Estonia Balance of Trade  1993-2017 | Data | Chart | Calendar | Forecast

Estonian trade deficit narrowed to EUR 122.8 million in June 2017 from EUR 156.1 million in the same month a year earlier. Exports increased by 11 percent from the previous year to EUR 1.08 billion, as sales went up the most for mineral products, mechanical appliances, and wood and articles of wood. The biggest increases occurred in exports to the Netherlands (up by EUR 34 million), Russia (up by EUR 29 million) and Germany (up by EUR 21 million). Meanwhile, imports grew by 6 percent to EUR 1.20 billion, as purchases rose for transport equipment, and base metals and articles of base metals. The biggest increase occurred in imports from Sweden (up by EUR 28 million), Latvia, the Netherlands and France (all up by EUR 10 million). In the first six months of the year, the trade gap widened to EUR 1.08 billion from EUR 0.91 billion in the same period of 2016. Balance of Trade in Estonia averaged -117.94 EUR Million from 1993 until 2017, reaching an all time high of 16.52 EUR Million in February of 2010 and a record low of -408.32 EUR Million in January of 2017.

Estonia Balance of Trade
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Calendar GMT Actual Previous Consensus Forecast (i)
2017-06-09 05:00 AM Apr €-189M €-130.7M €-148M
2017-07-10 05:00 AM May € -153M €-186.3M €-172M
2017-08-09 05:00 AM Jun € -122.8M € -145.1M €-162M
2017-09-11 05:00 AM Jul € -122.8M
2017-10-10 05:00 AM Aug
2017-11-09 06:00 AM Sep


Estonia Trade Last Previous Highest Lowest Unit
Balance of Trade -122.78 -145.05 16.52 -408.32 EUR Million [+]
Exports 1081.02 1158.28 1190.66 32.11 EUR Million [+]
Imports 1203.80 1303.34 1351.17 30.63 EUR Million [+]
Current Account 98.50 209.40 289.10 -751.70 EUR Million [+]
Current Account to GDP 2.70 2.20 2.70 -15.00 percent [+]
External Debt 18935.00 19039.50 19830.70 883.10 EUR Million [+]
Capital Flows 245.60 309.40 633.50 -641.70 EUR Million [+]
Foreign Direct Investment 391.70 139.20 1057.90 -390.50 EUR Million [+]
Remittances 91.20 63.60 95.00 1.70 EUR Million [+]
Gold Reserves 0.25 0.25 0.25 0.25 Tonnes [+]
Terrorism Index 1.10 0.08 1.10 0.00 [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Estonia Balance of Trade Notes

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. This page provides - Estonia Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Estonia Balance of Trade - actual data, historical chart and calendar of releases - was last updated on August of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-122.78 -145.05 16.52 -408.32 1993 - 2017 EUR Million Monthly



balance of trade by Country

Last
Australia 856.00 Jun/17
Brazil 6298.00 Jul/17
Canada -3601.90 Jun/17
China 467.36 Jul/17
Euro Area 26587.50 Jun/17
France -4657.00 Jun/17
Germany 22324.00 Jun/17
India -11449.80 Jul/17
Indonesia -271.20 Jul/17
Italy 4502.18 Jun/17
Japan 418.77 Jul/17
Mexico 61.53 Jun/17
Netherlands 6620.00 Jun/17
Russia 8690.00 Jun/17
South Korea 10646.00 Jul/17
Spain -1431000.00 May/17
Switzerland 2812.51 Jun/17
Turkey -6010.95 Jun/17
United Kingdom -4564.00 Jun/17
United States -43642.00 Jun/17