Exports from Estonia increased 12 percent from a year earlier to EUR 1.16 billion in January 2019, led by sales of mineral products (31 pct), mechanical appliances (24 pct), wood and articles woods (17 pct), and electrical equipment (15 pct). Among major trading partners, exports grew the most to (6,081.4 pct), the US (203.4 pct), Denmark (51 pct), Latvia (16 pct), Finland (9 pct). Exports in Estonia averaged 564.47 EUR Million from 1993 until 2019, reaching an all time high of 1391.47 EUR Million in November of 2018 and a record low of 32.11 EUR Million in February of 1993.
Exports in Estonia is expected to be 1340.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Exports in Estonia to stand at 1320.00 in 12 months time. In the long-term, the Estonia Exports is projected to trend around 1540.00 EUR Million in 2020, according to our econometric models.