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In March, exports of mechanical appliances decreased the most

Article
According to Statistics Estonia, in March 2020, compared to March 2019, the exports of goods decreased by 1% and imports by 2%. Compared to the first quarter of 2019, exports declined by 3% and imports by 4%. In the first quarter, trade decreased mostly due to declined exports and imports of electrical equipment and mineral products.

In March, trade increased with EU countries

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According to Statistics Estonia, in March 2019, compared to March 2018, the exports of goods increased by 8% and imports by 5%. The trade growth was due to increased exports and imports with the European Union countries.

Working international students and graduates contributed over 23 million euros in taxes in the previous academic year

Article
Statistics Estonia, commissioned by the Education and Youth Board, analysed for the fifth time the economic contribution of working international students and international graduates. Although the number of international degree students in Estonia was down from the previous years, international students paid 16.6 million euros in income and social tax in the academic year 2022/23, and graduates from the year before contributed 6.9 million euros. For students, this is 2.5 million euros more than in the previous academic year, while for graduates it is 1.5 million euros less.

Exports of goods reached last year’s level

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According to Statistics Estonia, in June 2020, compared to June 2019, the exports of goods remained at the same level and imports decreased by 8%. In the second quarter of 2020, exports decreased by 15% and imports by 18% year on year.

Industry

Area
Industry is the largest sector of the economy and an important driver of economic growth. Industrial enterprises create many jobs and provide opportunities for other types of business as well. Industry is a sector of the economy which covers mining and processing natural resources; energy production and manufacture of equipment, machinery and products; processing of agricultural products; processing of manufactured products. Statistics Estonia collects and publishes economic indicators for three industrial activities – mining, energy production and manufacturing. The mining industry involves

In May, trade increased

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According to Statistics Estonia, in May 2019, compared to May 2018, the exports of goods increased by 8% and imports by 3%. The growth in exports of Estonian goods was significantly influenced by increased sales of prefabricated wood buildings.

Industrial producer price index increased in October

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According to Statistics Estonia, in October 2018, the producer price index of industrial output changed by 0.3% compared to September and by 2.8% compared to October 2017.

Economic growth rate accelerated in the 1st quarter

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According to Statistics Estonia, the gross domestic product (GDP) of Estonia increased 4.4% in the 1st quarter of 2017 compared to the 1st quarter of the previous year.

In August, Estonia’s foreign trade decreased again

Article
According to Statistics Estonia, in August 2020, compared to August 2019, the exports of goods decreased by 6% and imports by 4%. The fall was mostly in trade with European Union member states.