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COVID-19 pandemic pushed up accommodation prices and boosted domestic tourism

Date 13.09.2024
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  3. COVID-19 pandemic pushed up accommodation prices and boosted domestic tourism
According to Statistics Estonia, in 2023, the average expenditure of Estonian residents on overnight outbound trips was greater than in the period before the COVID-19 pandemic. The average spending on outbound trips has increased by 43% in the years 2018–2023. The number of tourists accommodated in Estonia has not yet reached the pre-pandemic level, but the share of domestic tourists has increased significantly compared with 2018.

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

Date 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

3.6 million tourists: number of accommodated tourists was up by 5% in 2024

Date 11.02.2025
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  3. 3.6 million tourists: number of accommodated tourists was up by 5% in 2024
Helga Laurmaa, leading analyst at Statistics Estonia, said that nearly 1.86 million foreign tourists and nearly 1.76 million domestic tourists were accommodated in Estonia in 2024. “Compared with 2023, there were 11% more foreign tourists, while the number of domestic tourists remained at the same level. If we compare last year’s figures to 2019, which was the pre-pandemic record year, the number of accommodated domestic tourists has increased by over 200,000 but, at the same time, the number of foreign tourists has decreased by almost 400,000,” noted Laurmaa. Tourist arrivals from Finland

HICP flash estimate: prices up by 0.9% in August

Date 02.09.2025
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  3. HICP flash estimate: prices up by 0.9% in August
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 the expenditures of tourists and is comparable to the international HICP. Lauri Veski, team lead of consumer price statistics at Statistics Estonia, said that according to preliminary estimates, prices rose in all major sectors in August. “The only sector to see a decline in prices was food service and accommodation, driven by accommodation services,” Veski added. The consumer price index data for August will be

Exports of goods boosted by domestic products in November

Date 09.01.2025
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  3. 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

Exports of goods of Estonian origin increased by 4% in September

Date 11.11.2024
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  3. Exports of goods of Estonian origin increased by 4% in September
Jane Leppmets, analyst at Statistics Estonia, said that exports of goods increased in September and in the third quarter overall. “Although re-exports fell by 1% in September, the rise in total exports was driven by the 4% increase in exports of goods of Estonian origin. The share of goods of Estonian origin in total exports grew by one percentage point year on year, reaching 64%” added Leppmets. There was a significant rise in trade with non-EU countries. Exports to EU countries were down and imports from the EU were stable, but there was a 21% increase in exports to non-EU countries, and

Foreign trade in services in surplus last year

Date 14.03.2023
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  3. Foreign trade in services in surplus last year
According to Statistics Estonia and Eesti Pank, in the fourth quarter of 2022, Estonia’s exports of services grew by 12% and imports by 25% at current prices compared with the fourth quarter in 2021. Services were sold to non-residents for a total of 3 billion and purchased for 2.2 billion euros. The balance of foreign trade in services was therefore in surplus by 765 million euros in the fourth quarter, which is 125 million euros less than in the same period a year earlier. In 2022 as a whole, exports of services grew by 31% and imports by 19%.

1,369,285 people: Estonia's population decreased according to preliminary data

Date 16.01.2025
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  3. 1,369,285 people: Estonia's population decreased according to preliminary data
Terje Trasberg, leading analyst at Statistics Estonia, said that 2024 was similar to 2023. “Last year, almost 6,000 more people died than were born. Immigration exceeded emigration by 550 people. While in the last two years, positive net migration compensated for the exceptionally low number of births, in 2024 the population as a whole also declined by more than 5,000 people,” Trasberg explained. Number of births continues to drop The analyst noted that the decline in births accelerated further in 2024 compared with 2023. “9,646 babies were born in 2024, which is more than 1,000 fewer than the

Exports of goods of Estonian origin decreased in June

Date 09.08.2023
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  3. Exports of goods of Estonian origin decreased in June
According to Statistics Estonia, in June, Estonia’s exports of goods amounted to 1.6 billion and imports to 1.9 billion euros. Compared with June 2022, exports of goods decreased by 14% and imports by 13% at current prices. The trade deficit in June was 271 million euros, which is 33 million euros less than in the same month last year.

Foreign trade declined further in September

Date 09.11.2023
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  3. Foreign trade declined further in September
According to Statistics Estonia, in September, Estonia’s exports of goods amounted to almost 1.5 billion and imports to nearly 1.7 billion euros. Compared with the same month in 2022, exports of goods decreased by 24% and imports by 22% at current prices. The trade deficit in September was 207 million euros, which is 13 million euros more than in September last year.

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