Exports from Estonia increased 4 percent from a year earlier to EUR 1.16 billion in February 2019, led by sales of wood and articles woods (17 pct); miscellaneous manufactured articles (15 pct), mechanical appliances (12 pct), and electrical equipment (5 pct). Among major trading partners, exports grew the most to the US (159.3 pct); Turkey (104.2 pct), and the Netherlands (52 pct). Exports in Estonia averaged 564.47 EUR Million from 1993 until 2019, reaching an all time high of 1391.47 EUR Million in November of 2018 and a record low of 32.11 EUR Million in February of 1993.
Exports in Estonia is expected to be 1320.00 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 1260.00 in 12 months time. In the long-term, the Estonia Exports is projected to trend around 1510.00 EUR Million in 2020, according to our econometric models.