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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.

1,262.6 million euros
15.9%
FEBRUARY 2021
1,335.6 million euros
10.2%
FEBRUARY 2021
Balance of trade in goods -72,965,804 euros
-40.3%
FEBRUARY 2021
1,465.3 million euros
-21.1%
IV QUARTER 2020
2,260.5 million euros
66.6%
IV QUARTER 2020
Balance of trade in services -795.3 million euros
-259.0%
IV QUARTER 2020
News

The year started with trade growth

According to Statistics Estonia, in January 2021, exports of goods increased by 4% and imports by 13% year on year. The biggest driver of trade growth was exports of mineral products.
Read more 11. March 2021
News

Last year, exports remained close to the level of 2019

According to Statistics Estonia, in 2020, exports of goods decreased by 1% and imports by 6% year on year. There was a fall in trade in the first half of the year, which was counterbalanced by the growth in the final months of the year – in December, exports grew by 25% and imports by 10%.
Read more 10. February 2021