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Foreign trade declined further in September
Date 09.11.2023
Article
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.
Retail trade turnover fell in September
Date 28.10.2022
Article
According to Statistics Estonia, in September, the turnover of retail trade enterprises was 886 million euros. Compared with September 2021, turnover decreased by 6% at constant prices.
Article
According to Statistics Estonia, exports of goods increased by 17% and imports by 23% in 2022 compared with 2021. In December 2022, both exports as well as imports remained at the level of 2021.
Share of environmental goods and services sector in GDP up by a quarter in eight years
Date 01.11.2024
Article
Kaia Oras, a leading expert at Statistics Estonia, explained that the growth in demand for environmental goods and services has been due to both increased awareness of environmental problems as well as higher environmental and energy saving requirements, especially in construction. “The rapid growth in energy-efficient new construction and reconstruction of buildings has a huge impact. Together, these generated €1.5 billion in output,” Oras added. Among the energy produced from renewables, electricity and heat production from renewable energy sources accounted for €482.2 million and the
Turnover of retail trade enterprises took a downturn in June
Date 29.07.2022
Article
According to Statistics Estonia, in June, the turnover of retail trade enterprises was 915 million euros. Compared with June 2021, turnover decreased by 1% at constant prices.
Retail trade turnover fell by 11% in April
Date 30.05.2023
Article
According to Statistics Estonia, in April, the turnover of retail trade enterprises was 844 million euros. Compared with April 2022, turnover decreased by 11% at constant prices.
Article
“People’s consumption habits change, technology evolves, and more and more data become available. Statistics Estonia must keep up with these developments, and we must continuously update our methodologies,” explained Urmet Lee, the Director General of Statistics Estonia. The methodological changes introduced in January concern food products and electricity. “Good cooperation with electricity providers and retail chains now allows us to calculate the consumer price index in Estonia more accurately than ever before. It means that a quarter of the data for the consumer basket are now obtained
Trade deficit increased in October
Date 09.12.2022
Article
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.
Economic downturn accelerated again in the third quarter
Date 30.11.2023
Article
In the third quarter of 2023, the gross domestic product (GDP) decreased by 3.9% compared with the same quarter of 2022. The GDP at current prices amounted to 9.4 billion euros.