Exports from Estonia increased 17 percent from a year earlier to EUR 1.36 billion in October 2018, led by sales of mineral products (164.7 percent); electrical equipment (21 percent), and wood and articles woods (12 percent). Among major trading partners, exports grew the most to the US (282.4 percent), Denmark (60 percent), and Latvia (21 percent). Exports in Estonia averaged 560.28 EUR Million from 1993 until 2018, reaching an all time high of 1360.31 EUR Million in October of 2018 and a record low of 32.11 EUR Million in February of 1993.
Exports in Estonia is expected to be 1150.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Exports in Estonia to stand at 1227.62 in 12 months time. In the long-term, the Estonia Exports is projected to trend around 1540.00 EUR Million in 2020, according to our econometric models.