Estonia Trade Deficit Widens in August
2026-10-12 05:43
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1 min. read
Estonia’s trade deficit widened to EUR 360 million in August 2026 from EUR 249 million in the same month last year.
Exports increased 3% year-on-year to EUR 1,475 million, boosted by higher sales to EU countries (+7%), while shipments to non-EU countries declined (-8%).
Exports rose most notably for base metals and articles thereof (+18%), raw materials and products of the chemical industry (+17%), paper and articles thereof (+13%), and optical, measuring and precision instruments (+8%).
Meanwhile, imports advanced at a much faster pace, rising 10% to EUR 1,835 million, driven by higher purchases from both EU (+10%) and non-EU (+8%) countries.
Notable increases were recorded in mineral products (+30%), machinery and mechanical appliances (+25%), raw materials and products of the chemical industry (+18%), and transport equipment (+17%).
In the first eight months of the year, Estonia recorded a trade deficit of EUR 2,701 million, up from EUR 2,561 million in the same period of 2025.