In July, the share of goods of Estonian origin was the lowest in recent years

news release no 109

According to Statistics Estonia, in July 2019, compared to July 2018, the exports of goods decreased by 2% and imports increased by 5%. The share of goods of Estonian origin was the lowest in recent years—66% of total exports.

In July, exports from Estonia amounted to 1.2 billion euros and imports to Estonia to 1.4 billion euros at current prices. The exports of mineral products (shale oil, motor spirit, fuel additives) decreased by nearly half, but the decline was offset by increased exports in other commodity groups. The trade deficit was 211 million euros, which was 88 million euros more than in the same period last year.

In July, the top destination countries of Estonia’s exports were Finland (16% of Estonia’s total exports), Latvia (10%) and Sweden (9%). Electrical equipment and base metals and articles of base metal were the main commodities exported to Finland; mineral products (fuel additives, electricity), agricultural products and food preparations (milk, beer) to Latvia; miscellaneous manufactured articles (prefabricated wood buildings) and wood and articles of wood (pulpwood, sawn timber) to Sweden. The biggest decrease occurred in exports of mineral products to Saudi Arabia (down by 46 million euros). The biggest increase occurred in exports to Lithuania (up by 22 million euros), Denmark (up by 19 million euros) and Latvia (up by 16 million euros). The biggest increase in exports to Lithuania was in transport equipment (cars); and to Denmark and Latvia in exports of mineral products.

The biggest share in exports of goods was held by electrical equipment (15% of Estonia’s total exports), followed by mineral products (12%) and mechanical appliances (10%). The biggest impact on the decline in exports came from mineral products (down by 125 million euros). The biggest increases were in exports of transport equipment (up by 26 million euros) and mechanical appliances (up by 26 million euros).

The exports of goods of Estonian origin decreased by 10% compared to July 2018, while re-exports increased by 16%. In the exports of goods of Estonian origin, the biggest decrease was in the exports of mineral products and the biggest increase was in mechanical appliances and miscellaneous manufactured articles.

In July, the main countries of consignment were Finland (13% of Estonia’s total imports), Germany (11%), Lithuania and Russia (both 10%). The main commodities imported were: mineral products and base metals, and articles of base metal from Finland; transport equipment and mechanical appliances from Germany; mineral products, agricultural products and food preparations from Lithuania; and mineral products from Russia. Imports increased the most from Russia (up by 25 million euros), Sweden (up by 22 million euros) and from Finland (up by 20 million euros). From Russia, imports of mechanical appliances, from Sweden of transport equipment, and from Finland of mineral products increased the most. Imports decreased the most from Belarus (down by 28 million euros), due to a decrease in the imports of mineral products (motor spirit, heavy oil).

The main commodities imported to Estonia were mineral products (13% of Estonia’s total imports), transport equipment and electrical equipment (both 12%). The biggest increase was in the imports of transport equipment, and base metals and articles of base metal (both up by 27 million euros) and the biggest decrease in the imports of mineral products (down by 22 million euros).

Main foreign trade partners of Estonia, July 2019
Country of destination, group of countries Exports, million euros Share, % Change on same month of previous year, % Country of consignment, group of countries Imports, million euros Share, % Change on same month of previous year, %
TOTAL 1,165 100 -2 TOTAL 1,376 100 5
EU-28 813 70 7 EU-28 1,071 78 6
Euro area 19 577 50 8 Euro area 19 767 56 4
Non-EU 352 30 -19 Non-EU 305 22 0
1. Finland 189 16 -1 1. Finland 182 13 12
2. Latvia 119 10 16 2. Germany 142 10 -5
3. Sweden 107 9 4 3. Lithuania 132 10 5
4. Lithuania 87 7 34 4. Russia 132 10 23
5. USA 85 7 9 5. Sweden 125 9 21
6. Russia 82 7 15 6. Latvia 109 8 -1
7. Germany 71 6 8 7. Poland 87 6 10
8. Denmark 55 5 54 8. China 51 4 -5
9. Norway 36 3 -7 9. Netherlands 50 4 -24
10. Netherlands 29 3 2 10. Italy 37 3 13
Exports and imports by commodity section, July 2019
Commodity section (chapter) by Combined Nomenclature (CN) Exports Imports Balance, million euros
million euros share, % change compared to same period of previous year, % million euros share, % change compared to same period of previous year, %
TOTAL 1,165 100 -2 1,376 100 5 -211
Agricultural products and food preparations (I–IV) 98 9 11 135 10 6 -37
Mineral products (V) 140 12 -47 178 13 -11 -38
Raw materials and products of chemical industry (VI) 63 5 7 123 9 12 -60
Articles of plastics and rubber (VII) 37 3 10 77 6 11 -40
Wood and articles of wood (IX) 109 9 5 47 3 8 62
Paper and articles thereof (X) 26 2 -13 23 2 12 2
Textiles and textile articles (XI) 29 3 -5 56 4 8 -27
Base metals and articles of base metal (XV) 102 9 11 148 11 22 -46
Mechanical appliances (84) 115 10 29 144 10 -1 -30
Electrical equipment (85) 176 15 2 160 12 -9 16
Transport equipment (XVII) 96 8 37 164 12 20 -68
Optical, measuring, precision instruments (XVIII) 38 3 8 28 2 -3 10
Miscellaneous manufactured articles (XX) 92 8 10 34 2 13 58
Other 45 4 13 58 4 11 -13

The statistics are based on the questionnaires “Intrastat” and “Exports (sale of fish and crustaceans in foreign waters and ports)”, the due dates of which were, respectively, 14 and 15 July 2019, and on the customs declaration data of the Estonian Tax and Customs Board, which were sent to Statistics Estonia on 21 July 2019. Statistics Estonia published the monthly summary of foreign trade in 13 working days. In the case of the statistical activity “Foreign trade”, the main representative of public interest is the Ministry of Economic Affairs and Communications, commissioned by whom Statistics Estonia collects and analyses the data necessary for conducting the statistical activity.

For further information:

Evelin Puura
Leading Analyst
Enterprise and Agricultural Statistics Department
Statistics Estonia
Tel +372 625 9259

More detailed data have been published in the statistical database and pre-defined tables. Due to rounding, the sum of rows in some tables July differ from the sum total of the column. Visualized data of Estonia’s foreign trade can be viewed in Statistics Estonia’s application.