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Foreign trade in goods showed signs of picking up in April

Kuupäev 10.06.2024
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  3. Foreign trade in goods showed signs of picking up in April
According to Statistics Estonia, in April 2024, exports of goods increased by 3% and imports by 6% compared with April 2023. Exports of goods amounted to more than €1.5 billion and imports to over €1.8 billion at current prices. The trade deficit was €305 million, which is €65 million more than in April last year.

Trade in goods down in August, most notably with EU countries

Kuupäev 10.10.2024
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  3. Trade in goods down in August, most notably with EU countries
Evelin Puura, the foreign trade statistics team lead at Statistics Estonia, said that trade in August was affected by the continued decline in exports and imports in trade with European Union (EU) countries. “Compared with August 2023, exports to EU countries decreased by 3% and imports from EU countries by 8%. At the same time, extra-EU exports were up by 6%,” noted Puura. The main commodities exported in August were electrical equipment (16% of Estonia’s total exports), agricultural products and food preparations (11%), and wood and articles of wood (11%). Year on year, the biggest decrease

Trade with non-EU countries decreased in February

Kuupäev 10.04.2023
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  3. Trade with non-EU countries decreased in February
According to Statistics Estonia, in February 2023, Estonia’s exports of goods increased by 2% and imports decreased by 8% compared with February 2022. Exports of goods amounted to 1.5 billion and imports to 1.6 billion euros at current prices. The trade deficit was 103 million euros, down by 167 million euros year on year.

Economic downturn accelerated again in the third quarter

Kuupäev 30.11.2023
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  3. Economic downturn accelerated again in the third quarter
In the third quarter of 2023, the gross domestic product (GDP) decreased by 3.9% compared with the same quarter of 2022. The GDP at current prices amounted to 9.4 billion euros.

Producer price index down by 1.3% in September

Kuupäev 20.10.2022
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  3. Producer price index down by 1.3% in September
The producer price index of industrial output, which expresses changes in the producer prices of industrial goods manufactured in Estonia for the domestic market and for export, fell by 1.3% in September compared with August 2022 and rose by 23.2% compared with September 2021.

Rapid growth in the industrial producer price index slowed in July

Kuupäev 22.08.2022
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  2. Rapid growth in the industrial producer price index slowed in July
In July 2022, the producer price index of industrial output, which expresses changes in the producer prices of industrial goods manufactured in Estonia for the domestic market and for export, rose by 0.4% compared with June and by 28.8% compared with July 2021.

The trade deficit narrowed in April

Kuupäev 09.06.2023
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  3. The trade deficit narrowed in April
According to Statistics Estonia, in April 2023, Estonia’s exports of goods decreased by 4% and imports by 18% at current prices compared with April 2022. Foreign trade was most affected by the reduced trade in mineral fuels and wood and articles of wood.

Producer price index of industrial output, export and import price index, July 2023

Kuupäev 21.08.2023
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  3. Producer price index of industrial output, export and import price index, July 2023
The producer price index of industrial output, which expresses changes in the producer prices of industrial goods manufactured in Estonia for the domestic market and for export, fell by 1.0% in July 2023 compared with June and by 3.2% compared with July last year.

The trade deficit was almost two times smaller in November

Kuupäev 09.01.2024
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  3. 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.

Producer price index of industrial output rose by 4.2% in April

Kuupäev 22.05.2023
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  3. Producer price index of industrial output rose by 4.2% in April
The producer price index of industrial output, which expresses changes in the producer prices of industrial goods manufactured in Estonia for the domestic market and for export, increased by 4.2% in April 2023 compared with April 2022 and decreased by 0.7% compared with March 2023.

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