Estonia's trade deficit widened to EUR 76 million in September 2018 from EUR 70.3 million in the same month last year. Imports increased 11 percent to EUR 1.32 billion, mainly boosted by purchases of mineral products (108 percent), and wood and articles of woods (10 percent). Imports rose mostly from Russia (103.2 percent); Sweden (26 percent), and Finland (15 percent). Exports went up 11 percent to EUR 1.24 billion, led by sales of mineral products (148 percent); and wood and articles woods (10 percent). Among major trading partners, exports grew the most to the US (439.3 percent), Singapore (10,176 percent). In the first nine months of the year, the trade deficit narrowed slightly to EUR 1.44 billion from EUR 1.47 billion in the same period of 2017. Balance of Trade in Estonia averaged -119.44 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 -411.75 EUR Million in January of 2017.

Estonia Balance of Trade
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Calendar GMT Actual Previous Consensus TEForecast
2018-09-10 05:00 AM Balance of Trade €-137M €-158M €-210M
2018-10-10 05:00 AM Balance of Trade €-155M €-130M €-125M
2018-11-09 06:00 AM Balance of Trade €-76M €-165M € -70M
2018-12-10 06:00 AM Balance of Trade €-76M €-235M


Estonia Trade Last Previous Highest Lowest Unit
Balance of Trade -76.00 -165.00 16.52 -411.75 EUR Million [+]
Exports 1241.20 1187.70 1265.03 32.11 EUR Million [+]
Imports 1317.60 1352.60 1442.17 30.63 EUR Million [+]
Current Account 117.80 -80.20 276.70 -751.70 EUR Million [+]
Current Account to GDP 3.20 1.90 3.20 -15.00 percent [+]
External Debt 19847.90 19424.30 19847.90 883.10 EUR Million [+]
Capital Flows 73.80 4.50 633.50 -641.70 EUR Million [+]
Foreign Direct Investment 907.80 34.10 1057.90 -437.50 EUR Million [+]
Remittances 71.30 92.90 111.80 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 November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-76.00 -165.00 16.52 -411.75 1993 - 2018 EUR Million Monthly




Country Last
Argentina 314.00 Sep/18
Australia 3017.00 Sep/18
Brazil 6121.36 Oct/18
Canada -416.30 Sep/18
China 340.16 Oct/18
Euro Area 13141.70 Sep/18
France -5663.00 Sep/18
Germany 18395.00 Sep/18
India -17130.00 Oct/18
Indonesia -1819.90 Oct/18
Italy 1274.37 Sep/18
Japan 139.56 Sep/18
Mexico -194.00 Sep/18
Netherlands 4949.00 Sep/18
Russia 18485.00 Sep/18
Saudi Arabia 162782.00 Jun/18
Singapore 4520.91 Oct/18
South Africa -2950.00 Sep/18
South Korea 6552.00 Oct/18
Spain -3057300.00 Aug/18
Switzerland 1447.00 Sep/18
Turkey -1869.47 Sep/18
United Kingdom -27.00 Sep/18
United States -54019.00 Sep/18


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