Foreign trade

Foreign trade statistics give an overview of the trade in goods and services between Estonia and other countries. The difference between exports and imports is the foreign trade balance of the country. In foreign trade statistics, goods are recorded on the basis of their movement across the Estonian border and services on the basis of purchase and sale transactions of residents and non-residents.

Foreign trade statistics are published at current prices and provide answers to the following questions:

  • what is the total value of foreign trade;
  • what is the value of exported and imported goods and services;
  • how much are goods and services of Estonian origin exported to European Union countries and third countries;
  • to what extent are goods and services purchased from other countries;
  • which countries are Estonia’s main export and import partners;
  • what is the balance of trade in goods.

The main users of foreign trade data are Eesti Pank (Bank of Estonia), Ministry of Economic Affairs and Communications, Ministry of Foreign Affairs, Ministry of Finance, international organisations Eurostat, UN, OECD, IMF and WTO. Foreign trade data are important for monitoring economic developments in the country and planning economic policy. The statistics are also used in the calculation of the GDP and compiling the balance of payments. Enterprises can use the data for market research purposes.

1,743,739,997 euros
0.4%
2022 NOVEMBER
2,095,887,280 euros
12.1%
2022 NOVEMBER
Balance of trade in goods -352.15 million euros
-165.7%
2022 NOVEMBER
2,765.2 million euros
32.0%
2022 Q3
2,197.5 million euros
32.7%
2022 Q3
Balance of trade in services 567.7 million euros
29.4%
2022 Q3
News

Imports of goods increased in November

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.
Read more 9. January 2023
News

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

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.
Read more 12. December 2022
News

Trade deficit increased in October

According to Statistics Estonia, in October 2022, Estonia’s exports of goods increased by 11% and imports by 15% at current prices compared with October 2021.
Read more 9. December 2022