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In July machinery and equipment made up nearly a third of Estonia’s trade

Date 09.09.2011
Article
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  3. In July machinery and equipment made up nearly a third of Estonia’s trade
According to Statistics Estonia, in July 2011, exports from Estonia amounted to 933 million euros and imports to Estonia to 1 billion euros at current prices. In July 2011, the share of machinery and equipment comprised 32% of Estonia’s total exports and 31% of imports.

Sector accounts

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Vigorous exports in manufacturing contributed to the economic growth in the 3rd quarter

Date 09.12.2010
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  3. Vigorous exports in manufacturing contributed to the economic growth in the 3rd quarter
According to the first estimates of Statistics Estonia, the gross domestic product (GDP) of Estonia increased by 5.0% in the 3rd quarter of 2010 compared to the same period of the previous year.

Number of economic units up last year

Date 23.05.2018
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  3. Number of economic units up last year
In 2017, there were approximately 158,000 economically active units. 3,000 units were added, which is as many as in 2016. Considering legal form, the picture looks different – growth in the number of companies picked up and the number of non-profit associations decreased for the first time.

Business demography

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Employment indicators of the immigrant population

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In November exports declined

Date 10.01.2014
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  3. In November exports declined
According to Statistics Estonia, in November 2013, exports of goods decreased by 9% and imports remained at the same level at current prices, compared to November 2012. Compared to October 2013, exports declined by 4%.

Unemployment decreased and employment increased in 2014

Date 13.02.2015
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  3. Unemployment decreased and employment increased in 2014
According to Statistics Estonia, the unemployment rate was 7.4% and the employment rate was 63% in 2014. Unemployment has decreased and employment has increased since 2011, but these changes have gradually slowed down.

Construction volume increased by more than a fourth in the previous year

Date 29.02.2012
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  3. Construction volume increased by more than a fourth in the previous year
According to the preliminary data of Statistics Estonia, in 2011 the total production of Estonian construction enterprises in Estonia and in foreign countries amounted to 1.7 billion euros, which is 27% more than the year before. Construction volumes, which had started to decline in 2008, took an upturn in 2011.

The growth in business sector is slowing down

Date 05.09.2011
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  3. The growth in business sector is slowing down
According to Statistics Estonia, in the 2nd quarter of 2011, the net sales, costs and total profit of the business sector increased compared to the previous quarter as well as to the same quarter of the previous year. At the same time the continually improving comparison basis turns the growth rate slower.

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