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Classification of goods by textual description: an applied study

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  2. Classification of goods by textual description: an applied study
All countries involved in foreign trade are likely to feel the need for automatic classification of goods as there are numerous commodities, different goods have different tax rates and countries are interested in the structure of trade. Is it possible to automate the assignment of commodity codes using the text of the commodity description, and if so, to what degree of accuracy?

Why does Statistics Estonia ask my enterprise to provide data?

Kuupäev 12.06.2024
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  3. Why does Statistics Estonia ask my enterprise to provide data?
Statistics Estonia collects data about economic and social indicators to give a detailed overview of economic trends and life in Estonia. This year, Statistics Estonia will carry out over one hundred surveys involving more than 26,000 enterprises in total. Is there no other way to get these data?

Foreign trade in goods showed signs of picking up in April

Kuupäev 10.06.2024
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  3. Foreign trade in goods showed signs of picking up in April
According to Statistics Estonia, in April 2024, exports of goods increased by 3% and imports by 6% compared with April 2023. Exports of goods amounted to more than €1.5 billion and imports to over €1.8 billion at current prices. The trade deficit was €305 million, which is €65 million more than in April last year.

Higher prices of wood products had the biggest impact on the producer price index in March

Kuupäev 21.04.2025
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  3. Higher prices of wood products had the biggest impact on the producer price index in March
Eveli Šokman, team lead of producer price statistics at Statistics Estonia, said that, compared with March 2024, the producer price index was most affected by price increases in the manufacture of wood and wood products, in electricity production, and in the manufacture of food products. “Falling prices in the manufacture of fuel oils, paper and paper products, and furniture had the opposite effect on the index. Producer prices increased by 1.9% in manufacturing as a whole and by 2.7% in the manufacture of food products,” Šokman added. Compared with February, the producer price index in March

What influences youth towards entrepreneurship?

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  2. What influences youth towards entrepreneurship?
Today's young entrepreneurs may well shape our future economic prosperity. But who are Estonia's young entrepreneurs and what are the factors influencing youth towards entrepreneurship?

Relationship survey: safe relationships within family, at work and outside work

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  4. Relationship survey: safe relationships within family, at work and outside work

Higher prices of manufacture of wood and wood products had the biggest impact on the producer price index in May

Kuupäev 20.06.2025
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  3. Higher prices of manufacture of wood and wood products had the biggest impact on the producer price index in May
In comparison with May 2024, the producer price index in this year’s May was most affected by price increases in the manufacture of wood and wood products and in the manufacture of food products. Falling prices in the manufacture of fuel oils and in electricity production had the opposite effect on the index. Producer prices increased by 1.1% in manufacturing as a whole and by 4.4% in the manufacture of food products. “Looking at a longer period, i.e. in comparison with May 2023, prices in manufacturing as a whole rose by 0.4%, increasing by 1.5% in the manufacture of food products and by 1.4%

Exports and imports of goods down in May

Kuupäev 10.07.2024
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  3. Exports and imports of goods down in May
According to Statistics Estonia, in May 2024, Estonia’s exports of goods decreased by 6% and imports by 13% compared with May 2023. Exports of goods amounted to nearly €1.6 billion and imports to almost €1.7 billion at current prices. The trade deficit was €144 million, which is €170 million less than in May last year.

In January, the producer price index remained at the same level year on year

Kuupäev 28.02.2025
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  3. In January, the producer price index remained at the same level year on year
Eveli Šokman, team lead of producer price statistics at Statistics Estonia, noted that, compared with January 2024, the producer price index was most affected by price increases in the manufacture of wood and wood products, repair of machinery and equipment, and mining and quarrying. ”Falling prices in electricity and heat energy production and in the manufacture of paper and paper products and fabricated metal products had the opposite effect on the index. Producer prices increased by 2.4% in manufacturing as a whole and by 0.8% in the manufacture of food products,” Šokman added. Compared

Trade in goods with EU countries decreased the most in March

Kuupäev 10.05.2024
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  3. Trade in goods with EU countries decreased the most in March
According to Statistics Estonia, in March 2024, exports of goods decreased by 16% and imports by 15% compared with March 2023. Exports of goods amounted to about 1.5 billion and imports to 1.7 billion euros at current prices. The trade deficit was 216 million euros, which is 14 million euros less than in March last year.

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