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Manufacturing output up by 0.8% in October

Date 04.12.2024
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  3. Manufacturing output up by 0.8% in October
Helle Bunder, leading analyst at Statistics Estonia, noted that, in October, the volume of production in manufacturing increased slightly after a long period of decline. “Manufacturing output had fallen for nearly 2.5 years but now grew by 0.8% compared with October 2023,” explained Bunder. In October, the volume of industrial production increased in almost half of manufacturing activities. Looking at the larger industries, output increased in the manufacture of food products (6.4%), fabricated metal products (3.8%), electrical equipment (9.9%), and building materials (8%). Among the major

Exports of goods to Finland decreased the most in January

Date 11.03.2024
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  3. Exports of goods to Finland decreased the most in January
According to Statistics Estonia, in January 2024, exports of goods decreased by 11% and imports by 13% compared with January 2023. Exports of goods amounted to about 1.4 billion and imports to 1.5 billion euros at current prices. The trade deficit was 122 million euros, which is 60 million euros less than in January last year.

Producer price index of industrial output rose by 22.4% year on year

Date 20.12.2022
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  3. Producer price index of industrial output rose by 22.4% 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 0.2% in November compared with October 2022 and by 22.4% compared with November 2021.

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

Date 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 1.1% in June

Date 01.07.2025
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  3. HICP flash estimate: prices up by 1.1% in June
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. “Based on the preliminary estimate, the HICP was affected by the rising prices of food products and also by the higher prices of holiday trips and accommodation, although the latter is likely to be a temporary trend. Lower housing costs and decreased prices of clothing and footwear had the opposite effect on the index,” said Lauri Veski, team lead of consumer price

Mineral fuels impacted the decline in exports in January

Date 13.03.2023
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  3. Mineral fuels impacted the decline in exports in January
According to Statistics Estonia, in January 2023, exports and imports of goods at current prices decreased by 9% and 1% respectively, compared with the same month in 2022. Estonia’s exports of goods amounted to 1.5 billion and imports to 1.8 billion euros at current prices. The trade deficit was 272 million euros, up by 127 million euros from a year earlier.

The trade deficit narrowed in April

Date 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.

The number of accommodated tourists decreased in March year on year

Date 09.05.2025
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  3. The number of accommodated tourists decreased in March year on year
Helga Laurmaa, leading analyst at Statistics Estonia, said that 108,000 foreign and 109,000 domestic tourists were accommodated in Estonia in March 2025. “The number of foreign tourists was 7% lower than in March last year and it was also smaller compared with March 2019 (down by 13%),” explained Laurmaa. Similarly to the earlier months of this year, accommodation establishments served more domestic than foreign tourists in March. The number of domestic tourists in March was 11% smaller than in the same month last year. Laurmaa added that the number of domestic tourists was at the same level

In January, the industrial producer price index rose by 2.4% compared to the previous month

Date 28.02.2022
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  2. In January, the industrial producer price index rose by 2.4% compared to the previous month
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 in January by 2.4% compared to December 2021 and by 26.6% compared to January 2021.

Foreign trade grew in October, exports of goods of Estonian origin up by 17%

Date 09.12.2024
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  3. Foreign trade grew in October, exports of goods of Estonian origin up by 17%
Jane Leppmets, foreign trade analyst at Statistics Estonia, said that compared with October 2023, the growth in foreign trade in October 2024 was the highest this year. “Re-exports of goods increased by 5% in October, while exports of goods of Estonian origin grew by as much as 17%. The share of goods of Estonian origin in total exports was also up from October last year, accounting for 66% in October 2024. Wood and articles of wood as well as electrical equipment of Estonian origin were the most exported items. The exports of these goods also increased the most,” Leppmets pointed out. The

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