Estonian Industrial Output Declines at a Slower Pace

Industrial production in Estonia rose by 0.2% year-on-year in December 2025, easing from a downwardly revised five-month high of 3.3% in the previous month. Manufacturing output growth moderated (0.4% vs 4.5% in November), largely weighed by declines in textiles (-8.4% vs 2.5%), wearing apparel (-10.5% vs 13.8%), coke and refined petroleum products (-22.6% vs 11.1%), basic metals (-7.2% vs 0.6%), and motor vehicles, trailers, and semi-trailers (-3.1% vs 57.7%). Meanwhile, output in mining and quarrying surged to 61.9% from 10.0%, while electricity, gas, steam, and air-conditioning supply fell at a softer pace (-6.5% vs -8.7%). On a monthly basis, industrial production fell by 1.8% in December from a near two-year high of 6.0% in the prior period.

Estonia’s industrial production increased by 3.4% year-on-year in November 2025, rebounding from an upwardly revised 1.2% decline in the previous month. This marked the strongest growth since June, driven by a recovery in manufacturing output (4.5% vs -1.5% in October), particularly in coke and refined petroleum products (11.1% vs -5.1%), computer, electronic and optical products (4.4% vs -3.1%), motor vehicles, trailers and semi-trailers (57.7% vs 2.4%), transport equipment (112.2% vs 20%), and wearing apparel (13.9% vs 13%). Output also accelerated in mining and quarrying sector (10% vs 5.4%). In contrast, production declined for electricity, gas, steam, and air-conditioning supply (-8.7% vs 0.3%). On a monthly basis, industrial activity rose by 6.0% in November, accelerating from a 2.4% gain in the preceding period.

Estonia’s industrial production fell by 1.1% year-on-year in October 2025, easing from an upwardly revised 1.7% drop in the previous month. This marked the second month of decline since January, as output increased for the mining and quarrying sector (5.4% vs 4.8% in September), while it recovered for electricity, gas, steam, and air-conditioning supply (0.3% vs -18.5%). On the other hand, output declined further for the manufacturing sector (-1.4% vs -0.7%), particularly, due to further declines in the manufacture of grain mill products, starches, and starch products (-7.4% vs -2.9%), chemical and chemical products (-6.7% vs 3.5%), and electrical equipment (-6.8% vs 2.4%). On a monthly basis, industrial activity rose by 2.4% in October, rebounding from an upwardly revised 1.3% fall in the preceding period.