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Industrial producer price index rose by nearly 25% year on year

Article
In December 2021, the producer price index of industrial output, which expresses changes in the producer prices of industrial goods manufactured in Estonia for the domestic market and for export, increased by 24.7% compared to December 2020 and by 5.3% compared to November 2021.

Construction volume grew by 9% last year

Article
According to the preliminary data of Statistics Estonia, in 2021, the total construction volume of Estonian construction enterprises in Estonia and abroad increased by 9% year on year. Considering only the Estonian construction market, the rise in construction volume was 10%.

Main changes in Intrastat 2023

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Statistical thresholds In 2023, the statistical threshold for the dispatches of goods is 270,000 euros (last year, it was 200,000 euros). It means that, in 2023, Intrastat data have to be submitted by those enterprises whose turnover of goods dispatched to European Union countries exceeded 270,000 euros in 2022. If enterprises exceed the statistical threshold in 2023, they will also have to submit Intrastat data. The statistical threshold for the arrivals of goods is 400,000 euros (the same as last year). Taxable person or non-taxable legal person identified by individual identification number

Exports and imports of goods fell significantly in July

Article
According to Statistics Estonia, Estonia’s exports of goods in July amounted to 1.3 billion and imports to 1.6 billion euros. Compared with July 2022, exports of goods decreased by 26% and imports by 20% at current prices. The trade deficit in July was 385 million euros, which is 42 million euros more than in the same month last year.

Imports of goods increased in November

Article
According to Statistics Estonia, in November 2022, Estonia’s exports of goods at current prices remained at the same level and imports increased by 12% compared with November 2021.