Estonia’s trade deficit widened to EUR 352 million in November of 2022, from EUR 132.5 million in the same month a year earlier, pointing to the largest trade gap since April. Exports remained at the level of previous year to EUR 1,744 million, boosted by natural gas, communication equipment and prefabricated wooden buildings. The top partner countries for Estonia’s exports were Finland (17 percent of total exports), Latvia (13 percent), and Sweden (10 percent). Meanwhile, imports rose by 12 percent to EUR 2,096 million, largely driven by electricity, motor fuels and natural gas. The main partner countries for Estonia’s imports of goods were Finland (17 percent), Lithuania (11 percent), and Latvia (11 percent). For the first eleven months of the year, the trade shortfall surged to EUR 3,042 million, from EUR 1,554 million in the same period of 2021. source: Statistics Estonia
Balance of Trade in Estonia averaged -124.46 EUR Million from 1993 until 2022, reaching an all time high of 26.99 EUR Million in October of 2020 and a record low of -523.44 EUR Million in April of 2022. 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 2023.