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The turnover of retail trade enterprises declined by 8% last year
Kuupäev 30.01.2024
Article
According to the preliminary data of Statistics Estonia, the total turnover of retail trade enterprises in 2023 was 10.5 billion euros. Compared with 2022, turnover decreased by 8% at constant prices.
The decline in foreign trade in goods in February was mainly due to mineral fuels
Kuupäev 09.04.2024
Article
According to Statistics Estonia, in February 2024, exports of goods decreased by 15% and imports by 10% compared with February 2023. Exports of goods amounted to about 1.3 billion and imports to 1.5 billion euros at current prices. The trade deficit was 202 million euros, which is 67 million euros more than in February last year.
In March, foreign trade was affected by the decreased trade in mineral fuels, metals and wood
Kuupäev 10.05.2023
Article
According to Statistics Estonia, in March 2023, Estonia’s exports and imports of goods decreased by 15% and 12%, respectively, compared with March 2022. In the first quarter as a whole, both exports and imports of goods fell by 8%.
Area
Considering the turnover, internal trade is the largest economic activity in Estonia. It covers wholesale and retail trade as well as repair of motor vehicles and motorcycles. Internal trade is closely connected with other activities – goods that people buy in shops or on the internet come from factories, craftsmen and farmers. The goods are carried by transport enterprises. Consumption of products made in Estonia supports local business, and also means that the goods are delivered to consumers in the most cost-effective way. Statistics Estonia publishes the following data for trade
Decline in the turnover of retail trade enterprises slowed down in October
Kuupäev 29.11.2023
Article
According to Statistics Estonia, in October, the turnover of retail trade enterprises was 884 million euros. Compared with October 2022, turnover fell by 5% at constant prices.
Foreign trade in services in surplus last year
Kuupäev 14.03.2023
Article
According to Statistics Estonia and Eesti Pank, in the fourth quarter of 2022, Estonia’s exports of services grew by 12% and imports by 25% at current prices compared with the fourth quarter in 2021. Services were sold to non-residents for a total of 3 billion and purchased for 2.2 billion euros. The balance of foreign trade in services was therefore in surplus by 765 million euros in the fourth quarter, which is 125 million euros less than in the same period a year earlier. In 2022 as a whole, exports of services grew by 31% and imports by 19%.
Area
Foreign trade statistics give an overview of the trade in goods and services between Estonia and other countries. The difference between exports and imports is the foreign trade balance of the country. In foreign trade statistics, goods are recorded on the basis of their movement across the Estonian border and services on the basis of purchase and sale transactions of residents and non-residents. Foreign trade statistics are published at current prices and provide answers to the following questions: what is the total value of foreign trade; what is the value of exported and imported goods and
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