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In March, trade increased with EU countries

Article
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.

Trade volumes increased for the fifth month in a row

Article
According to Statistics Estonia, in July, exports of goods increased by 29% and imports by 27% year on year. Trade growth was significantly influenced by the increase in the exports and imports of mineral fuels and base metals and articles of base metal.

Information and communication technologies

Area
The development of information and communication technology (ICT) has made life a lot easier. The news is all around us and we no longer have to wait for broadcasts or the newspaper. Accommodation, flight tickets and the taxi can be booked on the computer or smart phone in just a few clicks. Information is available at all times. This facilitates data searching and communication and has revolutionised trade and the provision of services. The introduction of ICT has led to significant changes in the management of enterprises and in production: work processes are faster and more efficient. A

Gross domestic product decreased in 2008

Article
According to the preliminary calculations of Statistics Estonia, in 2008 the gross domestic product (GDP) decreased by 3.6% compared to the previous year. In the 4th quarter, GDP decreased by 9.7% compared to the same quarter of the previous year.

Industrial producer price index rose by almost 32% year on year

Article
In April 2022, 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 2.8% compared to March 2022 and by 31.8% compared to April 2021.

Construction volume surpassed the pre-pandemic level

Article
According to Statistics Estonia, in the third quarter of 2021, the total production value of Estonian construction enterprises in Estonia and abroad increased by 15% year on year. Considering only the Estonian construction market, the growth in construction volume was 16%.

One in five e-residents register a business in Estonia

Article
Since 2014, 73,400 foreign citizens have become e-residents of Estonia. 20% of these e-residents have participated in founding a business and over 14,200 businesses have been registered in Estonia with their participation. We looked into where e-residents come from and what are the activities of their Estonian enterprises.

Trade with non-EU countries decreased in February

Article
According to Statistics Estonia, in February 2023, Estonia’s exports of goods increased by 2% and imports decreased by 8% compared with February 2022. Exports of goods amounted to 1.5 billion and imports to 1.6 billion euros at current prices. The trade deficit was 103 million euros, down by 167 million euros year on year.

Construction volumes decreased in the 2nd quarter

Article
According to Statistics Estonia, in the 2nd quarter of 2015 compared to the same quarter of the previous year, the total production of Estonian construction enterprises in Estonia and foreign countries decreased 6%. The construction volumes have decreased for two years in a row.