Economy

According to Statistics Estonia and Eesti Pank, in the second quarter, Estonia’s exports of services grew by 46% and imports of services by 125% year on year. Exports and imports of services amounted to 1.8 billion euros. Foreign trade in services was affected the most by growth in telecommunications, computer and information services, and transport services.

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.

According to Statistics Estonia, in July 2021, Estonian accommodation establishments served 381,000 tourists, which is a tenth more than in the same month last year. The number of domestic tourists increased compared to both July 2020 and July 2019, while the number of foreign tourists remained significantly smaller than in previous years.