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In the first quarter of 2022, the gross domestic product (GDP) grew by 4.3% year on year. The GDP at current prices was 8 billion euros.

According to Statistics Estonia and Eesti Pank, in the second quarter of 2023, Estonia’s exports of services grew by 8% and imports by 2% at current prices compared with the same quarter of 2022. Sales of services to non-residents totalled 2.9 billion euros and purchases of services from non-residents amounted to 2.2 billion euros.

According to Statistics Estonia, in June 2022, Estonia’s exports of goods increased by 26% and imports by 24% compared with June 2021. Compared with the second quarter of last year, exports grew by 21% and imports by 30%. In June and in the second quarter as a whole, trade was primarily boosted by the increased exports and imports of mineral fuels and electricity and wood and articles of wood.

According to Statistics Estonia, in March 2022, Estonia’s exports of goods increased by 35% and imports by 31% compared to March 2021. Compared to the first quarter of last year, exports grew by 30% and imports by 34%. In March and in the first quarter as a whole, trade was primarily boosted by the increased exports and imports of mineral fuels and electricity.

According to Statistics Estonia, in September 2022, Estonia’s exports of goods increased by 14% and imports by 19% at current prices compared with September 2021. In the third quarter, exports were up by 16% and imports by 22%. Trade was mainly boosted by the increased exports and imports of mineral products as well as by rising prices in general.

In the second quarter of 2022, the gross domestic product (GDP) grew by 0.6% year on year. The GDP at current prices was 9 billion euros.

According to Statistics Estonia and Eesti Pank, in the first quarter of 2021, the exports of services grew by 2% and imports of services by 51% year on year. Estonian economic entities exported and imported services for 1.6 billion euros. The imports of services increased mainly on account of growth in telecommunications, computer and information services.

According to Statistics Estonia, in October 2022, Estonia’s exports of goods increased by 11% and imports by 15% at current prices compared with October 2021.