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The trade deficit was almost two times smaller in November

Date 09.01.2024
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  3. The trade deficit was almost two times smaller in November
According to Statistics Estonia, in November 2023, Estonia’s exports of goods amounted to 1.5 billion and imports to 1.7 billion euros. Compared with November 2022, exports of goods decreased by 12% and imports by 19% at current prices. The trade deficit in November was 200 million euros, which is 198 million euros less than a year earlier.

Retail trade volume increased for the third consecutive month

Date 28.03.2025
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  3. Retail trade volume increased for the third consecutive month
Johanna Linda Pihlak, analyst at Statistics Estonia, said that, compared with February last year, turnover volume grew by 21% in enterprises engaged in the retail sale of automotive fuel and by 6% in stores selling manufactured goods. “In grocery stores, the volume of turnover declined by 5% in February year on year,” added Pihlak. Among stores selling manufactured goods, the biggest increase at 28% was registered in the turnover volume of other specialised stores selling predominantly computers and their accessories, books, sports equipment, games, toys, etc. The volume of turnover was up by

In September, the producer price index of industrial output rose by over 19%

Date 20.10.2021
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  2. In September, the producer price index of industrial output rose by over 19%
In September 2021, 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 2.8% compared to August 2021 and by 19.2% compared to September 2020.

There were more foreign tourists accommodated in August (corrected on 11.10.2024)

Date 09.10.2024
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  3. There were more foreign tourists accommodated in August (corrected on 11.10.2024)
The corrections are marked in red, and we have also updated the map. Helga Laurmaa, leading analyst at Statistics Estonia, said that the number of accommodated tourists was still 7% lower than in August 2019. “In August this year, 232,000 foreign and 224,000 domestic tourists were accommodated in Estonia. There were 14% more foreign tourists and 1% fewer domestic tourists than in August last year,” added Laurmaa. Nearly 69,000 tourists arrived from Finland, representing 30% of all accommodated foreign tourists. Accommodation establishments served 27,000 tourists from Latvia (12%), 22,000

Retail trade volume up by 2% in March

Date 29.04.2025
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  3. Retail trade volume up by 2% in March
Johanna Linda Pihlak, analyst at Statistics Estonia, said that the rise in the volume of retail trade turnover in March was driven by enterprises engaged in the retail sale of automotive fuel and by stores selling manufactured goods. “On the other hand, the decline in the turnover volume of grocery stores accelerated in March, as the turnover volume of these stores was down by 7% year on year,” added Pihlak. The volume of turnover in enterprises engaged in the retail sale of automotive fuel increased by 15% compared with March 2024. “The increase in the turnover volume of these enterprises was

Industrial production up in mining and electricity production, down in manufacturing

Date 08.04.2024
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  3. Industrial production up in mining and electricity production, down in manufacturing
According to Statistics Estonia, in February 2024, the total production of industrial enterprises decreased by 5.7% at constant prices compared with the corresponding month a year earlier. Production increased by 19.3% in mining and by 2.6% in electricity production but decreased by 7% in manufacturing.

The economy contracted by 0.7% in Q3

Date 29.11.2024
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  3. The economy contracted by 0.7% in Q3
Robert Müürsepp, team lead of national accounts at Statistics Estonia, noted that the economy, which has been falling for ten quarters in a row, is showing signs of improvement, but the biggest changes are still on the negative side. “Among the activities, construction had a strong negative impact on the economy, as did manufacturing. The biggest positive contributor after two years was again information and communication, where value added grew by 7.3%,” Müürsepp stated. Real estate activities and agriculture, forestry and fishing also made larger positive contributions to the economy. The

Re-exports significantly increased trade in July

Date 09.09.2022
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  2. Re-exports significantly increased trade in July
According to Statistics Estonia, in July 2022, Estonia’s exports of goods increased by 13% and imports by 22% compared with July 2021. Re-exports from Estonia grew by 43%; exports of domestic goods remained at the same level year on year.

The decline in industrial production was wide-ranging in February

Date 06.04.2023
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  3. The decline in industrial production was wide-ranging in February
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.

Estonian economy grew by 5.4% in the first quarter

Date 31.05.2021
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  2. Estonian economy grew by 5.4% in the first quarter
According to Statistics Estonia, in the first quarter of 2021, the gross domestic product (GDP) grew by 5.4% year on year. The GDP at current prices was 6.9 billion euros.

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