Estonia Trade Gap Narrows In September
4 Articles
4 Articles
Estonia Trade Gap Narrows In September
Estonia's trade deficit decreased in September from a year ago as exports grew faster than imports. The trade deficit decreased to EUR 269 million from EUR 345 million in the previous year. The trade gap also narrowed from EUR 345 million in August. Exports grew 12.0 percent annually, faster than the 4.0 percent rise in August.
According to Statistics Estonia, exports of goods increased by 12 percent and imports by eight percent in September this year compared to the same period last year. At current prices, goods worth nearly 1.8 billion euros were exported and more than 2 billion euros were imported.
Estonian exports of goods grew by 12 percent and imports by eight percent year-on-year in September. Exports of goods of Estonian origin grew particularly rapidly, but the increase in export numbers is also partly due to the increase in the prices of oil and other raw materials.
According to the Statistical Office, exports of goods in September 2026 increased by 12 percent compared to the same time last year, and imports by 8 percent.
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