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Foreign trade in services in surplus last year

Date 14.03.2023
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  3. Foreign trade in services in surplus last year
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%.

The sold quantity of farmed fish increased by a fourth in 2025

Date 22.05.2026
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  3. The sold quantity of farmed fish increased by a fourth in 2025
Anton Kardakov, leading analyst at Statistics Estonia, said that, in 2025, the quantity of commercial fish sold by fish farming enterprises increased by 253 tonnes, or 26%, compared with 2024. “The volume of commercial catch declined in the years 2019–2022 but has been rising again in the last three years,” said Kardakov. The increase in volume had an impact on average price. The average price per kilogram of farmed fish was 5.5 euros – down by nearly 30% from 2024. Rainbow trout is still the most farmed and sold fish species in Estonia, and its quantity continues to increase each year. 1,102

Industrial production down by 1.1% in October

Date 04.12.2025
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  3. Industrial production down by 1.1% in October
Helle Bunder, leading analyst at Statistics Estonia, said that manufacturing production in October decreased for the second month in a row. “Although the volume of industrial production was up in half of the manufacturing activities in October, the overall volume of the sector declined, mainly due to a decrease in the production of computers and electronic products (3.1%), food products (1.9%), and electrical equipment (6.8%). A slight drop was also seen in the manufacture of wood, at 0.8%,” Bunder added. “The decline in the production of computers and electronic products is primarily due to

Construction volume in the third quarter up on the domestic market, down abroad

Date 26.11.2025
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  3. Construction volume in the third quarter up on the domestic market, down abroad
In the third quarter, the total production value of Estonian construction enterprises was €1.1 billion, including €684 million worth of building construction and €455 million worth of civil engineering. Compared with the third quarter of last year, the volume of building construction was down by 1.9%, whereas the volume of civil engineering works (roads, bridges, port facilities, pipelines, communication and electricity lines, sports fields, etc.) was up by 1.6%. Merike Sinisaar, leading analyst at Statistics Estonia, pointed out that after the growth in the first quarter, construction volumes

The share of innovative enterprises in Estonia is growing

Date 08.06.2026
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  3. The share of innovative enterprises in Estonia is growing
The Community Innovation Survey is conducted in European countries every two years, with the most recent survey covering the reference period 2022–2024. Innovation means the introduction of new or significantly improved products or services or the implementation of improved business processes. A product or process innovation could mean the introduction of new technical solutions, the innovative combination of existing and already used technologies, or the application of knowledge available within the enterprise. Hanno Evard, analyst at Statistics Estonia, said that innovative enterprises play

Passenger traffic through Tallinn Airport was unchanged last year, air freight transport increased

Date 15.04.2026
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  3. Passenger traffic through Tallinn Airport was unchanged last year, air freight transport increased
Anton Kardakov, leading analyst at Statistics Estonia, said that passenger traffic through Baltic airports levelled out last year, after a steady uptrend in five previous years. “Compared with 2024, the number of passengers was virtually unchanged at Tallinn Airport and also at Riga Airport. There was an increase in air traffic only in Lithuania, as the number of passengers grew by 8.4% compared with 2024. The number of air passengers in Lithuania was 0.5% higher than in Latvia, which had previously been at the top, and reached 7.13 million last year,” noted Kardakov. Air passenger traffic is

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Industrial production was down by 1.5% in September

Date 05.11.2025
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  3. Industrial production was down by 1.5% in September
Helle Bunder, leading analyst at Statistics Estonia, explained that manufacturing output, which had shown growth for eight months, started to decrease slightly in September. “Although output increased in most larger manufacturing industries, there was a notable fall in production volumes in several medium-sized manufacturing activities. A more significant decrease occurred in the manufacture of shale oil (37.9%), machinery and equipment n.e.c. (22.2%) and beverages (21%),” she added. Bunder mentioned price cuts in September as one of the reasons for the decreased output of shale oil. “In the

Exports of services reached a record high in the fourth quarter

Date 12.03.2024
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  3. Exports of services reached a record high in the fourth quarter
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 September, the number of accommodated tourists grew by 4% year on year

Date 11.11.2025
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  3. In September, the number of accommodated tourists grew by 4% year on year
157,000 foreign and 131,000 domestic tourists were accommodated in Estonia in September. Among all accommodated tourists, foreign tourists held a slightly higher share (55%) than domestic tourists. Helga Laurmaa, leading analyst at Statistics Estonia, said that the number of foreign tourists has shown growth in most months this year. “Compared with September 2024, there were 3% more foreign tourists accommodated in Estonia in September this year. However, their number remained smaller than before the pandemic,” explained Laurmaa. “After three months of year-on-year decline, the number of

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