Estonia Balance of Trade

Last Release

May 31, 2025

Actual

-281

Units In

EUR Million

-331.56

Frequency

Monthly

Next Release

Aug 11, 2025

Time to Release

30 Days 7 Hours

Highest	Lowest	Average	Date Range	Source
28.88 Oct 2020	-542 Apr 2022	-134.39 EUR Million	1993-2025	Statistics Estonia

In recent years Estonia’s exports grew significantly. The biggest share in Estonia’s exports are machinery and equipment (mainly wireless-network gear, wind generators), mineral products and agricultural products and food preparations. Main exports partners are Sweden, Finland, and Russia. Being a small state, Estonia has to import many goods. The biggest share in Estonia’s imports are machinery and equipment, mineral products and agricultural products and food preparations. Main import partners are Finland, Sweden and Germany.

Latest Updates

Estonia’s trade deficit widened to EUR 281 million in May 2025 from EUR 203 million in the same month of the previous year, as exports rose less than imports. Year-on-year, exports advanced 2% to EUR 1,573 million, with shipments rising to EU countries (3%), while falling to non-EU countries (-2%). Among commodities, notable increases were seen in agricultural products and food preparations (16%), transport equipment (15%), and electrical equipment (11%). Meanwhile, imports grew at a faster 6% to EUR 1,855 million, driven by a surge in purchases from non-EU countries (54%), despite a decline in inbound shipments from EU countries (-1%). Arrivals went up for paper and articles (11%), miscellaneous manufactured articles (8%), and electrical equipment (7%). Considering the first five months of the year, the country posted a shortfall of EUR 1,464 million, expanding from EUR 1,302 million in the corresponding period a year earlier.