Industry

Industry is the largest sector of the economy and an important driver of economic growth. Industrial enterprises create many jobs and provide opportunities for other types of business as well.

Industry is a sector of the economy which covers

  • mining and processing natural resources;
  • energy production and manufacture of equipment, machinery and products;
  • processing of agricultural products;
  • processing of manufactured products.

Statistics Estonia collects and publishes economic indicators for three industrial activities – mining, energy production and manufacturing. The mining industry involves mining, quarrying and processing minerals. The energy industry covers the production and supply of electricity, heat and natural gas. In manufacturing, materials, substances and components are made into new finished or semi-finished products, which can be used in further production processes.

The volume and value indices of industrial production show changes in volumes and prices of industrial production over time by economic activities. The indices help to assess the situation of industry in Estonia. More than a half of Estonia’s industrial production is exported. We publish export indices of industrial production (as a total and separately for euro area and non-euro area) and indices for the sales of industrial production on the domestic market.

Statistics Estonia publishes the following data for industrial enterprises:

  • turnover;
  • costs;
  • profits;
  • assets;
  • liabilities;
  • equity;
  • investments;
  • volume of industrial production.

The most important objective of industry statistics is to describe the economic cycle of industry and measure change in the value added of production, which can be used in assessing GDP change. Analyses of industry data allow forecasting crucial changes in the economy, assessing the market situation helps to increase competitiveness of the sector and business efficiency.

Volume index of industrial production, 2015 = 100 110.5
DECEMBER 2023
Volume index of industrial production, corresponding month of previous year = 100 113.3
-2.5%
DECEMBER 2023
Industrial turnover index, 2015 = 100 139.6
DECEMBER 2023
Industrial turnover index, corresponding month of previous year = 100 143.3
-5.0%
DECEMBER 2023
Industrial export turnover index, 2015 = 100 125.2
DECEMBER 2023
Industrial export turnover index, corresponding month of previous year = 100 129.0
-6.3%
DECEMBER 2023
Industrial production at current prices | 2017–2021
Industrial sales total and industrial sales to non-residents | 2017–2021
Turnover of manufacturing, annual | 2018 – 2022
Unit: thousand euros
2018 2019 2020 2021 2022
Manufacturing 13,224,413 13,786,579 13,326,795 16,057,913 19,016,723
Manufacture of food products 1,719,350 1,855,927 1,882,500 2,037,563 2,519,851
Manufacture of beverages 248,620 258,573 254,478 276,952 318,804
Manufacture of textiles 344,839 349,475 353,200 366,159 360,649
Manufacture of wearing apparel 193,075 197,057 175,621 184,634 220,179
Manufacture of leather and related products 42,945 35,532 31,642 28,095 33,728
Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials 2,442,278 2,443,599 2,548,535 3,731,901 4,269,164
Manufacture of paper and paper products 266,391 248,230 222,515 281,204 352,812
Printing and reproduction of recorded media 244,300 244,432 216,080 221,260 259,042
Manufacture of coke and refined petroleum products 254,513 304,509 245,677 .. 420,791
Manufacture of chemicals and chemical products 537,120 521,089 514,036 601,338 730,359
Manufacture of basic pharmaceutical products and pharmaceutical preparations 36,566 41,783 57,308 55,453 62,798
Manufacture of rubber and plastic products 462,700 483,419 480,997 586,245 654,750
Manufacture of other non-metallic mineral products 592,976 638,983 569,821 685,985 825,369
Manufacture of basic metals 82,752 87,274 84,357 109,767 139,416
Manufacture of fabricated metal products, except machinery and equipment 1,322,806 1,448,256 1,358,312 1,725,365 2,113,954
Manufacture of computer, electronic and optical products 1,295,524 1,227,640 1,193,715 1,200,792 1,566,957
Manufacture of electrical equipment 754,361 760,185 780,054 884,576 1,022,322
Manufacture of machinery and equipment n.e.c. 488,767 568,269 485,281 573,248 718,619
Manufacture of motor vehicles, trailers and semi-trailers 446,916 448,086 411,197 556,005 645,424
Manufacture of other transport equipment 97,987 106,407 125,833 128,061 157,789
Manufacture of furniture 618,265 627,023 598,464 706,304 711,327

Number of enterprises | 2013 – 2022
2013 2014 2015 2016 2017 2018 2019 2020 2021 2022
Manufacturing 6,381 6,611 7,053 7,259 7,507 7,470 7,787 7,981 9,060 9,435
Manufacture of food products 451 476 552 597 640 642 663 689 816 887
Manufacture of beverages 39 48 62 86 97 109 98 126 125 136
Manufacture of textiles 238 234 267 277 307 304 304 303 347 361
Manufacture of wearing apparel 462 499 529 524 534 515 527 504 657 693
Manufacture of leather and related products 69 70 70 82 82 74 70 72 82 82
Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials 1,061 1,084 1,102 1,086 1,097 1,053 1,110 1,146 1,271 1,302
Manufacture of paper and paper products 58 59 61 61 62 63 64 63 66 58
Printing and reproduction of recorded media 368 361 386 378 387 363 371 366 380 381
Manufacture of coke and refined petroleum products 7 5 5 6 4 4 6 6 4 5
Manufacture of chemicals and chemical products 92 97 111 110 126 127 122 119 133 153
Manufacture of basic pharmaceutical products and pharmaceutical preparations 11 12 14 15 14 12 13 14 14 14
Manufacture of rubber and plastic products 202 194 213 223 210 202 210 209 218 217
Manufacture of other non-metallic mineral products 240 227 255 252 262 259 257 262 315 320
Manufacture of basic metals 22 28 29 27 21 19 21 17 19 18
Manufacture of fabricated metal products, except machinery and equipment 1,151 1,202 1,223 1,280 1,320 1,335 1,414 1,444 1,563 1,653
Manufacture of computer, electronic and optical products 108 116 114 116 118 115 124 134 130 131
Manufacture of electrical equipment 114 120 131 130 136 139 145 137 144 156
Manufacture of machinery and equipment n.e.c. 148 147 175 184 184 197 195 200 227 225
Manufacture of motor vehicles, trailers and semi-trailers 59 58 68 68 69 72 75 76 83 88
Manufacture of other transport equipment 70 71 81 89 88 85 94 112 125 128
Manufacture of furniture 610 641 704 719 735 742 799 809 923 957

News

The decline in industrial production was slower in November

According to Statistics Estonia, in November 2023, the total production of industrial enterprises decreased by 5.8% at constant prices compared with the corresponding month of 2022. Output fell in all three sectors: by 10.8% in electricity production, by 5.4% in manufacturing and by 2.4% in mining.
Read more 5. January 2024
News

Industrial production continued to fall in October

According to Statistics Estonia, in October 2023, the total production of industrial enterprises decreased by 12.2% at constant prices compared with the corresponding month of 2022. Output declined in two of the three main sectors: by 14.0% in electricity production and by 12.6% in manufacturing. In mining, output increased by 12.9%.
Read more 4. December 2023

On 23 February, the phone line of Statistics Estonia’s customer support is open until 12:00 pm. Happy anniversary of the Republic of Estonia!