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According to Statistics Estonia and Eesti Pank, in the second quarter of 2024, Estonia’s exports and imports of services both grew by 3%. Exports of services totalled 3.1 billion euros and imports of services 2.3 billion euros at current prices. The balance of foreign trade in services was in surplus by 802 million euros, which is 39 million euros more than in the second quarter last year.

Jane Leppmets, foreign trade analyst at Statistics Estonia, said that the upward trend in foreign trade, which started in the second half of 2024, continued in January this year. “In intra-EU trade, exports were up by 11% and imports by 9%. In extra-EU trade, the rise was 19% in exports and as much as 57% in imports. Exports to non-EU countries were mainly influenced by greater exports of goods to the United States, and imports from these countries were boosted by increased imports from Turkey,” added Leppmets. In January, the biggest increase occurred in exports of mineral products The main

Economic growth in Estonia was broad-based. In the previous years, the growth was largely due to internal consumption, whereas in 2017, the growth became more broad‑based. The role of household consumption decreased. After years of decline, investments began to increase again as a result of improved economic climate, indicating a positive mind-set of entrepreneurs.

According to Statistics Estonia, in the 2nd quarter of 2011, the average monthly gross wages and salaries were 857 euros and they grew 4.2% compared to the same quarter of the previous year. But the real wages continued the falling trend, which had lasted for over two years and a half already.

According to Statistics Estonia, in June 2011 the production of industrial enterprises grew 24% compared to June of the previous year. If at the beginning of the year the production grew around 30%, then in May and June the growth of industrial production slightly slowed down compared to the same month of the previous year.

According to Statistics Estonia, in the 2nd quarter of 2016, the average monthly gross wages and salaries were 1,163 euros and the average hourly gross wages and salaries were 6.91 euros. Compared to the 2nd quarter of 2015, the average monthly gross wages and salaries increased by 7.6% and the average hourly gross wages and salaries by 4.5%. In the 2nd quarter, the annual growth of average monthly gross wages and salaries was slightly slower than in the 1st quarter of 2016.

According to Statistics Estonia, in July 2009 compared to July of the previous year, the production of industrial enterprises decreased 28%. The decline in industrial production that had started at the end of the previous year continued in July.