Foreign trade

Foreign trade statistics give an overview of the trade in goods and services between Estonia and other countries. The difference between exports and imports is the foreign trade balance of the country. In foreign trade statistics, goods are recorded on the basis of their movement across the Estonian border and services on the basis of purchase and sale transactions of residents and non-residents.

Foreign trade statistics are published at current prices and provide answers to the following questions:

  • what is the total value of foreign trade;
  • what is the value of exported and imported goods and services;
  • how much are goods and services of Estonian origin exported to European Union countries and third countries;
  • to what extent are goods and services purchased from other countries;
  • which countries are Estonia’s main export and import partners;
  • what is the balance of trade in goods.

The main users of foreign trade data are Eesti Pank (Bank of Estonia), Ministry of Economic Affairs and Communications, Ministry of Foreign Affairs, Ministry of Finance, international organisations Eurostat, UN, OECD, IMF and WTO. Foreign trade data are important for monitoring economic developments in the country and planning economic policy. The statistics are also used in the calculation of the GDP and compiling the balance of payments. Enterprises can use the data for market research purposes.

1,457,779,069 euro
-24.5%
SEPTEMBER 2023
1,665,209,240 euro
-21.6%
SEPTEMBER 2023
Balance of trade in goods -207.43 million euros
-6.7%
SEPTEMBER 2023
2,941.8 million euros
7.9%
2ND QUARTER 2023
2,171.8 million euros
2.2%
2ND QUARTER 2023
Balance of trade in services 770.0 million euros
27.9%
2ND QUARTER 2023
News

Foreign trade declined further in September

According to Statistics Estonia, in September, Estonia’s exports of goods amounted to almost 1.5 billion and imports to nearly 1.7 billion euros. Compared with the same month in 2022, exports of goods decreased by 24% and imports by 22% at current prices. The trade deficit in September was 207 million euros, which is 13 million euros more than in September last year.
Read more 9. November 2023
News

Foreign trade declined by a fifth in August

According to Statistics Estonia, in August, Estonia’s exports of goods amounted to 1.5 billion and imports to 1.8 billion euros. Compared with the same month in 2022, exports of goods decreased by 22% and imports by 19% at current prices. The trade deficit in in August was 293 million euros, which is 7 million euros less than a year earlier.
Read more 10. October 2023
News

Exports of services at a record high in the second quarter

According to Statistics Estonia and Eesti Pank, in the second quarter of 2023, Estonia’s exports of services grew by 8% and imports by 2% at current prices compared with the same quarter of 2022. Sales of services to non-residents totalled 2.9 billion euros and purchases of services from non-residents amounted to 2.2 billion euros.
Read more 12. September 2023