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The decline in industrial production was wide-ranging in February

Kuupäev 06.04.2023
Article
According to Statistics Estonia, in February 2023, the total production of industrial enterprises decreased by 7.4% at constant prices compared with the corresponding month of 2022. Output fell in all three sectors: by 4.0% in electricity production, by 7.7% in manufacturing, and by 8.2% in mining.

Industry

Area
Industry is the largest sector of the economy and an important driver of economic growth. Industrial enterprises create many jobs and provide opportunities for other types of business as well. Industry is a sector of the economy which covers mining and processing natural resources; energy production and manufacture of equipment, machinery and products; processing of agricultural products; processing of manufactured products. Statistics Estonia collects and publishes economic indicators for three industrial activities – mining, energy production and manufacturing. The mining industry involves

Growth of industrial production came to a halt in June

Kuupäev 02.08.2022
Article
According to Statistics Estonia, in June, the total production of industrial enterprises increased by 0.4% at constant prices compared with June 2021. Output increased in two of the three sectors – by 18.4 in electricity production and by 28.9% in mining –, but fell by 2.5 in manufacturing.

The volume of industrial production grew by 6.4% last year

Kuupäev 02.02.2022
Article
According to Statistics Estonia, the total production of industrial enterprises in 2021 was 6.4% bigger than the year before. Of the three main industrial sectors, production increased by 19.2% in energy production and by 6.4% in manufacturing but decreased by 15.7% in mining.

In September, the share of trade with European Union countries increased

Kuupäev 09.11.2022
Article
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.