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Mineral fuels impacted the decline in exports in January

Kuupäev 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.

In June, the volume of industrial production was greater than a year ago

Kuupäev 31.07.2018
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  3. In June, the volume of industrial production was greater than a year ago
According to Statistics Estonia, in June 2018, the production of industrial enterprises increased by 3% compared to June 2017. Production increased in manufacturing, energy as well as in mining.

Estonia’s exports of services were boosted by trade with Finland

Kuupäev 13.06.2022
Article
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  2. Estonia’s exports of services were boosted by trade with Finland
According to Statistics Estonia and Eesti Pank, in the first quarter of 2022, Estonia’s exports of services grew by 22% while imports of services fell by 10% year on year. In the first quarter of this year, Estonia’s exports of services totalled 2 billion euros and imports of services 1.5 billion euros.

Immigration exceeded emigration for the second year in a row

Kuupäev 04.05.2017
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  3. Immigration exceeded emigration for the second year in a row
According to the revised data of Statistics Estonia, 1,315,635 persons lived in Estonia on 1 January 2017, which is 309 persons less than at the same time a year earlier. The population figure decreased by 1,339 persons due to negative natural increase, but increased by 1,030 persons as a result of positive net migration.

Economic crisis raised the research and development intensity to the record level

Kuupäev 03.12.2010
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  3. Economic crisis raised the research and development intensity to the record level
According to Statistics Estonia, in 2009 the ratio of research and development (R&D) expenditures to the gross domestic product (called the intensity of the R&D) reached unprecedented level of 1.42% despite the actual decrease of those expenditures.

In August, the volume of industrial production was greater than a year ago

Kuupäev 01.10.2018
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  3. In August, the volume of industrial production was greater than a year ago
According to Statistics Estonia, in August 2018, the production of industrial enterprises increased by 6% compared to August 2017. Production increased in manufacturing and energy, but decreased in mining.

The trade deficit narrowed in April

Kuupäev 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.

In 2018, rapid economic growth continued in Estonia

Kuupäev 28.02.2019
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  3. In 2018, rapid economic growth continued in Estonia
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.

Last year, trade increased

Kuupäev 11.02.2019
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  3. Last year, trade increased
According to Statistics Estonia, in 2018, the exports of goods increased by 12% and imports by 10% compared to 2017. The exports and imports of mineral products had the greatest impact on trade growth in 2018.

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