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.
Read more 13. June 2022

Pesticide sales are breaking records

In 2021, 894 tonnes of pesticides by active substance were placed on the market in Estonia. This is the largest annual sales of pesticides in Estonia over the years. The majority of these pesticides were herbicides.
Read more 10. June 2022

Increased imports led to a higher trade deficit in April

According to Statistics Estonia, in April 2022, Estonia’s exports of goods increased by 4% and imports by 31% compared to April 2021. Faster growth in imports contributed significantly to the increase of trade deficit, which reached 542 million euros in April.
Read more 9. June 2022

Number of e-commerce users increased again, enterprises start to use artificial intelligence

According to Statistics Estonia, in 2021, the biggest increase compared to the previous year occurred in people’s use of the internet for participating in online courses. The popularity of e-commerce also grew, with 62% of the population aged 16–74 having made online purchases. Among enterprises, the use of enterprise resource planning and customer relationship management software continues to increase. Enterprises are also trying out AI technologies.
Read more 17. September 2021

Research and development in Estonia is driven by the business sector

According to Statistics Estonia, in 2019, the expenditures on research and development (R&D) in Estonia amounted to 453 million euros, which is 24% more than in 2018. The share of R&D expenditures in the gross domestic product was 1.61%, making it the highest share in the last five years.
Read more 2. December 2020

People prefer e-commerce while enterprises prefer cloud services

According to Statistics Estonia, 56.5% of the population aged 16–74 used e-commerce in the last three months. Compared to last year, the overall popularity of e-commerce has remained the same, but the amounts spent on purchasing goods and services have increased. The results of the enterprise survey showed that more than half of the companies using the internet use paid cloud services.
Read more 17. September 2020

The use of sharing economy services is growing

According to Statistics Estonia, in 2018, the share of internet users among 16–74-year-olds reached 89%, which is 1 percentage point more than a year ago. The share of internet users who ordered accommodation and transport services from private persons increased by 4 and 3 percentage points, respectively.
Read more 19. September 2018