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Trade in goods with non-EU countries decreased the most in May

Kuupäev 10.07.2023
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  3. Trade in goods with non-EU countries decreased the most in May
According to Statistics Estonia, in May 2023, Estonia’s exports of goods decreased by 15% and imports by 13% at current prices compared with May 2022. Exports of goods amounted to 1.6 billion and imports to 1.9 billion euros at current prices. The trade deficit was 309 million euros, which is 12 million euros more than in May last year.

Exports of goods of Estonian origin decreased in June

Kuupäev 09.08.2023
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  3. Exports of goods of Estonian origin decreased in June
According to Statistics Estonia, in June, Estonia’s exports of goods amounted to 1.6 billion and imports to 1.9 billion euros. Compared with June 2022, exports of goods decreased by 14% and imports by 13% at current prices. The trade deficit in June was 271 million euros, which is 33 million euros less than in the same month last year.

Last year, Estonia's exports per capita were below the EU average

Kuupäev 29.04.2024
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  3. Last year, Estonia's exports per capita were below the EU average
In 2023, Estonia’s exports of goods amounted to €18.2 billion and imports to €21.2 billion at current prices. Exports decreased by 16% and imports by 17% compared with 2022. The trade deficit reached €3 billion. Jane Leppmets, an analyst at Statistics Estonia, writes on 2023 trends in foreign trade of goods.

Exports and imports of goods fell significantly in July

Kuupäev 11.09.2023
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  3. Exports and imports of goods fell significantly in July
According to Statistics Estonia, Estonia’s exports of goods in July amounted to 1.3 billion and imports to 1.6 billion euros. Compared with July 2022, exports of goods decreased by 26% and imports by 20% at current prices. The trade deficit in July was 385 million euros, which is 42 million euros more than in the same month last year.

The trade deficit narrowed in April

Kuupäev 09.06.2023
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  3. The trade deficit narrowed in April
According to Statistics Estonia, in April 2023, Estonia’s exports of goods decreased by 4% and imports by 18% at current prices compared with April 2022. Foreign trade was most affected by the reduced trade in mineral fuels and wood and articles of wood.

Trade with non-EU countries decreased in February

Kuupäev 10.04.2023
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  3. Trade with non-EU countries decreased in February
According to Statistics Estonia, in February 2023, Estonia’s exports of goods increased by 2% and imports decreased by 8% compared with February 2022. Exports of goods amounted to 1.5 billion and imports to 1.6 billion euros at current prices. The trade deficit was 103 million euros, down by 167 million euros year on year.

Estonia’s exports of services were boosted by trade with Finland

Kuupäev 13.06.2022
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  2. Estonia’s exports of services were boosted by trade with Finland
According to Statistics Estonia and Eesti Pank, in the first quarter of 2022, Estonia’s exports of services grew by 22% while imports of services fell by 10% year on year. In the first quarter of this year, Estonia’s exports of services totalled 2 billion euros and imports of services 1.5 billion euros.

Both exports and imports of services increased in the first quarter

Kuupäev 13.06.2023
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  3. Both exports and imports of services increased in the first quarter
According to Statistics Estonia and Eesti Pank, in the first quarter of 2023, Estonia’s exports of services grew by 15% and imports by 11% at current prices compared with the first quarter of 2022.

Mineral fuels impacted the decline in exports in January

Kuupäev 13.03.2023
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  3. Mineral fuels impacted the decline in exports in January
According to Statistics Estonia, in January 2023, exports and imports of goods at current prices decreased by 9% and 1% respectively, compared with the same month in 2022. Estonia’s exports of goods amounted to 1.5 billion and imports to 1.8 billion euros at current prices. The trade deficit was 272 million euros, up by 127 million euros from a year earlier.

Briefing session on the updated Intrastat questionnaire

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  3. Briefing session on the updated Intrastat questionnaire
Foreign trade statistics are on the brink of changes. Our goal is to start reducing the administrative burden. In order to do that, we need to first introduce some changes in our existing foreign trade questionnaire INTRASTAT (dispatches and arrivals). These changes will allow the transition to SIMSTAT, i.e. single flow collection, starting from 2025. The briefing session gives information about filling in the updated questionnaire as well as creating related IT solutions. The briefing session took place on 3 November, from 14:00 to 16:00, as a Zoom video conference. The briefing was recorded

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