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Exports of services reached a record high in the fourth quarter
Date 12.03.2024
Article
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.
2021 was a year of rapid growth in trade
Date 09.02.2022
Article
According to Statistics Estonia, in 2021, Estonia’s exports of goods increased by 28% and imports by 32% compared to 2020. In December, exports grew by 24% and imports by 27% year on year.
Estonia’s foreign trade is breaking records, trade most active with neighbour countries
Date 10.01.2022
Article
According to Statistics Estonia, in November 2021, Estonia’s rapid trade growth continued. Exports of goods increased by 30% and imports by 36% year on year. Growth was highest in trade with the European Union Member States and primarily with the neighbouring countries.
Article
Jane Leppmets, foreign trade analyst at Statistics Estonia, said that there was a marked decline in trade in goods in the first quarter of 2024, as exports were down by 16% and imports by 11%. “In the third quarter, imports were unchanged and there was a slight uptrend in exports. The positive trend was even more noticeable in the fourth quarter, with exports increasing by 6% and imports by 7%,” explained Leppmets. Last year, re-exports fell by 9% and exports of goods of Estonian origin by 1%. Under goods of Estonian origin, the biggest fall was registered in the exports of prefabricated
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Article
According to Statistics Estonia, in August 2019, the production of industrial enterprises decreased by 2% compared to August 2018. Production increased in manufacturing, but decreased in energy as well as in mining.
Population projection shows population decrease is slowing down
Date 20.06.2019
Article
According to Statistics Estonia’s population projection, in 2080, there will be approximately 1.2 million people in Estonia. Over the next 60 years, the population of Estonia will decrease by 11%, in the next 25 years, by 35,800 persons, and by 2080, by 145,200 persons.
Industrial production decreased in October
Date 03.12.2019
Article
According to Statistics Estonia, in October 2019, the production of industrial enterprises decreased by 4% compared to October 2018. Production remained at the same level in manufacturing but decreased in energy and mining.