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.

1,307,731,316 euro
-23.1%
DECEMBER 2023
1,590,021,800 euro
-29.2%
DECEMBER 2023
Balance of trade in goods -282.29 million euros
48.3%
DECEMBER 2023
2,797.8 million euros
0.7%
3RD QUARTER 2023
2,240.6 million euros
3.3%
3RD QUARTER 2023
Balance of trade in services 557.2 million euros
-8.6%
3RD QUARTER 2023
News

Foreign trade decreased significantly in 2023

According to Statistics Estonia, exports of goods in 2023 decreased by 16% and imports by 17% compared with the year before. Exports of goods amounted to 18 billion and imports to 21 billion euros at current prices. The trade deficit was 3 million euros, which is 695 million euros lower than in 2022.
Read more 9. February 2024
News

The trade deficit was almost two times smaller in November

According to Statistics Estonia, in November 2023, Estonia’s exports of goods amounted to 1.5 billion and imports to 1.7 billion euros. Compared with November 2022, exports of goods decreased by 12% and imports by 19% at current prices. The trade deficit in November was 200 million euros, which is 198 million euros less than a year earlier.
Read more 9. January 2024
News

The rise in services exports slowed down in the third quarter

According to Statistics Estonia and Eesti Pank, in the third quarter of 2023, Estonia’s exports of services grew by 1% and imports by 3% at current prices compared with the same quarter of 2022. Sales of services to non-residents totalled 2.8 billion euros and purchases of services from non-residents amounted to 2.2 billion euros. The balance of foreign trade in services was in surplus by 557 million euros.
Read more 12. December 2023

On 23 February, the phone line of Statistics Estonia’s customer support is open until 12:00 pm. Happy anniversary of the Republic of Estonia!