Exports in Estonia

Estonia Exports | Economic News & Forecasts

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  

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Estonia Exports Chart

Estonia Exports
Note: Exports in EUR billion.
Source: Statistics Estonia.

Estonia Facts

Value Change Date
Exchange Rate1.120.65 %Dec 31

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