Estonia’s trade deficit narrowed to EUR 131 million in December 2020 from EUR 259 million in the same month the previous year. It was the second straight month of deficit in the trade balance, amid coronavirus pandemic. Exports jumped 25 percent from a year earlier at EUR 1.344 billion, while imports rose 10 percent to EUR 1.475 billion. Considering 2020 full year, the trade deficit narrowed to EUR 845 million from EUR 1.708 billion in the corresponding period of 2019. source: Statistics Estonia
Balance of Trade in Estonia averaged -119.53 EUR Million from 1993 until 2020, 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. Estonia Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on February of 2021.
Balance of Trade in Estonia is expected to be -130.00 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.