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According to Statistics Estonia and Eesti Pank, in the fourth quarter of 2023, Estonia’s exports of services grew by 5% and imports by 7% compared with the same quarter of 2022. Sales of services to non-residents totalled 3.1 billion euros and purchases of services from non-residents amounted to 2.3 billion euros at current prices. Total exports of services increased by 9% and imports by 8% last year.

Foreign trade statistics cover exports and imports of goods and services between Estonia and partner countries. While international trade in goods is based on their physical movement across borders, trade in services focuses on transactions between residents and non-residents, regardless of their location.