

Kuupäev 31.01.2024
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  3. GDP flash estimate: economy contracted by 3% in Q4
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.

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