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Foreign trade in services in surplus last year

Kuupäev 14.03.2023
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  3. Foreign trade in services in surplus last year
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%.

Retail trade volume up by 5% in June

Kuupäev 31.07.2025
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  3. Retail trade volume up by 5% in June
Johanna Linda Pihlak, analyst at Statistics Estonia, said that the rise in retail trade volume in June was influenced by stores selling manufactured goods and by enterprises engaged in the retail sale of automotive fuel – the turnover volume of each was up by 12% year on year. “However, the turnover volume of grocery stores continued to decline, falling by 4% compared with June last year,” Pihlak added. Among stores selling manufactured goods, the biggest increase at 22% was registered in the turnover volume of other specialised stores selling predominantly computers and their accessories

In June, the number of tourists increased by 2% year on year (corrected on 18.08.2025)

Kuupäev 08.08.2025
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  3. In June, the number of tourists increased by 2% year on year (corrected on 18.08.2025)
The corrections are marked in red. “In June, 214,600 foreign and 176,000 domestic tourists were accommodated in Estonia. As in June last year, we had more foreign tourists (55%) than domestic tourists (45%),” said Helga Laurmaa, leading analyst at Statistics Estonia. In 2025, the number of foreign tourists has increased in most months. “Compared with June last year, there were now 5% more foreign tourists staying in accommodation establishments, but their numbers have not yet fully recovered from the pandemic slump,” the analyst noted. “There were 2% fewer domestic tourists in accommodation

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.

The dwelling price index in Q3 down by 0.5% from Q2

Kuupäev 20.12.2024
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  3. The dwelling price index in Q3 down by 0.5% from Q2
Märt Umbleja, leading analyst at Statistics Estonia, pointed out that the last time the dwelling price index fell compared with the previous quarter was in the third quarter of 2023. “Compared with the second quarter of 2024, the prices of apartments decreased by 1% in areas bordering Tallinn and in Tartu and Pärnu cities, and by 7.7% in the rest of Estonia. In Tallinn, apartment prices continued to rise, increasing by 0.9% from the previous quarter,” Umbleja noted. Compared with the third quarter of 2023, apartment prices went up by 5.8% and the prices of houses by 8.1%. The monetary volume

Exports of services up by 8% in the third quarter

Kuupäev 10.12.2024
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  3. Exports of services up by 8% in the third quarter
Jane Leppmets, a foreign trade analyst at Statistics Estonia, noted that growth in foreign trade in services was most affected by travel services and other business services. “In the third quarter, exports of services to EU countries increased by 8% and imports from EU countries by 4%. Extra-EU exports of services were also up by 8%, however, extra-EU imports were down by 4%. The latter was mainly affected by a decline in purchases of services from the United States,” Leppmets pointed out. The most exported services in the third quarter were other business services (incl. other business

Then and now: People in Estonia are getting married at later and later ages

Kuupäev 03.09.2024
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  3. Then and now: People in Estonia are getting married at later and later ages
In 1993, the share of under-30s among all people getting married was between 60% and 70%, whereas in 2023, only 24% of the newly married men and 34% of women were under 30 years old, according to data from Statistics Estonia.

Retail trade volume up by 2% in March

Kuupäev 29.04.2025
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  3. Retail trade volume up by 2% in March
Johanna Linda Pihlak, analyst at Statistics Estonia, said that the rise in the volume of retail trade turnover in March was driven by enterprises engaged in the retail sale of automotive fuel and by stores selling manufactured goods. “On the other hand, the decline in the turnover volume of grocery stores accelerated in March, as the turnover volume of these stores was down by 7% year on year,” added Pihlak. The volume of turnover in enterprises engaged in the retail sale of automotive fuel increased by 15% compared with March 2024. “The increase in the turnover volume of these enterprises was

Volume of industrial production decreased by 4% in 2024

Kuupäev 06.02.2025
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  3. Volume of industrial production decreased by 4% in 2024
Helle Bunder, leading analyst at Statistics Estonia, said that the volume of production in manufacturing decreased in 2024 as a whole but there were signs of improvement at the end of the year. “Manufacturing output started to grow in October and November but fell a little in December,” explained Bunder. Last year, production volume declined in two thirds of the 23 manufacturing activities. Looking at the larger industries, there was an increase in output in the manufacture of food products (5.1%), rubber and plastic products (0.7%) and other transport equipment (11.3%), and also in the repair

The producer price index rose by 0.2% in October year on year

Kuupäev 20.11.2024
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  3. The producer price index rose by 0.2% in October year on year
Eveli Šokman, team lead of producer price statistics at Statistics Estonia, said that producer prices in manufacturing as a whole increased for the second month in a row – by 0.7% in October and by 0.8% in September. “Compared with October 2023, the producer price index was most affected by higher prices in the manufacture of wood and wood products, in the repair of machinery and equipment, and in the manufacture of electronic equipment. Falling prices in the manufacture of fuel oils and in electricity and heat energy production had the opposite effect on the index. Producer prices in the

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