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

Estonia recorded a trade deficit of 112.60 EUR million in November of 2016, compared to a 93.79 EUR million gap a year earlier. Year-on-year, sales grew by 6.0 percent to 1,063.5 EUR million, mainly driven by wood and articles of wood (+13 percent), mechanical appliances (+16 percent), transport equipment (+13 percent). In contrast, sales fell for paper and articles of wood (-8 percent), electrical equipment (-2 percent) and mineral products (-1 percent). The top destination of Estonia’s exports was Sweden (17 percent of total sales), followed by Finland (17 percent) and Latvia (8 percent). Imports rose 7 percent to 1,176 EUR million, as purchases went up for base metals and articles of base metal (+25 percent), wood and articles of wood (+13 percent), raw materials and products of chemical industry (+16 percent), and textiles ad textile articles (+11 percent). Balance of Trade in Estonia averaged -116.62 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)
2016-11-09 06:00 AM Sep €-62.3M € -75.3 M
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 € -112.6M
2017-03-09 06:00 AM Jan
2017-04-10 05:00 AM Feb




Estonia Trade Last Previous Highest Lowest Unit
Balance of Trade -112.57 -144.53 16.52 -352.32 EUR Million [+]
Exports 1063.46 1029.34 1160.01 32.11 EUR Million [+]
Imports 1176.04 1173.87 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 January of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-112.57 -144.53 16.52 -352.32 1993 - 2016 EUR Million Monthly



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