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Biggest decrease in foreign trade in 11 years
Date 09.06.2020
Article
According to Statistics Estonia, in April 2020, compared to April 2019, the exports of goods decreased by 17% and imports by 22%. The greater decrease in imports offset the balance of trade.
Article
According to Statistics Estonia and Eesti Pank, in the first quarter of 2024, Estonia’s exports of services grew by 2%, while imports were unchanged from the same period last year. Sales of services to non-residents totalled €2.8 billion and purchases of services from non-residents amounted to €2.2 billion at current prices. The balance of foreign trade in services was in surplus by €595 million, which is €45 million more than a year earlier.
In March, there was a boost in trade
Date 11.05.2021
Article
According to Statistics Estonia, in March, exports of goods increased by 19% and imports by 20% year on year. The growth in foreign trade was mainly driven by trade in electrical equipment, mineral products, wood and articles of wood, and transport equipment.
In February, exports of goods declined by 6%
Date 09.04.2020
Article
According to Statistics Estonia, in February 2020, compared to February 2019, the exports of goods decreased by 6% and imports by 2%. Both exports and imports declined the most in respect of countries outside the European Union.
Employment rate at record high in 2017
Date 07.06.2018
Article
In 2017, the unemployment rate was 5.8%, the employment rate 67.5% and the labour force participation rate 71.6%. The labour force participation rate increased by 1.2 percentage points and the employment rate by 1.9 percentage points. The unemployment rate decreased by 1 percentage point. Employment and labour force participation remained high throughout 2017, reaching the highest levels in 20 years. The number of inactive persons continued to decline.
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