According to Statistics Estonia and Eesti Pank, in the second quarter, Estonia’s exports of services grew by 46% and imports of services by 125% year on year. Exports and imports of services amounted to 1.8 billion euros. Foreign trade in services was affected the most by growth in telecommunications, computer and information services, and transport services.
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 the second quarter of 2022, Estonian residents travelled much more than in the second quarter of last year: the number of domestic trips grew by 45% and the number of outbound trips by 319%, that is, over three times.
According to Statistics Estonia, in 2016, the number of international traffic passengers served by Estonian ports increased by 4%, but the freight volume of ports in tonnes decreased by 4% compared to the previous year.
According to Statistics Estonia, in March, the consumer price index increased by 0.7% compared with February and by 15.3% compared with March 2022. Goods were 14.4% and services 17.2% more expensive than in March last year.
The results of Statistics Estonia's Tourism Survey of 2022 show that Estonian residents made over a million outbound overnight trips last year, which is 90% more than in 2021. The number of overnight domestic trips was nearly 2.6 million – 16% more than the year before. In 2022, the expenditures on outbound trips amounted to over 1 billion euros and the expenditures on domestic trips to more than 178 million euros.
According to Statistics Estonia, in July, the consumer price index decreased by 0.6% compared with June 2023 and increased by 6.4% compared with July 2022. Goods were 8.1% and services 3.1% more expensive than in July last year.
According to Statistics Estonia, in May, the consumer price index increased by 1.9% compared to April, and by 20.0% compared to May 2021. Goods were 15.7% and services 28.8% more expensive than in May last year.