Search results

In 2023, Estonia’s exports of goods amounted to €18.2 billion and imports to €21.2 billion at current prices. Exports decreased by 16% and imports by 17% compared with 2022. The trade deficit reached €3 billion. Jane Leppmets, an analyst at Statistics Estonia, writes on 2023 trends in foreign trade of goods.

According to Statistics Estonia, in the second quarter of 2024, the gross domestic product (GDP) decreased by 1% compared with the same period of 2023. The GDP at current prices amounted to €9.8 billion.

According to the preliminary data of Statistics Estonia, in the fourth quarter of 2022, the gross domestic product (GDP), which shows how the Estonian economy is doing, declined by 4.1% compared with the same period of 2021. The GDP at current prices was 10 billion euros.

Lauri Veski, team lead of consumer price statistics at Statistics Estonia, said that, compared with October 2023, the consumer price index was affected the most by price changes related to food and non-alcoholic beverages, recreation, and phone services. “Among food products, the higher prices of non-alcoholic beverages (+20.4%), fruits (+12.4%) and vegetables (+5.5%) drove up the index the most compared with October last year. Sugar was 23.3% and fish and fish preparations 4.6% cheaper,” added Veski. In October, petrol was 11.3% and diesel fuel 12.9% cheaper than in October 2023. Electricity

According to Statistics Estonia, in 2018, the gross domestic product (GDP) of Estonia increased 3.9% compared to 2017. For the third consecutive year the economic growth in Estonia was faster than 3%. In the 4th quarter of 2018, the Estonian economy increased by 4.2% compared to the 4th quarter of 2017.

According to Statistics Estonia, in November 2021, the turnover of retail trade enterprises was 808 million euros. Compared to November 2020, turnover increased by 14% at constant prices.

According to the preliminary data of Statistics Estonia, the total turnover of retail trade enterprises in 2021 was 8.9 billion euros. Compared to 2020, turnover increased by 12% at constant prices.

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

According to Statistics Estonia, in October 2022, Estonia’s exports of goods increased by 11% and imports by 15% at current prices compared with October 2021.