In the previous year exports to Finland and Sweden decreased the most

In 2009 the value of exports of goods from Estonia made up 101.3 billion kroons and imports to Estonia accounted for 114.1 billion kroons in current prices. Compared to 2008, the value of exports decreased by 31.1 billion kroons and imports by 56 billion kroons. The trade deficit was announced as 12.8 billion kroons, which was threefold smaller than in the previous year.

Estonia’s foreign trade, January–December, 2008–2009

Month	Exports, million kroons			Imports, million kroons			Balance, million kroons
	2008	2009	change, %	2008	2009	change, %	2008	2009
Total	132 446	101 310	-24	170 042	114 083	-33	-37 596	-12 773
January	10 154	7 265	-28	13 725	8 800	-36	-3 571	-1 535
February	10 677	7 820	-27	13 641	8 727	-36	-2 964	-907
March	10 647	8 346	-22	14 145	9 746	-31	-3 498	-1 400
April	12 332	7 742	-37	15 916	9 291	-42	-3 584	-1 549
May	11 549	8 165	-29	14 507	8 472	-42	-2 958	-307
June	10 862	9 561	-12	14 140	9 907	-30	-3 278	-346
July	10 969	8 242	-25	15 047	9 389	-38	-4 078	-1 147
August	11 142	8 125	-27	13 420	9 263	-31	-2 278	-1 138
September	12 300	9 442	-23	15 195	10 133	-33	-2 895	-691
October	13 249	8 957	-32	15 656	9 728	-38	-2 407	-771
November	9 897	9 083	-8	12 929	10 390	-20	-3 032	-1 307
December	8 669	8 564	-1	11 724	10 237	-13	-3 055	-1 673

The main countries of destination were Finland (18% of Estonia’s total exports), Sweden (13%) and Latvia (10%). Exports declined to all countries of destination, the most to Finland and Sweden –—nearly by 5.6 billion kroons compared to 2008. The decline of exports to Finland and Sweden was mainly caused by the decrease of exports of electrical equipment and of wood and articles thereof.

The main countries of consignment were Finland (14% of Estonia’s total imports), Lithuania (11%), Germany and Latvia (10%, both countries).  Imports declined from all the main countries of consignment, the most from Germany (by 10.9 billion kroons), Finland and Sweden (by 7.5 billion kroons from both countries). From Germany and Sweden imports declined due to the decrease in imports of vehicles and parts thereof; from Finland due to the decrease in imports of machinery and equipment.

In 2009, in exports, among the commodity sections the first place was held by the section of machinery and equipment (a fifth of Estonia’s total exports), followed by mineral products (17%) and agricultural products and food preparations (10%). There was a significant decrease in exports of machinery and equipment (by 9 billion kroons) as well as metals and products thereof (7.1 billion kroons). Only exports of mineral products (incl. oil products) increased (by 1 billion kroons).

In 2009, in imports, the first place was held by machinery and equipment (a fifth of the total imports), followed by machinery and equipment (19%) and agricultural products and food preparations (13%). The turnover of imports declined among all the commodity sections, the most significantly in the imports of machinery and equipment (by 14.8 billion kroons) and of transport equipment (by 11.5 billion kroons).

The biggest trade deficit was mentioned in the trade of mineral products (6 billion kroons) and raw materials and products of chemical industry (5.2 billion kroons). The biggest surplus was mentioned in the trade of wood and products thereof (5.8 billion kroons).

In December 2009 the value of exports of goods was 8.6 billion kroons. Exports decreased 1% compared to December of 2008. The value of imports was 10.2 billion kroons, imports declined by 13% compared to December 2008. The decline in both exports and imports was mainly caused by the decrease in trade with machinery and equipment.

Main foreign trade partners of Estonia, 2009

Groups of countries, countries of destination	Exports			Groups of countries, countries of consignment	Imports
	million kroons	change compared to previous year, %	share, %		million kroons	change compared to previous year, %	share, %
Total	101 310	-24	100	Total	114 083	-33	100
EU27	70 350	-24	69	EU27	90 898	-33	80
CIS	11 929	-33	12	CIS	13 052	-37	11
1.Finland	18 621	-23	18	1.Finland	16 482	-31	14
2. Sweden	12 673	-31	13	2. Lithuania	12 456	-18	11
3. Latvia	9 810	-26	10	3. Germany	11 905	-48	10
4. Russia	9 424	-32	9	4. Latvia	11 599	-24	10
5. Germany	6 109	-8	6	5. Russia	10 016	-23	9
6. Lithuania	4 943	-34	5	6. Sweden	9 548	-44	8
7. USA	4 288	-33	4	7. Poland	6 275	-19	6
8. Denmark	3 452	-20	3	8. Netherlands	4 214	-26	4
9. Norway	3 230	-26	3	9. France	2 918	-15	3
10. Nigeria	2 955	175	3	10. Denmark	2 671	-26	2

Exports and imports by commodity sections, 2009

Commodity section by Combined Nomenclature (CN)	Exports			Imports			Balance, million kroons
	million kroons	share, %	change compared to previous year, %	million kroons	share, %	change compared to previous year, %
TOTAL	101 310	100	-24	114 083	100	-33	-12 773
Agricultural products and food preparations (I–IV)	10 195	10	-15	14 492	13	-18	-4 297
Mineral products (V)	17 023	17	6	22 988	20	-15	-5 965
Raw materials and products of chemical industry (VI)	5 584	6	-21	10 755	9	-21	-5 171
Articles of plastics and rubber (VII)	3 175	3	-24	6 107	5	-26	-2 932
Wood and products thereof (IX)	8 693	9	-23	2 931	3	-30	5 762
Paper and articles thereof (X)	3 311	3	-16	3 065	3	-17	246
Textiles and products thereof (XI)	4 111	4	-26	6 079	5	-29	-1 968
Metals and products thereof (XV)	8 857	9	-45	8 840	8	-51	17
Machinery and equipment (XVI)	19 873	20	-31	21 943	19	-40	-2 070
Transport equipment (XVII)	6 620	7	-36	7 167	6	-62	-547
Miscellaneous manufactured articles (XX)	8 385	8	-12	2 825	2	-30	5 560
Other	5 483	5	-28	6 891	6	-26	-1 408