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. source: Statistics Estonia

Estonia recorded a trade deficit of 224 EUR Million in May of 2026. Balance of Trade in Estonia averaged -142.26 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 July of 2026.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-06-09 05:00 AM
Balance of Trade
Apr €-365M €-227M €-320.0M
2026-07-10 05:00 AM
Balance of Trade
May €-224M €-371M €-390.0M
2026-08-10 05:00 AM
Balance of Trade
Jun €-224M



Components Last Previous Unit Reference
Exports 1720.00 1790.00 EUR Million May 2026
Imports 1945.00 2160.00 EUR Million May 2026

Related Last Previous Unit Reference
Balance of Trade -224.00 -371.00 EUR Million May 2026
Capital Flows -11.80 1416.10 EUR Million Mar 2026
Current Account -148.40 408.40 EUR Million Mar 2026
Current Account to GDP -0.20 -1.20 percent of GDP Dec 2025
Exports by Category
Exports by Country
External Debt 42002.70 41541.90 EUR Million Mar 2026
External Debt to GDP 100.00 100.00 percent of GDP Mar 2026
Foreign Direct Investment -315.30 553.30 EUR Million Mar 2026
Gold Reserves 0.25 0.25 Tonnes Dec 2025
Imports by Category
Imports by Country
Natural Gas Imports 4409.00 4312.00 Terajoule May 2026
Remittances 81.70 197.90 EUR Million Mar 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
-224.00 -371.00 27.00 -545.00 1993 - 2026 EUR Million Monthly

News Stream
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
Estonia Trade Deficit Widens in April
Estonia’s trade deficit widened to EUR 365 million in April 2026 from EUR 347 million in the same month last year. Exports climbed 13% year-on-year to EUR 1,786 million, boosted by higher sales to both EU countries (+16%) and non-EU countries (+17%). Exports rose for mineral products (+76%), raw materials and products of the chemical industry (+23%), machinery and mechanical appliances (+21%), miscellaneous manufactured articles (+15%), electrical equipment (+13%), and transport equipment (+11%). Imports jumped 12% to EUR 2,151 million on higher purchases from both EU (+11%) and non-EU (+10%) countries. Among commodities, notable increases were seen in mineral products (+69%), optical, measuring and precision instruments (+33%), machinery and mechanical appliances (+14%), and electrical equipment (+14%). Over the first four months of the year, the country recorded a trade shortfall of EUR 1,268 million, marginally higher than the EUR 1,259 million recorded in the same period of 2025.
2026-06-09
Estonia Trade Gap Narrows in March
Estonia’s trade deficit narrowed to EUR 234 million in March 2026 from EUR 268 million in the same month a year earlier, as exports rose faster than imports. Year-on-year, exports climbed 8% to EUR 1,849 million, driven by higher shipments to both EU countries (+16%) and non-EU countries (+19%). Among commodities, gains were recorded in electrical equipment (+26%), machinery and mechanical appliances (+18%), articles of plastic and rubber (+12%), mineral products (+9%), and raw materials and chemical products (+9%). Meanwhile, imports advanced 6% to EUR 2,083 million, supported by higher purchases from EU countries (+4%) and non-EU countries (+4%). Key arrivals included base metals and articles of base metal (+36%), electrical equipment (+21%), wood and articles of wood (+10%), and agricultural products and food preparations (+10%). In the first three months of the year, the country recorded a trade shortfall of EUR 923 million, compared with EUR 912 million in the same period of 2025.
2026-05-11