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

Estonia recorded a trade deficit of 170.3 EUR million in December of 2016, compared to a 168.4 EUR million gap a year earlier. Year-on-year, sales rose 10.0 percent to 0.99 EUR bilion while imports went up 8.0 percent to 1.16 EUR billion. Considering full 2016, exports grew by 3.0 percent from the same period a year earlier to 11.89 EUR billion, driven by electrical equipment (22 percent of total sales), wood and articles of wood (10 percent of total share) and agricultural products and food preparations (9 percent of total share). The main destination countries of the country's exports were Sweden (18 percent of total sales), Finland (16 percent of total share) and Latvia (9 percent of total share). Imports also increased by 3.0 percent to 13.50 EUR billion. That brought trade deficit of 1.62 EUR billion during the year, compared to a 1.55 EUR billion deficit in 2015. Balance of Trade in Estonia averaged -116.76 EUR Million from 1993 until 2016, reaching an all time high of 16.52 EUR Million in February of 2010 and a record low of -352.32 EUR Million in April of 2007.

Estonia Balance of Trade
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-12-09 06:00 AM Oct €-150.8M €-79.9M
2017-01-10 06:00 AM Nov € -112.6M €-150.8M
2017-02-09 06:00 AM Dec € -170.3M € -96.1M € -152M
2017-03-09 06:00 AM Jan € -170.3M
2017-04-10 05:00 AM Feb
2017-05-10 05:00 AM Mar




Estonia Trade Last Previous Highest Lowest Unit
Balance of Trade -170.31 -96.08 16.52 -352.32 EUR Million [+]
Exports 988.06 1063.48 1160.01 32.11 EUR Million [+]
Imports 1158.37 1159.57 1331.64 30.63 EUR Million [+]
Current Account 289.10 104.40 289.10 -751.70 EUR Million [+]
Current Account to GDP 1.90 1.00 2.50 -15.00 percent [+]
External Debt 19140.40 19566.10 19830.70 883.10 EUR Million [+]
Capital Flows 335.20 267.70 633.50 -641.70 EUR Million [+]
Foreign Direct Investment 114.90 140.20 1057.90 -390.50 EUR Million [+]
Remittances 56.30 55.10 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 [+]



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 February of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-170.31 -96.08 16.52 -352.32 1993 - 2016 EUR Million Monthly



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