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

Estonian trade deficit widened to EUR 215 million in May 2018 from EUR 153 million in the same month a year earlier. Imports rose 11 percent to EUR 1.5 billion, mainly boosted by higher purchases of mineral products (53 percent), transport equipment (18 percent) and electrical equipment (12 percent). Among major trading partners, imports rose mostly from Sweden (64 percent) and Russia (26 percent). Exports increased at a softer 7 percent to EUR 1.2 billion, due to higher sales of mineral products (40 percent) and wood and articles of wood (11 percent). Exports increased mostly to the US (113 percent), Latvia (26 percent) and Finland (10 percent). Considering the first five months of the year, the trade deficit narrowed to EUR 928 million from EUR 990 million in the same period of 2017. Balance of Trade in Estonia averaged -119.34 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
2018-05-10 05:00 AM Balance of Trade €-228M €-90M €-180M
2018-06-11 05:00 AM Balance of Trade €-171M €-230M €-170M
2018-07-10 05:00 AM Balance of Trade €-215M €-176M €-130M
2018-08-09 05:00 AM Balance of Trade €-215M € -150M
2018-09-10 05:00 AM Balance of Trade €-210M
2018-10-10 05:00 AM Balance of Trade €-125M


Estonia Trade Last Previous Highest Lowest Unit
Balance of Trade -214.66 -176.24 16.52 -410.40 EUR Million [+]
Exports 1233.84 1193.35 1233.84 32.11 EUR Million [+]
Imports 1448.50 1369.59 1448.50 30.63 EUR Million [+]
Current Account -35.10 256.50 291.10 -751.70 EUR Million [+]
Current Account to GDP 3.20 1.90 3.20 -15.00 percent [+]
External Debt 19424.30 19212.40 19830.70 883.10 EUR Million [+]
Capital Flows 4.50 550.80 633.50 -641.70 EUR Million [+]
Foreign Direct Investment 21.70 181.20 1057.90 -437.60 EUR Million [+]
Remittances 92.90 111.80 111.80 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 July of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-214.66 -176.24 16.52 -410.40 1993 - 2018 EUR Million Monthly




balance of trade by Country
Country Last
Australia 827.00 May/18
Brazil 5881.58 Jun/18
Canada -2771.20 May/18
China 416.13 Jun/18
Euro Area 16514.10 May/18
France -6005.00 May/18
Germany 19669.00 May/18
India -16600.00 Jun/18
Indonesia 1742.60 Jun/18
Italy 3377.54 May/18
Japan 721.41 Jun/18
Mexico -1587.00 May/18
Netherlands 5030.00 May/18
Russia 15151.00 May/18
South Korea 6331.21 Jun/18
Spain -3050045.00 Apr/18
Switzerland 1309.00 Jun/18
Turkey -7759.34 May/18
United Kingdom -2790.00 May/18
United States -43053.00 May/18


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