Exports from Estonia increased 18 percent from a year earlier to EUR 1.39 billion in November 2018, led by sales of mineral products (94 percent); electrical equipment (15 percent), and wood and articles woods (15 percent). Among major trading partners, exports grew the most to Finland (10 percent), Sweden (9 percent), and Latvia (9 percent). Exports in Estonia averaged 562.91 EUR Million from 1993 until 2018, reaching an all time high of 1385.51 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.