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According to Statistics Estonia and Eesti Pank, in the fourth quarter of 2023, Estonia’s exports of services grew by 5% and imports by 7% compared with the same quarter of 2022. Sales of services to non-residents totalled 3.1 billion euros and purchases of services from non-residents amounted to 2.3 billion euros at current prices. Total exports of services increased by 9% and imports by 8% last year.

In February 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 1.0% compared to January and by 4.1% compared to February 2020.

The total number of vacant and occupied posts stood at a little over 609,000. 50,365 persons were hired. 76% of job vacancies were in Harju county.

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 first quarter of 2023, the construction price index increased by 1.5% compared with the fourth quarter of 2022 and by 12.6% compared with the first quarter of 2022.

Jane Leppmets, foreign trade analyst at Statistics Estonia, said that both exports and imports of goods increased in March, as in the first two months of the year. “Exports of goods grew in all commodity sections. The rise in exports was influenced by an even larger increase in re-exports, which rose by 27% year on year. This was mainly due to an increase in the re-exports of transport equipment,” Leppmets noted. The share of goods of Estonian origin in total exports fell by three percentage points year on year, accounting for 65% in March this year. Exports of goods of Estonian origin

According to Statistics Estonia, in October 2020, the turnover of retail trade enterprises was 665 million euros. Compared to October 2019, turnover increased by 6% at constant prices.

According to Statistics Estonia, in the first quarter of 2024, there were 9,598 job vacancies in the enterprises, institutions and organisations of Estonia. This is 16.3% less than in the same quarter last year. A little under 6,500 persons left their job at the initiative of the employer.

According to Statistics Estonia's survey on information technology, the use of artificial intelligence-based technologies has risen significantly in 2024 compared with the previous year, and cyber security has become increasingly important. 5% of enterprises used at least one AI technology in 2023, whereas in 2024, this figure has risen to 14%. Of large enterprises, 10% said they had experienced a disclosure of confidential data.