Exports of goods boosted by domestic products in November

Jane Leppmets, foreign trade analyst at Statistics Estonia, said that exports of goods of Estonian origin increased by 6% in November, while re-exports decreased by 2%. “The share of goods of Estonian origin in total exports was up by two percentage points in November, accounting for 66%. The groups of goods of Estonian origin with the largest exports in November were electrical equipment and wood and articles of wood,” Leppmets noted.

The main commodities exported in November were electrical equipment (16% of Estonia's total exports), agricultural products and food preparations (14%), and wood and articles of wood (11%). Compared with November 2023, the biggest increases were recorded in the exports of agricultural products and food preparations (up by €29 million), wood and articles of wood (up by €17 million), and transport equipment (up by €15 million). The biggest fall was seen in the exports of mineral products – down by €27 million.

Estonia’s top export partner in November was Finland (15% of total exports), followed by Latvia (11%) and Lithuania (9%). The main commodities exported were electrical equipment to Finland, mineral products and transport equipment to Latvia, and transport equipment to Lithuania. The greatest increase occurred in exports to the United States (up by €23 million), with more electrical equipment exported than in the previous year. The biggest fall occurred in exports to Singapore (down by €30 million) where less mineral products were exported.

The main commodities imported in November were transport equipment (16% of Estonia's total imports), electrical equipment (14%), and agricultural products and food preparations (13%). The biggest year-on-year increases were seen in the imports of transport equipment (up by €67 million), electrical equipment (up by €19 million), and agricultural products and food preparations (up by €14 million). The greatest fall was recorded in the imports of mineral products – down by €74 million.

Estonia’s top import partners in November 2024 were Finland (14% of Estonia's total imports), Latvia (12%), and Germany (11%). The main commodities imported were mineral products from Finland and Latvia and transport equipment from Germany. Year on year, the biggest increase occurred in imports of goods from Sweden (up by €40 million), with more transport equipment imported. Imports of goods from Lithuania decreased the most, by €43 million, as less mineral products were imported than in the previous November.

Starting with January 2024, the import data estimates have been partially replaced retroactively with detailed data from other countries. The data were first published in the database in the updated form on 10 June 2024. Read more about the changes here (in Estonian).

Statistics Estonia performs the statistical activity “Foreign trade” for the Ministry of Economic Affairs and Communications with the aim to determine how exporting and importing enterprises are performing in Estonia.

See also the foreign trade section on our website. Statistics Estonia’s foreign trade application provides visualised foreign trade data for Estonia.

More detailed data have been published in the statistical database. Due to rounding, the sum of rows in some tables may differ from the sum total of the column.

When using Statistics Estonia’s data and graphs, please indicate the source.
 

For further information:

Heidi Kukk
Media Relations Manager
Marketing and Dissemination Department
Statistics Estonia
Tel +372 625 9181
press [at] stat.ee (press[at]stat[dot]ee)

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