Estonia recorded a trade deficit of 2551. EUR Million in December of 2019. Estonia Balance of Trade - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Balance of Trade in Estonia averaged -119.86 EUR Million from 1993 until 2019, reaching an all time high of 16.52 EUR Million in February of 2010 and a record low of -411.47 EUR Million in January of 2017. This page provides - Estonia Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Statistics Estonia

Balance of Trade in Estonia is expected to be -160.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Estonia to stand at -130.00 in 12 months time. In the long-term, the Estonia Balance of Trade is projected to trend around -110.00 EUR Million in 2021, according to our econometric models.


Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Estonia Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
-255.10 -77.00 16.52 -411.47 1993 - 2019 EUR Million Monthly


Calendar GMT Actual Previous Consensus TEForecast
2019-11-11 06:00 AM Sep €-157M €-97M
2019-12-10 06:00 AM Oct €-184M €-157M €-150M
2020-01-09 06:00 AM Nov €-61M €-174M
2020-02-10 06:00 AM Dec €-255M €-77M € -110M
2020-03-11 06:00 AM Jan €-255M
2020-04-09 05:00 AM Feb
2020-05-11 05:00 AM Mar € -160M
2020-06-09 05:00 AM Apr


News Stream
Estonian Trade Deficit Narrows in June
Estonia's trade deficit narrowed to EUR 123.8 million in June 2019 from EUR 134.4 million in the same month last year. Imports fell 8 percent to EUR 1.29 billion, mainly dragged down by purchases of mineral products (-23 pct); raw materials and products chemical industry (-43 pct); mechanical appliance (-41 pct), and transport equipment (-67 percent). Imports declined mostly from Belarus (-79.1 pct); the UK (-38 pct); Netherlands (-22 pct); and Lithuania (-10 pct). Exports went down 8 percent to EUR 1.17 billion, led by mineral products (-29 pct); wood and articles wood (-15 pct); and base metals and articles of base metal (-13 pct). Among major trading partners, exports shrank mainly to Singapore (-99.1 pct); Latvia (-22 pct) and Norway (-42 pct). Considering the first half of the year the trade balance a posted of EUR 756 million deficit, compared to a EUR 947 million gap in the same period of 2018.
2019-08-09
Estonian Posts Smallest Trade Gap in 3 Months
Estonia's trade deficit narrowed to EUR 104.7 million in May 2019 from EUR 167 million in the same month last year. This was the smallest trade gap since February, as exports rose more than imports. Imports increased 3 percent to EUR 1.44 billion, mainly boosted by purchases of mechanical machinery (15 pct); metal & metal products (13 pct); agricultural products & food (10pct) and raw materials & products of chemical industry (19 pct). Imports rose mostly from Finland (1 pct); Germany (5 pct); Sweden (11 pct) and Lithuania (11 pct). Exports went up 8 percent to EUR 1.34 billion, led by electrical equipment (1 pct); minerals products (5 pct); miscellaneous manufactured articles (27 pct) and mechanical appliances (22 pct). Among major trading partners, exports grew mainly to Finland (6 pct); Sweden (1 pct) and the US (28 pct).
2019-07-09
Estonian Trade Gap Widens in April
Estonia's trade deficit widened to EUR 156.1 million in April 2019 from EUR 145.4 million in the same month last year. Imports increased 4 percent to EUR 1.40 billion, mainly boosted by purchases of transport equipment (11 pct); raw materials and products of chemical industry (14 pct); transport equipment (11 pct), and basic metals and articles of base metal (9 pct). Imports rose mostly from Sweden (42 pct); Russia (38 pct), and Lithuania (21 pct). Exports went up 4 percent to EUR 1.24 billion, led by agricultural products and food preparations (14 pct); wood and articles of wood (5 pct); mechanical appliances (5 pct), and electrical equipment (4 pct). Among major trading partners, exports grew the most to Australia (378.4 pct); the Netherlands (67 pct), and the US (44 pct). Considering the first four months of the year, the trade balance recorded a deficit of EUR 530 billion, compared with a deficit of EUR 645 billion in the same period of 2018.
2019-06-10
Estonia Trade Gap Narrows in March
Estonia's trade deficit narrowed to EUR 177 million in March 2019 from EUR 199.2 million in the same month last year. Imports increased 5 percent to EUR 1.41 billion, mainly boosted by purchases of metal and articles of base metal (16 pct); raw materials and products of chemical industry (11 pct); transport equipment (10 pct), and textiles and textile articles (9 pct). Imports rose mostly from, Finland (19 pct); Latvia (17 pct), and Sweden (14 pct). Exports went up at a faster 8 percent to EUR 1.23 billion, led by base metals and articles of base metal (28 pct); agricultural products and food preparations (15 pct), and mineral products (8 pct). Among major trading partners, exports grew the most to the US (142.2 pct); Belgium (125.7 pct), and Denmark (71 pct). Considering the first three months of the year, the trade balance recorded a deficit of EUR 392 billion, compared with a deficit of EUR 500 billion in the same period of 2018.
2019-05-10

Estonia Balance of Trade
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.