Exports in Estonia

Estonia Exports (EUR bn, %) | Economic News & Forecasts

Estonia - Exports (percent change based on Euros)

Growth seems to have remained suppressed in the third quarter, following the second quarter’s marked deceleration. Industrial output slumped in July–August amid tumbling mining activity and nearly stagnant manufacturing sector. Moreover, sliding confidence in the construction and manufacturing sectors in September suggests production continued to fall further at the end of the quarter. Externally, merchandise exports dipped for a third consecutive month in August as demand from the EU dried up. That said, consumer demand seems to have held up in Q3, as reflected by slightly stronger retail sales growth in July–August, amid a fall in the unemployment rate in July and improved consumer confidence in the quarter. In other news, on 4 October, Fitch Ratings affirmed the country’s AA- credit rating with a stable outlook, citing the country’s sustained fiscal prudence and extremely low public debt ratio.

Estonia - Exports (EUR bn, %) Data

2013  2014  2015  2016  2017  
Exports (annual variation in %)2.0  0.5  -3.1  5.7  6.4  

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Estonia Exports (EUR bn, %) Chart


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

Estonia Facts

ValueChangeDate
Exchange Rate1.100.65 %Sep 04
Stock Market1,235-0.38 %Sep 04

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