Exports of goods rose by 12 percent on year to February 2025, while imports of goods similarly rose by 10 percent, state agency Statistics Estonia reported.
Exports of goods amounted to nearly €1.5 billion and imports to more than €1.7 billion at current prices, Statistics Estonia reported.
The trade deficit stood at €264 million, €5 million higher than in February 2024.Commenting on the results, Evelin Puura, foreign trade statistics team lead at Statistics Estonia, pointed out that Estonia’s exports were significantly affected by re-exports of previously imported goods, a category which rose by 30 percent year on year.
“The rise in re-exports was mainly due to transport equipment,” Puura added.Exports of goods of Estonian origin grew by 4 percent compared with February last year, accounting for 65 percent of total exports.
The increase was mainly due to a rise in exports of processed fuels and shale oil as well as measuring instruments.
Read more: ERR.EE
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