Estonia’s trade deficit narrowed slightly to EUR 430 million in July 2026 from EUR 444 million in July 2025. Year-on-year, exports climbed 3% to EUR 1,457 million, driven by higher shipments to non-EU countries (+13%), while exports to EU countries were unchanged. Export growth was led by optical, measuring, and precision instruments (+15%), machinery and mechanical appliances (+13%), raw materials and products of the chemical industry (+13%), and miscellaneous manufactured articles (+11%). Meanwhile, imports increased 2% to EUR 1,886 million, supported by higher purchases from EU countries (+3%) and non-EU countries (+4%). Import growth was driven by wood and articles of wood (+17%), optical, measuring, and precision instruments (+13%), base metals and articles of base metals (+12%), and raw materials and products of the chemical industry (+10%). In January-July, the country recorded a trade deficit of EUR 2,324 million, compared with EUR 2,351 million in the same period of 2025. source: Statistics Estonia

Estonia recorded a trade deficit of 430 EUR Million in July of 2026. Balance of Trade in Estonia averaged -143.57 EUR Million from 1993 until 2026, reaching an all time high of 27.00 EUR Million in October of 2020 and a record low of -545.00 EUR Million in December 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 October of 2026.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-08-10 05:00 AM
Balance of Trade
Jun €-413M €-218M €-290.0M
2026-09-09 05:00 AM
Balance of Trade
Jul €-430M €-383M €-460.0M
2026-10-12 05:00 AM
Balance of Trade
Aug €-430M €-250.0M



Components Last Previous Unit Reference
Exports 1457.00 1673.00 EUR Million Jul 2026
Imports 1886.00 2056.00 EUR Million Jul 2026

Related Last Previous Unit Reference
Balance of Trade -430.00 -383.00 EUR Million Jul 2026
Capital Flows 86.10 3.10 EUR Million Jun 2026
Current Account -290.00 -95.30 EUR Million Jun 2026
Current Account to GDP 0.30 -1.70 percent of GDP Dec 2025
Exports by Category
Exports by Country
External Debt 43684.20 42254.30 EUR Million Jun 2026
External Debt to GDP 100.00 100.00 percent of GDP Mar 2026
Foreign Direct Investment 838.10 -197.90 EUR Million Jun 2026
Gold Reserves 0.25 0.25 Tonnes Mar 2026
Imports by Category
Imports by Country
Natural Gas Imports 2728.40 413.10 Terajoule Aug 2026
Remittances 68.80 81.70 EUR Million Jun 2026
Terrorism Index 0.00 0.00 Points Dec 2025


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.
Actual Previous Highest Lowest Dates Unit Frequency
-430.00 -383.00 27.00 -545.00 1993 - 2026 EUR Million Monthly

News Stream
Estonia Trade Deficit Narrows Slightly in July
Estonia’s trade deficit narrowed slightly to EUR 430 million in July 2026 from EUR 444 million in July 2025. Year-on-year, exports climbed 3% to EUR 1,457 million, driven by higher shipments to non-EU countries (+13%), while exports to EU countries were unchanged. Export growth was led by optical, measuring, and precision instruments (+15%), machinery and mechanical appliances (+13%), raw materials and products of the chemical industry (+13%), and miscellaneous manufactured articles (+11%). Meanwhile, imports increased 2% to EUR 1,886 million, supported by higher purchases from EU countries (+3%) and non-EU countries (+4%). Import growth was driven by wood and articles of wood (+17%), optical, measuring, and precision instruments (+13%), base metals and articles of base metals (+12%), and raw materials and products of the chemical industry (+10%). In January-July, the country recorded a trade deficit of EUR 2,324 million, compared with EUR 2,351 million in the same period of 2025.
2026-09-09
Estonia Trade Deficit Widens in June
Estonia’s trade deficit widened to EUR 413 million in June 2026 from EUR 361 million in the same month last year. Exports climbed 15% year-on-year to EUR 1,657 million, boosted by higher sales to both EU countries (+19%) and non-EU countries (+5%). Exports rose for mineral products (+62%), raw materials and products of the chemical industry (+25%), base metals and articles of base metals (+25%), machinery and mechanical appliances (+20%), agricultural products and food preparations (+15%), and transport equipment (+14%). Imports also jumped 15% to EUR 2,070 million, driven by higher purchases from both EU (+14%) and non-EU (+18%) countries. Notable increases were seen in mineral products (+86%), electrical equipment (+29%), wood and articles of wood (+19%), and machinery and mechanical appliances (+19%). In the first half of the year, the country recorded a trade shortfall of EUR 1,920 million, up from EUR 1,908 million in the same period of 2025.
2026-08-10
Estonia Trade Gap Smallest in Nearly 2 Years
Estonia’s trade deficit narrowed to EUR 224 million in May 2026 from EUR 287 million in May 2025, marking the smallest trade gap since August 2024. Year-on-year, exports climbed 9% to EUR 1,720 million, driven by higher shipments to both EU countries (+13%) and non-EU countries (+14%). Export growth was led by mineral products (+64%), machinery and mechanical appliances (+25%), transport equipment (+6%), electrical equipment (+4%), and miscellaneous manufactured articles (+12%). Meanwhile, imports advanced 4% to EUR 1,945 million, supported by higher purchases from EU countries (+9%) and non-EU countries (+8%). Import growth was driven by mineral products (+38%), electrical equipment (+18%), machinery and mechanical appliances (+15%), transport equipment (+8%), and raw materials and products of the chemical industry (+9%). In the first five months of the year, the country recorded a trade deficit of EUR 1,512 million, compared with EUR 1,546 million in the same period of 2025.
2026-07-10