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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.

Jane Leppmets, analyst at Statistics Estonia, said that exports of goods increased in September and in the third quarter overall. “Although re-exports fell by 1% in September, the rise in total exports was driven by the 4% increase in exports of goods of Estonian origin. The share of goods of Estonian origin in total exports grew by one percentage point year on year, reaching 64%” added Leppmets. There was a significant rise in trade with non-EU countries. Exports to EU countries were down and imports from the EU were stable, but there was a 21% increase in exports to non-EU countries, and