Imports to Estonia decreased 8 percent from a year earlier to EUR 1.29 billion in June of 2019, 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). Imports in Estonia averaged 690.32 EUR Million from 1993 until 2019, reaching an all time high of 1550.20 EUR Million in October of 2018 and a record low of 30.63 EUR Million in January of 1993.
Imports in Estonia is expected to be 1510.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Imports in Estonia to stand at 1420.00 in 12 months time. In the long-term, the Estonia Imports is projected to trend around 1620.00 EUR Million in 2020, according to our econometric models.