Estonia Balance of Trade  Forecast


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Balance of Trade in Estonia is expected to be -113.15 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Estonia to stand at -115.66 in 12 months time. In the long-term, the Estonia Balance of Trade is projected to trend around -111.35 EUR Million in 2020, according to our econometric models.


Estonia Trade Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Balance of Trade -99.52 -113 -117 -116 -116 -111
Exports 1091 1065 1062 1059 1054 1018
Imports 1190 1182 1176 1172 1167 1127
Current Account 108 134 110 95.61 90.8 38.66
Current Account to GDP 2.7 1.6 1.4 1.4 1.4 1
External Debt 18943 18820 18762 18695 18623 17949
Capital Flows 265 251 229 223 214 151
Foreign Direct Investment 392 225 196 204 184 186
Remittances 91.2 83.2 63.81 60.83 63.53 70.68
Gold Reserves 0.25 0.25 0.25 0.25 0.25 0.25
Terrorism Index 1.1 0.41 0.35 0.29 0.23 0.41