Estonia Trade Deficit Narrows Slightly in July

2026-09-09 05:38 By Erika Ordonez 1 min. read

Estonia’s trade deficit narrowed slightly to EUR 430 million in July 2026 from EUR 444 million in July 2025.

Year-on-year, exports climbed 3% to EUR 1,457 million, driven by higher shipments to non-EU countries (+13%), while exports to EU countries were unchanged.

Export growth was led by optical, measuring, and precision instruments (+15%), machinery and mechanical appliances (+13%), raw materials and products of the chemical industry (+13%), and miscellaneous manufactured articles (+11%).

Meanwhile, imports increased 2% to EUR 1,886 million, supported by higher purchases from EU countries (+3%) and non-EU countries (+4%).

Import growth was driven by wood and articles of wood (+17%), optical, measuring, and precision instruments (+13%), base metals and articles of base metals (+12%), and raw materials and products of the chemical industry (+10%).

In January-July, the country recorded a trade deficit of EUR 2,324 million, compared with EUR 2,351 million in the same period of 2025.



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Estonia Trade Deficit Narrows Slightly in July
Estonia’s trade deficit narrowed slightly to EUR 430 million in July 2026 from EUR 444 million in July 2025. Year-on-year, exports climbed 3% to EUR 1,457 million, driven by higher shipments to non-EU countries (+13%), while exports to EU countries were unchanged. Export growth was led by optical, measuring, and precision instruments (+15%), machinery and mechanical appliances (+13%), raw materials and products of the chemical industry (+13%), and miscellaneous manufactured articles (+11%). Meanwhile, imports increased 2% to EUR 1,886 million, supported by higher purchases from EU countries (+3%) and non-EU countries (+4%). Import growth was driven by wood and articles of wood (+17%), optical, measuring, and precision instruments (+13%), base metals and articles of base metals (+12%), and raw materials and products of the chemical industry (+10%). In January-July, the country recorded a trade deficit of EUR 2,324 million, compared with EUR 2,351 million in the same period of 2025.
2026-09-09
Estonia Trade Deficit Widens in June
Estonia’s trade deficit widened to EUR 413 million in June 2026 from EUR 361 million in the same month last year. Exports climbed 15% year-on-year to EUR 1,657 million, boosted by higher sales to both EU countries (+19%) and non-EU countries (+5%). Exports rose for mineral products (+62%), raw materials and products of the chemical industry (+25%), base metals and articles of base metals (+25%), machinery and mechanical appliances (+20%), agricultural products and food preparations (+15%), and transport equipment (+14%). Imports also jumped 15% to EUR 2,070 million, driven by higher purchases from both EU (+14%) and non-EU (+18%) countries. Notable increases were seen in mineral products (+86%), electrical equipment (+29%), wood and articles of wood (+19%), and machinery and mechanical appliances (+19%). In the first half of the year, the country recorded a trade shortfall of EUR 1,920 million, up from EUR 1,908 million in the same period of 2025.
2026-08-10
Estonia Trade Gap Smallest in Nearly 2 Years
Estonia’s trade deficit narrowed to EUR 224 million in May 2026 from EUR 287 million in May 2025, marking the smallest trade gap since August 2024. Year-on-year, exports climbed 9% to EUR 1,720 million, driven by higher shipments to both EU countries (+13%) and non-EU countries (+14%). Export growth was led by mineral products (+64%), machinery and mechanical appliances (+25%), transport equipment (+6%), electrical equipment (+4%), and miscellaneous manufactured articles (+12%). Meanwhile, imports advanced 4% to EUR 1,945 million, supported by higher purchases from EU countries (+9%) and non-EU countries (+8%). Import growth was driven by mineral products (+38%), electrical equipment (+18%), machinery and mechanical appliances (+15%), transport equipment (+8%), and raw materials and products of the chemical industry (+9%). In the first five months of the year, the country recorded a trade deficit of EUR 1,512 million, compared with EUR 1,546 million in the same period of 2025.
2026-07-10