In the third quarter of 2024 (Q4 2024), Estonia’s exports of services grew by 8 percent on year, while imports were up by 2 percent over the same time period, state agency Statistics Estonia and the Bank of Estonia (Eesti Pank) reported.
In Q3 2024, exports of services totaled €3.2 billion, while imports came to €2.4 billion, the agency said.
Overall, the balance of foreign trade in services was in surplus by €751 million, €180 million more than a year earlier, Statistics Estonia added.This represents a rise of 31.5 percent, or almost a third.
Jane Leppmets, a foreign trade analyst at Statistics Estonia, noted that growth was driven by travel services and other business services.
Read more: ERR.EE
