Exports in Estonia

Estonia - Exports
Following Q4’s accelerating momentum on a bustling external sector, economic activity in Q1 2022 likely declined in quarter-on-quarter terms, reflecting both a tough statistical base of comparison and downbeat underlying conditions. February’s industrial production declined again from the month prior, though more moderately than in January. With key imports from Russia potentially affected by the war, March could also have seen the transportation, wood and construction sectors negatively impacted. In the same month, economic sentiment dipped below the 100-mark for the first time in a year, while consumer confidence plummeted amid persistent surges in energy prices, boding poorly for private spending. In late March, the government announced a EUR 600 million investment in defense for 2022–2025, on top of January’s EUR 380 million defense bill. This should boost government spending ahead.Estonia - Exports Data
2015 | 2016 | 2017 | 2018 | 2019 | |
---|---|---|---|---|---|
Exports (USD billion) | 12.8 | 13.2 | 14.6 | 17.0 | 16.1 |
Estonia Exports Chart

Source: Statistics Estonia.
Estonia Facts
Value | Change | Date | |
---|---|---|---|
Exchange Rate | 1.12 | 0.65 % | Dec 31 |
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Economic News
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Estonia: Inflation comes in at highest level since September 1996 in April
May 6, 2022
Consumer prices rose 3.56% over the previous month in April, accelerating from March's 2.67% increase.
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Estonia: Industrial output growth rises in March
May 3, 2022
Industrial output expanded 7.9% year-on-year in seasonally- and calendar-adjusted terms in March, which followed February's 1.7% increase.
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Estonia: Inflation comes in at highest level since November 1996 in March
April 7, 2022
Consumer prices rose 2.67% from the previous month in March, picking up from the 1.45% increase logged in February.
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Estonia: Industrial output in February records worst reading since February 2021
April 6, 2022
Industrial output grew 1.7% year-on-year in seasonally- and calendar-adjusted terms in February (January: +2.4%).
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Estonia: Industrial output records slowest expansion since February 2021 in January
March 10, 2022
Industrial output grew 1.4% year-on-year in seasonally- and calendar-adjusted terms in January, which followed December's 8.2% increase.