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According to the first estimates of Statistics Estonia, the gross domestic product (GDP) of Estonia decreased by 15.6% in the 3rd quarter of 2009 compared to the same quarter in the previous year. The GDP decreased successively for seven quarters, still the decrease decelerated in the 3rd quarter.

According to Statistics Estonia, in October 2013, exports of goods decreased by 1% and imports by 6% at current prices compared to October of the previous year. The decrease in exports was mostly influenced by the dispatches of agricultural goods which declined by 17% compared to October 2012.

According to Statistics Estonia, in 2009 the gross domestic product (GDP) decreased by 14.1% compared to the previous year. The biggest downfall was in the 2nd quarter when the GDP decreased by 16.1%. After that, the decrease gradually decelerated. In the 4th quarter, the GDP decreased by 9.5% according to the first estimates.

According to Statistics Estonia, the data from the innovation survey show that 48% of enterprises covered with the survey were technologically innovative in 2008 and 35% of them had implemented during the last three years organisational or marketing innovation. For a quarter of enterprises the innovativeness resulted in environmental benefits either within enterprise or for customer.

Jane Leppmets, analyst at Statistics Estonia, said that exports of goods increased in September and in the third quarter overall. “Although re-exports fell by 1% in September, the rise in total exports was driven by the 4% increase in exports of goods of Estonian origin. The share of goods of Estonian origin in total exports grew by one percentage point year on year, reaching 64%” added Leppmets. There was a significant rise in trade with non-EU countries. Exports to EU countries were down and imports from the EU were stable, but there was a 21% increase in exports to non-EU countries, and