Estonia Trade Gap Narrows in March
2026-05-11 05:29
By
Erika Ordonez
1 min. read
Estonia’s trade deficit narrowed to EUR 234 million in March 2026 from EUR 268 million in the same month a year earlier, as exports rose faster than imports.
Year-on-year, exports climbed 8% to EUR 1,849 million, driven by higher shipments to both EU countries (+16%) and non-EU countries (+19%).
Among commodities, gains were recorded in electrical equipment (+26%), machinery and mechanical appliances (+18%), articles of plastic and rubber (+12%), mineral products (+9%), and raw materials and chemical products (+9%).
Meanwhile, imports advanced 6% to EUR 2,083 million, supported by higher purchases from EU countries (+4%) and non-EU countries (+4%).
Key arrivals included base metals and articles of base metal (+36%), electrical equipment (+21%), wood and articles of wood (+10%), and agricultural products and food preparations (+10%).
In the first three months of the year, the country recorded a trade shortfall of EUR 923 million, compared with EUR 912 million in the same period of 2025.