Estonia Balance of Trade  1993-2017 | Data | Chart | Calendar | Forecast

Estonia posted a trade deficit of 96.6 EUR million in February of 2017, compared to a 139.9 EUR million gap in the same month a year earlier. It was the smallest trade gap since November 2016, as exports rose 6 percent year-on-year to EUR 975.9 million while imports grew by 1.0 percent to EUR 1,072.5 million. In February, sales increased for: mineral products (42 percent), wood and articles of wood (12 percent) and base metals (11 percent). In contrast, exports fell for agricultural products (-8 percent) and electrical equipment (-20 percent). The top destination countries of Estonia’s exports were Finland (16 percent of total share), Sweden (14 percent of total) and Latvia (8 percent of total). Imports were up for: mineral products (28 percent), raw materials and chemical industry (9 percent), base metals and articles of base metal (10 percent). In contrast, purchases declined for electrical equipment (-21 percent) and paper (-7 percent). Balance of Trade in Estonia averaged -117.64 EUR Million from 1993 until 2017, reaching an all time high of 16.52 EUR Million in February of 2010 and a record low of -415.43 EUR Million in January of 2017.

Estonia Balance of Trade
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2017-02-09 06:00 AM Dec € -170.3M € -96.1M € -152M
2017-03-09 06:00 AM Jan €-430.3M € -170M €-162M
2017-04-10 05:00 AM Feb €-96.6M €-415.4M €-222M
2017-05-10 05:00 AM Mar €-96.6M
2017-06-09 05:00 AM Apr
2017-07-10 05:00 AM May




Estonia Trade Last Previous Highest Lowest Unit
Balance of Trade -96.63 -415.43 16.52 -415.43 EUR Million [+]
Exports 975.88 945.21 1160.01 32.11 EUR Million [+]
Imports 1072.52 1360.64 1360.64 30.63 EUR Million [+]
Current Account 209.40 289.10 289.10 -751.70 EUR Million [+]
Current Account to GDP 1.90 1.00 2.50 -15.00 percent [+]
External Debt 19039.50 19140.40 19830.70 883.10 EUR Million [+]
Capital Flows 309.40 335.20 633.50 -641.70 EUR Million [+]
Foreign Direct Investment 391.70 139.20 1057.90 -390.50 EUR Million [+]
Remittances 91.20 63.60 95.00 1.70 EUR Million [+]
Gold Reserves 0.25 0.25 0.25 0.25 Tonnes [+]
Terrorism Index 1.10 0.08 1.10 0.00 [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Estonia Balance of Trade Notes

In recent years Estonia’s exports grew significantly. The biggest share in Estonia’s exports are machinery and equipment (mainly wireless-network gear, wind generators), mineral products and agricultural products and food preparations. Main exports partners are Sweden, Finland, and Russia. Being a small state, Estonia has to import many goods. The biggest share in Estonia’s imports are machinery and equipment, mineral products and agricultural products and food preparations. Main import partners are Finland, Sweden and Germany. This page provides - Estonia Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Estonia Balance of Trade - actual data, historical chart and calendar of releases - was last updated on April of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-96.63 -415.43 16.52 -415.43 1993 - 2017 EUR Million Monthly



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