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Growth in foreign trade slowed down in April: exports were up by 3% and imports by 1%

Kuupäev 09.06.2025
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  3. Growth in foreign trade slowed down in April: exports were up by 3% and imports by 1%
Jane Leppmets, foreign trade analyst at Statistics Estonia, said that the most significant changes in April concerned extra-EU trade. “Exports to EU countries were up by 8% and imports from the EU fell by 1%. In trade with non-EU countries, exports declined by 10% while imports grew by 16%. Year on year, there were decreased exports from Estonia to the United States, Russia and Singapore, and increased imports from Turkey and Switzerland,” explained Leppmets. Compared with April 2024, exports of goods of Estonian origin were up by 2% in April this year. The share of goods of Estonian origin

HICP flash estimate: prices up by 0.1% in May

Kuupäev 03.06.2025
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  3. HICP flash estimate: prices up by 0.1% in May
The consumer price index uses weights reflecting the average expenditure structure of Estonian residents, while the harmonised index of consumer prices also takes into account tourists and is comparable to the international HICP. “According to initial estimates, the harmonised index of consumer prices in May was most affected by increases in the prices of food and non-alcoholic beverages,” said Lauri Veski, team lead of consumer price statistics at Statistics Estonia. The consumer price index data for May will be published by Statistics Estonia on 6 June . Data on the harmonised index of

HICP flash estimate: prices up by 1.2% in April

Kuupäev 02.05.2025
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  3. HICP flash estimate: prices up by 1.2% in April
The consumer price index uses weights reflecting the average expenditure structure of Estonian residents, while the harmonised index of consumer prices also takes into account tourists and is comparable to the international HICP. “According to initial estimates, the harmonised index of consumer prices in April was most affected by increases in the prices of healthcare services and food as well as by lower housing costs,” said Lauri Veski, team lead of consumer price statistics at Statistics Estonia. The consumer price index data for April will be published by Statistics Estonia on 8 May . Data

The decline in industrial production continued in July

Kuupäev 04.09.2024
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  3. The decline in industrial production continued in July
According to Statistics Estonia, in July 2024, the total production of industrial enterprises decreased by 5.8% at constant prices compared with July last year. Among the three main sectors, output increased by 16.9% in mining and by 16.3% in electricity production but decreased by 7.8% in manufacturing.

The decline in foreign trade in goods in February was mainly due to mineral fuels

Kuupäev 09.04.2024
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  3. The decline in foreign trade in goods in February was mainly due to mineral fuels
According to Statistics Estonia, in February 2024, exports of goods decreased by 15% and imports by 10% compared with February 2023. Exports of goods amounted to about 1.3 billion and imports to 1.5 billion euros at current prices. The trade deficit was 202 million euros, which is 67 million euros more than in February last year.

Exports of goods up by 12% in February

Kuupäev 09.04.2025
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  3. Exports of goods up by 12% in February
Evelin Puura, the foreign trade statistics team lead at Statistics Estonia, pointed out that Estonia's exports were significantly affected by the re-exports of previously imported goods which increased by 30% year on year. “The rise in re-exports was mainly due to transport equipment,” Puura added. Exports of goods of Estonian origin grew by 4% compared with February last year, accounting for 65% of total exports. The rise was mainly due to the increased exports of processed fuels and shale oil as well as measuring instruments. Electrical equipment was the top commodity exported in February

Foreign trade decreased significantly in 2023

Kuupäev 09.02.2024
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  3. Foreign trade decreased significantly in 2023
According to Statistics Estonia, exports of goods in 2023 decreased by 16% and imports by 17% compared with the year before. Exports of goods amounted to 18 billion and imports to 21 billion euros at current prices. The trade deficit was 3 million euros, which is 695 million euros lower than in 2022.

According to revised data, economic growth is yet to be seen

Kuupäev 30.05.2025
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  3. According to revised data, economic growth is yet to be seen
Robert Müürsepp, the national accounts team lead at Statistics Estonia, said that the GDP, which had shown growth in the fourth quarter last year, was again down a little in the first quarter this year. “A month ago, we published a model-based flash estimate which suggested that the economy might be slightly improving. However, the flash estimate underestimated some irregular factors in the fourth quarter. Vehicle sales were exceptionally high in the fourth quarter in anticipation of the introduction of the motor vehicle tax from 2025. But the model could not fully foresee the significant

Industrial production fell by 3% in June

Kuupäev 05.08.2024
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  3. Industrial production fell by 3% in June
According to Statistics Estonia, in June 2024, the total production of industrial enterprises fell by 3% compared with June last year. Among the three industrial sectors, output increased by 4% in electricity production but decreased by 19.7% in mining and by 2.3% in manufacturing.

Producer price index of industrial output fell by 2.5% year on year

Kuupäev 20.10.2023
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  3. Producer price index of industrial output fell by 2.5% year on year
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 0.7% in September 2023 compared with August and decreased by 2.5% compared with September last year.

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