Estonia Trade Deficit Widens in November

Estonia’s trade deficit narrowed to EUR 270 million in December 2025 from EUR 413 million in the same month of the previous year, as exports rose faster than imports. Year-on-year, exports advanced by 16% to EUR 1,541 million, supported by higher shipments to EU countries (+17%) and non-EU countries (+14%). Among commodities, main exports were electrical equipment, agricultural products and food preparations, and wood and articles of wood, with notable increases in agricultural products and food preparations and precious metals. Meanwhile, imports grew 4% to EUR 1,811 million, driven by a surge in purchases from non-EU countries (+31%) despite a drop in EU countries (-1%). Main arrivals included electrical equipment, agricultural products and food preparations, and transport equipment, with gains in mineral products and electrical equipment. For the full year of 2025, the country recorded a EUR 3,828 million trade shortfall, widening from a EUR 3,384 million gap in 2024.

Estonia’s trade deficit widened to EUR 298 million in November 2025 from EUR 226 million in the same month last year. Imports rose 7% year on year to EUR 1,911 million, supported by higher purchases from both EU (+2%) and non-EU (+36%) countries. Among commodities, significant increases were seen in mineral products (+57%), agricultural products and foodstuffs (+11%), and rubber and plastic products (+5%). Meanwhile, exports grew at a slower 3% to EUR 1,613 million, as increased sales to EU countries (+7%) were offset by lower shipments to non-EU countries (-6%). Notably, exports of mineral products surged 68%, partially countered by declines in agricultural products and foodstuffs (-7%) and chemical industry raw materials (-2%). Over the January–November period, the country recorded a trade shortfall of EUR 3,535 million, compared with EUR 2,971 million in the corresponding period of 2024.

Estonia’s trade deficit narrowed to EUR 323 million in October 2025 from EUR 331 million in the same month of the previous year, as exports rose faster than imports. Year-on-year, exports advanced by 5% to EUR 1,723 million, supported by higher shipments to EU countries (+9%) despite a decline in non-EU countries (-7%). Among commodities, notable increases were seen in mineral products (21%), machinery and mechanical appliances (15%), miscellaneous manufactured articles (15%), and textiles and textile articles (11%). Meanwhile, imports grew 4% to EUR 2,046 million, driven by a surge in purchases from non-EU countries (26%) despite a drop in EU countries (-1%). Increased arrivals were seen mostly in wood and articles of wood (11%) and optical measuring, precision instruments (14%). Over the first ten months of the year, the country recorded a EUR 3,200 million trade shortfall, widening from a EUR 2,745 million gap in the corresponding period a year earlier.