Search results

In September, Estonia’s exports of goods amounted to almost 1.6 billion and imports to nearly 1.9 billion euros at current prices. The trade deficit was 292 million euros, which is 46 million euros more than in September last year. In the third quarter overall, exports of goods grew by 4% and imports by 6%. Jane Leppmets, foreign trade analyst at Statistics Estonia, said that foreign trade showed slower growth in the second and third quarter. “Exports of goods grew by 14% in the first quarter but just by 4% in the next two quarters. The slower growth in both exports and imports was primarily

Jane Leppmets, foreign trade analyst at Statistics Estonia, said that other business services are the most popular type of services exported and imported by Estonian economic units. In the third quarter, the biggest growth in both exports and imports of services was recorded in trade in other business services. Other business services include, for example, services related to research and development; legal, accounting, management consulting and advertising services; waste treatment and agricultural services. A wide range of other services are included as well. “In Estonia, other business

Jane Leppmets, foreign trade analyst at Statistics Estonia, said that, in July, exports of goods grew primarily due to re-exports, i.e., the re-exports of previously imported goods increased by 26%. “The re-exports of mineral products (incl. natural gas) and transport equipment rose the most,” the analyst added. Exports of goods of Estonian origin fell by 1%. Goods of Estonian origin accounted for 59% of total exports in July, and their share decreased by six percentage points year on year. The decline was mainly influenced by lower exports of mineral products, wood and articles of wood, and

Jane Leppmets, foreign trade analyst at Statistics Estonia, said that the upward trend in foreign trade, which started in the second half of 2024, continued in January this year. “In intra-EU trade, exports were up by 11% and imports by 9%. In extra-EU trade, the rise was 19% in exports and as much as 57% in imports. Exports to non-EU countries were mainly influenced by greater exports of goods to the United States, and imports from these countries were boosted by increased imports from Turkey,” added Leppmets. In January, the biggest increase occurred in exports of mineral products The main

Jane Leppmets, foreign trade analyst at Statistics Estonia, pointed out that unlike the balance of foreign trade in goods, the balance of foreign trade in services continues to show a surplus, which means that Estonian economic entities export significantly more services than they import. Economic entities include enterprises and non-profit entities, for instance, non-profit associations and state agencies. “In the second quarter, exports of services exceeded imports by €815 million. The surplus was €9 million bigger than in the second quarter last year,” added Leppmets. The top services

Jane Leppmets, foreign trade analyst at Statistics Estonia, said that both exports and imports of goods increased in March, as in the first two months of the year. “Exports of goods grew in all commodity sections. The rise in exports was influenced by an even larger increase in re-exports, which rose by 27% year on year. This was mainly due to an increase in the re-exports of transport equipment,” Leppmets noted. The share of goods of Estonian origin in total exports fell by three percentage points year on year, accounting for 65% in March this year. Exports of goods of Estonian origin

Jane Leppmets, foreign trade analyst at Statistics Estonia, said that foreign trade in services continues to grow steadily and reached a record level in 2024. “Exports of services were most affected by an increase in sales of telecommunications, computer and information services (up by €459 million) and imports by a rise in purchases of travel services (up by €134 million). Other business services, transport services, and telecommunications, computer and information services accounted for the largest shares. The top partner countries for exports last year were Finland (15% of Estonia’s total

Jane Leppmets, foreign trade analyst at Statistics Estonia, said that the most significant changes in April concerned extra-EU trade. “Exports to EU countries were up by 8% and imports from the EU fell by 1%. In trade with non-EU countries, exports declined by 10% while imports grew by 16%. Year on year, there were decreased exports from Estonia to the United States, Russia and Singapore, and increased imports from Turkey and Switzerland,” explained Leppmets. Compared with April 2024, exports of goods of Estonian origin were up by 2% in April this year. The share of goods of Estonian origin