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In the third quarter, exports of services reached the highest level of recent years

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According to Statistics Estonia and Eesti Pank, in the third quarter of 2022, Estonia’s exports of services grew by 32% and imports by 33% year on year. Estonia’s exports of services totalled 2.8 billion euros and imports of services 2.2 billion euros. The balance of foreign trade in services was in surplus by 568 million euros, which is 129 million euros more than in the same quarter last year.

Survey on Health, Ageing and Retirement in Europe (SHARE)

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What kind of survey is it? The SHARE (Survey on Health, Ageing and Retirement in Europe) international survey collects data on the health, employment, and retirement of people over the age of 50. Who commissions the survey? Until 2023, SHARE was coordinated by the Munich Center for the Economics of Aging (MEA) at the Max Planck Institute for Social Law and Social Policy in Germany. As of 2023, SHARE is led by the new dedicated SHARE BERLIN Institute, based in Berlin. The countries conducting the SHARE survey established SHARE ERIC, an international rights organisation, in 2011. Hundreds of

A new indicator in foreign trade in services – mode of supply of service

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Foreign trade statistics cover exports and imports of goods and services between Estonia and partner countries. While international trade in goods is based on their physical movement across borders, trade in services focuses on transactions between residents and non-residents, regardless of their location.

Estonia’s exports of services were boosted by trade with Finland

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According to Statistics Estonia and Eesti Pank, in the first quarter of 2022, Estonia’s exports of services grew by 22% while imports of services fell by 10% year on year. In the first quarter of this year, Estonia’s exports of services totalled 2 billion euros and imports of services 1.5 billion euros.

Estonia’s exports of services greatly exceeded imports of services

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According to Statistics Estonia and Eesti Pank, in the fourth quarter of 2021, Estonia’s exports of services grew by 79% while imports of services fell by 23% year on year. In 2021 as a whole, exports of services grew by 47% and imports by 28% compared to 2020.

Internet use is increasing in Estonia

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According to Statistics Estonia*, 93.2% of households in Estonia have an internet connection at home. The number of households with an internet connection has increased by 13,000 compared with the previous year, when there were 533,300 such households. There are also more users of e-commerce.