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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.

1,328.4 million euros
8.9%
NOVEMBER 2020
1,390.7 million euros
7.2%
NOVEMBER 2020
Balance of trade in goods -62,345,407 euros
-19.6%
NOVEMBER 2020
1,417.5 million euros
-28.9%
3RD QUARTER 2020
1,298.3 million euros
-8.4%
3RD QUARTER 2020
Balance of trade in services 119.2 million euros
-79.3%
3RD QUARTER 2020
News

Imports of goods on the rise again

According to Statistics Estonia, in November 2020, compared to November 2019, the exports of goods increased by 9% and imports by 7%. Trade with non-EU countries increased the most.
Read more 11. January 2021
News

Exports exceeded imports for the second month in a row

According to Statistics Estonia, in October 2020, compared to October 2019, the exports of goods increased by 10% and imports decreased by 5%. Of the total exports, the goods of Estonian origin accounted for 75%. Exports to non-EU countries increased by 38%, while exports to EU countries decreased by 2%.
Read more 10. December 2020