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Helle Bunder, leading analyst at Statistics Estonia, said that, in November, the volume of industrial production increased in more than half of the manufacturing activities. “Looking at the larger industries, output increased in the manufacture of food products (7.8%), fabricated metal products (5.8%) and electrical equipment (20%) and, to a smaller degree, also in the manufacture of computers and electronic products (0.9%),” noted Bunder. She added that, among the major industries, there was a decrease in output in the manufacture of wood (3.4%) and motor vehicles, trailers and semi-trailers

In March 2022, the producer price index of industrial output, which expresses changes in the producer prices of industrial goods manufactured in Estonia for the domestic market and for export, increased by 3.0% compared to February 2022 and by 30.3% compared to March 2021.

Jane Leppmets, foreign trade analyst at Statistics Estonia, pointed out that unlike the balance of foreign trade in goods, the balance of foreign trade in services continues to show a surplus, which means that Estonian economic entities export significantly more services than they import. Economic entities include enterprises and non-profit entities, for instance, non-profit associations and state agencies. “In the second quarter, exports of services exceeded imports by €815 million. The surplus was €9 million bigger than in the second quarter last year,” added Leppmets. The top services

Riin Kadarik, leading analyst at Statistics Estonia, said that manufacturing output declined in March, similarly to February. “The decline was mainly due to the 4.1% decrease in the manufacture of food products. The output of the manufacture of food products has fallen for three months now – the year-on-year decrease was 6.9% in January and 5.3% in February. The main reason behind this is the continued decline in retail trade volume and demand, coupled with inflation,” explained Kadarik. The volume of production increased in slightly more than half of manufacturing activities. Looking at the

Helle Bunder, leading analyst at Statistics Estonia, said that the increased output of manufacturing resulted primarily from the higher volume of production in the manufacture of wood. “In January, the output of the wood industry was up by 8.3% year on year. This was the first time since May 2022 that the output of this industry increased,” explained Bunder. In January, the volume of industrial production increased in more than half of manufacturing activities. Looking at the larger industries, there was an increase in output in the manufacture of wood (8.3%), fabricated metal products (5.9%)

In November 2021, the producer price index of industrial output, which expresses changes in the producer prices of industrial goods manufactured in Estonia for the domestic market and for export, increased by 1.1% compared to October 2021 and by 19.1% compared to November 2020.

In September 2021, the producer price index of industrial output, which expresses changes in the producer prices of industrial goods manufactured in Estonia for the domestic market and for export, increased by 2.8% compared to August 2021 and by 19.2% compared to September 2020.

In May 2022, the producer price index of industrial output, which expresses changes in the producer prices of industrial goods manufactured in Estonia for the domestic market and for export, increased by 3.1% compared to April 2022 and by 33.7% compared to May 2021.

In February 2022, the producer price index of industrial output, which expresses changes in the producer prices of industrial goods manufactured in Estonia for the domestic market and for export, increased by 0.8% compared to January 2022 and by 26.3% compared to February 2021.

In July 2021, the producer price index of industrial output, which expresses changes in the producer prices of industrial goods manufactured in Estonia for the domestic market and for export, increased by 4.0% compared to June 2021 and by 14.8% compared to July 2020.