Estonia Balance of Trade  1993-2018 | Data | Chart | Calendar | Forecast

Estonian trade deficit narrowed to EUR 92.7 million in February 2018 from EUR 100.2 million in the same month a year earlier. Exports increased 15 percent to EUR 1.12 billion, mainly driven by higher sales of mineral products (64 percent), metals and articles of base metal (36 percent), mechanical appliances (14 percent) and electrical equipment (7 percent). Among major trading partners, exports rose to Singapore (8131 percent), Germany (40 percent) and the UK (87 percent). Meantime, imports went up at a softer 13 percent to EUR 1.21 billion, as purchases rose for mechanical appliances (30 percent), mineral products (25 percent) and transport equipment (20 percent). Imports rose from Belarus (453 percent), Finland (19 percent) and Latvia (24 percent). Considering January to February, the trade deficit narrowed to EUR 316 million from EUR 511 million in the same period of 2017. Balance of Trade in Estonia averaged -118.55 EUR Million from 1993 until 2018, reaching an all time high of 16.52 EUR Million in February of 2010 and a record low of -410.40 EUR Million in January of 2017.

Estonia Balance of Trade
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Calendar GMT Actual Previous Consensus TEForecast
2018-02-09 06:00 AM Balance of Trade €-195.4M €-110.6M €-140M
2018-03-12 06:00 AM Balance of Trade €-211.2M €-199.6M €-360M
2018-04-10 05:00 AM Balance of Trade €-93M €-223M €-140M
2018-05-10 05:00 AM Balance of Trade €-93M €-180M
2018-06-11 05:00 AM Balance of Trade
2018-07-10 05:00 AM Balance of Trade


Estonia Trade Last Previous Highest Lowest Unit
Balance of Trade -92.68 -222.79 16.52 -410.40 EUR Million [+]
Exports 1116.49 1030.10 1178.61 32.11 EUR Million [+]
Imports 1209.17 1252.89 1346.91 30.63 EUR Million [+]
Current Account 274.20 241.40 289.10 -751.70 EUR Million [+]
Current Account to GDP 3.20 1.90 3.20 -15.00 percent [+]
External Debt 19212.40 19087.40 19830.70 883.10 EUR Million [+]
Capital Flows 540.60 212.50 633.50 -641.70 EUR Million [+]
Foreign Direct Investment 3.40 446.50 1057.90 -437.60 EUR Million [+]
Remittances 111.00 91.50 111.00 1.70 EUR Million [+]
Gold Reserves 0.25 0.25 0.25 0.25 Tonnes [+]
Terrorism Index 0.46 1.10 1.10 0.00 [+]

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



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. 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 April of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-92.68 -222.79 16.52 -410.40 1993 - 2018 EUR Million Monthly




balance of trade by Country
Country Last
Australia 825.00 Feb/18
Brazil 6280.75 Mar/18
Canada -2686.00 Feb/18
China -49.83 Mar/18
Euro Area 18897.50 Feb/18
France -5186.00 Feb/18
Germany 18400.00 Feb/18
India -13690.00 Mar/18
Indonesia 1091.70 Mar/18
Italy 3104.28 Feb/18
Japan 797.35 Mar/18
Mexico 1062.00 Feb/18
Netherlands 4514.00 Feb/18
Russia 12192.00 Feb/18
South Korea 6865.00 Mar/18
Spain -2167000.00 Feb/18
Switzerland 2315.30 Mar/18
Turkey -5760.71 Feb/18
United Kingdom -965.00 Feb/18
United States -57591.00 Feb/18


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