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

Estonia recorded a trade deficit of 430.3 EUR million in January of 2017, compared to a 155.7 EUR million gap a year earlier. It was the largest deficit on record as exports rose less than imports. Year-on-year, sales grew by 14 percent to 936.8 EUR million, mainly driven by mineral products (63 percent), raw materials and products of chemical industry (48 percent), base metals and articles of base metal (54 percent), and wood and articles of wood (21 percent). In contrast, sales fell for mechanical appliances (-17 percent) and optical, measuring, precision instruments (-9 percent). The top destination of Estonia’s exports were Sweden (15 percent of total sales), Finland (15 percent), and Latvia (9 percent). Imports rose 40 percent to 1,367.1 EUR million, as purchases went up for mineral products (23 percent), raw materials and products of chemical industry (23 percent), wood and articles of wood (33 percent), and base metals and articles of base metal (31 percent). Balance of Trade in Estonia averaged -117.77 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 -430.33 EUR Million in January of 2017.

Estonia Balance of Trade
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
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 €-430.3M € -170M €-162M
2017-04-10 05:00 AM Feb €-430.3M
2017-05-10 05:00 AM Mar
2017-06-09 05:00 AM Apr




Estonia Trade Last Previous Highest Lowest Unit
Balance of Trade -430.33 -169.99 16.52 -430.33 EUR Million [+]
Exports 936.76 986.01 1160.01 32.11 EUR Million [+]
Imports 1367.09 1155.99 1367.09 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 [+]



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 March of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-430.33 -169.99 16.52 -430.33 1993 - 2017 EUR Million Monthly



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