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According to Statistics Estonia, in June 2020, the production of industrial enterprises decreased by 6% compared to June 2019. Production decreased in manufacturing and mining, while energy production increased owing to last year’s low comparison basis.
The turnover of the business sector increased in the 3rd quarter
Date 28.11.2019
Article
According to Statistics Estonia, in the 3rd quarter of 2019, enterprises sold goods and services for 16.4 billion euros, which was 5% more than in the same period the year before.
Increased imports led to a higher trade deficit in April
Date 09.06.2022
Article
According to Statistics Estonia, in April 2022, Estonia’s exports of goods increased by 4% and imports by 31% compared to April 2021. Faster growth in imports contributed significantly to the increase of trade deficit, which reached 542 million euros in April.
Exports of services up by 8% in the third quarter
Date 10.12.2024
Article
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
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According to Statistics Estonia and Eesti Pank, in the third quarter of 2022, Estonia’s exports of services grew by 32% and imports by 33% year on year. Estonia’s exports of services totalled 2.8 billion euros and imports of services 2.2 billion euros. The balance of foreign trade in services was in surplus by 568 million euros, which is 129 million euros more than in the same quarter last year.
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The trade deficit was almost two times smaller in November
Date 09.01.2024
Article
According to Statistics Estonia, in November 2023, Estonia’s exports of goods amounted to 1.5 billion and imports to 1.7 billion euros. Compared with November 2022, exports of goods decreased by 12% and imports by 19% at current prices. The trade deficit in November was 200 million euros, which is 198 million euros less than a year earlier.
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According to Statistics Estonia, 37,000 tourists stayed in Estonian accommodation establishments in May 2020. Their total number of nights spent was 83,000. The number of tourists decreased by 88% year on year.