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

Estonian trade deficit widened to EUR 152.7 million in May 2017 from EUR 146.7 million in the same month a year earlier. Exports increased by 15 percent from the previous year to EUR 1,152 million, as sales rose the most for mineral products, agricultural products and food preparations, mechanical appliances, and wood and articles of wood. The biggest increases occurred in exports to Russia (up by 28 million euros), Canada (up by EUR 23 million), Saudi Arabia (up by EUR 20 million) and Germany (up by EUR 20 million). Meanwhile, imports grew by 14 percent to EUR 1,304 million, as purchases rose for mineral products, and base metals and articles of base metals. The biggest increase occurred in imports from Russia (up by 41 million euros) and Sweden (up by 17 million euros). In the first five months of the year, the trade gap widened to EUR 971.2 million from EUR 752.3 million in the same period of 2016. Balance of Trade in Estonia averaged -117.97 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 -407.61 EUR Million in January of 2017.

Estonia Balance of Trade
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Calendar GMT Actual Previous Consensus Forecast (i)
2017-05-10 05:00 AM Mar € -138M €-99.5M €-121.1M
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 € -153M
2017-09-11 05:00 AM Jul
2017-10-10 05:00 AM Aug

Estonia Trade Last Previous Highest Lowest Unit
Balance of Trade -152.74 -186.27 16.52 -407.61 EUR Million [+]
Exports 1151.55 1032.36 1191.05 32.11 EUR Million [+]
Imports 1304.29 1218.63 1351.19 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 July of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-152.74 -186.27 16.52 -407.61 1993 - 2017 EUR Million Monthly

balance of trade by Country

Australia 2471.00 May/17
Brazil 7195.00 Jun/17
Canada -1085.90 May/17
China 427.50 Jun/17
Euro Area 21417.50 May/17
France -4886.00 May/17
Germany 22000.00 May/17
India -12959.90 Jun/17
Indonesia 1631.20 Jun/17
Italy 4341.51 May/17
Japan 439.91 Jun/17
Mexico 61.53 Jun/17
Netherlands 4655.00 May/17
Russia 8519.00 May/17
South Korea 11400.00 Jun/17
Spain -1431000.00 May/17
Switzerland 2812.51 Jun/17
Turkey -7307.04 May/17
United Kingdom -3073.00 May/17
United States -46507.00 May/17