Exports of goods of Estonian origin fell by 8% in February

News
Posted on 9 April 2026, 8:00

According to Statistics Estonia, exports of goods fell by 1% in February this year compared with the same month of the previous year, while imports increased by 6%. Exports of goods amounted to nearly 1.5 billion euros and imports to nearly 1.9 billion euros at current prices. Goods of Estonian origin were exported in smaller quantities in February than a year earlier.

Evelin Puura. Photo: Statistics Estonia, Uku Nurges

The trade deficit in February was 426 million euros, which is 132 million euros more than in the same month of the previous year.

Evelin Puura, the Foreign Trade Statistics Service Manager at Statistics Estonia, noted that goods of Estonian origin accounted for 61% of total exports in February this year, and their share fell by four percentage points year on year. “Exports of goods of Estonian origin fell by 8% year on year. The biggest decrease – by 62 million euros – was recorded in the exports of Estonian-origin mineral products, including oil shale fuel oil and processed fuel oils,” added Puura.

Exports of mineral products fell the most in February

The main commodities exported in February were electrical equipment (15% of total exports), agricultural products and food preparations (12%) as well as wood and articles of wood (11%). Year on year, the biggest fall was recorded in the exports of mineral products, including oil shale fuel oil – down by 48 million euros (29%). Mineral products include, for example, electricity, natural gas, peat and various fuels and fuel oils. There were also decreases in the exports of transport equipment, including passenger cars (down by 20 million euros, or 14%), and wood and articles of wood, including wood pellets (down by 17 million euros, or 10%). In February, the biggest increase was recorded in the exports of precious metals, including gold and investment coins (up by 42 million euros), and electrical equipment, including communication devices (up by 24 million euros).

Estonia's top export partners in February were Finland (17% of total exports), Latvia (12%) and Sweden (9%). The main commodity exported to Finland and Latvia was mineral products, and to Sweden electrical equipment. Year on year, the biggest decreases were seen in exports to the Netherlands (down by 36 million euros) and Singapore (down by 35 million euros), with fewer exports of mineral products to both destinations. Exports of processed fuel oils to the Netherlands and oil shale fuel oil to Singapore fell. The biggest increases were seen in exports to Latvia (up by 24 million euros) and Belgium (up by 22 million euros). More mineral products, including electricity, were exported to Latvia, and more precious metals, including gold, to Belgium.

Imports of electrical equipment grew the most

The main commodities imported in February were mineral products (14% of total imports), electrical equipment (13%) and agricultural products and food preparations (12%). Compared with February 2025, the biggest increase was recorded in the imports of electrical equipment, including batteries (up by 38 million euros, or 17%). The biggest fall was seen in the imports of transport equipment, including railway wagons (down by 17 million euros, or 8%).

Estonia's top import partners in February were Latvia (13% of total imports), Finland (13%) and Germany (10%). The main commodities imported were mineral products from Latvia and Finland, and transport equipment from Germany. The biggest increase was seen in imports from Finland (up by 40 million euros), with more mineral products, including electricity, arriving from that country. The biggest decrease occurred in imports from Lithuania (down by 18 million euros), with fewer mineral products, including petrol, imported.

Estonia's foreign trade by month, 2024–2026

 ExportsImportsExports of goods of Estonian originBalance
January 20241.3361.5750.874-0.240
February 20241.3201.5780.918-0.258
March 20241.4571.7050.994-0.248
April 20241.5231.8630.984-0.341
May 20241.5451.7351.014-0.190
June 20241.3611.6700.887-0.309
July 20241.3161.6840.849-0.368
August 20241.4561.6600.919-0.203
September 20241.5141.7650.972-0.251
October 20241.6451.9761.087-0.331
November 20241.5621.7921.021-0.230
December 20241.3271.7420.857-0.415
January 20251.4991.8490.987-0.350
February 20251.4691.7640.957-0.294
March 20251.7051.9731.107-0.268
April 20251.5771.9240.991-0.347
May 20251.5811.8681.008-0.287
June 20251.4381.8000.926-0.361
July 20251.4141.8570.838-0.444
August 20251.4211.6750.914-0.254
September 20251.5841.8981.012-0.313
October 20251.7242.0701.055-0.346
November 20251.6191.9381.015-0.319
December 20251.5461.7870.951-0.242
January 20261.5561.8080.977-0.252
February 20261.4511.8770.882-0.426
Estonia's foreign trade by month, 2025–2026
MonthExports, million eurosImports, million eurosBalance, million euros
20252026Change, %20252026Change, %20252026

TOTAL

2969

3007

1

3613

3686

2

-644

-678

January

1499

1556

4

1849

1808

-2

-350

-252

February

1469

1451

-1

1764

1877

6

-294

-426

Main foreign trade partners of Estonia, February 2026
Country of destination, group of countriesExports, million eurosShare, %Change on same month of previous year, %Country of consignment, group of countriesImports, million eurosShare, %Change on same month of previous year, %
TOTAL

1451

100

-1

TOTAL

1877

100

6

EL-27

1174

81

7

EL-27

1589

85

5

Euro area 21

884

61

6

Euro area 21

1231

66

6

Non-EU countries

277

19

-26

Non-EU countries

289

15

18

1. Finland

252

17

6

1. Latvia

251

13

0

2. Latvia

167

12

17

2. Finland

237

13

20

3. Sweden

135

9

10

3. Germany

193

10

-1

4. Lithuania

114

8

-5

4. Lithuania

165

9

-10

5. Germany

109

7

6

5. Netherlands

149

8

17

6. Poland

62

4

2

6. Sweden

130

7

-6

7. Denmark

56

4

18

7. Poland

123

7

-2

8. Netherlands

50

3

-42

8. China

80

4

40

9. USA

47

3

-7

9. Switzerland

55

3

44

10. Bulgaria

45

3

48

10. Italy

54

3

-13

Exports and imports by commodity section, February 2026
Commodity section (-group) by Combined Nomenclature (CN)ExportImportBalance
million eurosshare, %change on same month of previous year, %million eurosshare %change on same month of previous year, %million euros
TOTAL

1451

100

-1

1877

100

6

-426

Agricultural products and food preparations (I–IV)

168

12

-8

231

12

-3

-63

Mineral products (V)

116

8

-29

271

14

13

155

Raw materials and products of chemical industry (VI)

78

5

1

160

9

6

-82

Articles of plastics and rubber (VII)

36

2

-3

78

4

-11

-42

Wood and articles of wood (IX)

158

11

-10

68

4

9

91

Paper and articles thereof (X)

23

2

-13

28

2

-1

-5

Textiles and textile articles (XI)

33

2

4

57

3

-7

-24

Base metals and articles of base metal (XV)

124

9

10

141

8

9

-17

Machinery and mechanical appliances (84)

115

8

7

172

9

7

-57

Electrical equipment (85)

215

15

13

253

13

17

-38

Transport equipment (XVII)

127

9

-14

207

11

-8

-79

Optical, measuring, precision instruments (XVIII)

43

3

-18

43

2

13

0

Miscellaneous manufactured articles (XX)

92

6

3

42

2

1

50

Other

122

8

64

128

7

46

-6

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.

Data as at 9 April 2026 are published. The indicator values may change if there are any revisions made in the data sources after this date.

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:

Annaliisa Köss
Media Relations Partner
Marketing and Dissemination Department
Statistics Estonia
Tel 5696 6484
press [at] stat.ee (press[at]stat[dot]ee)

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