Exports from Estonia went up 8 percent year-on-year to EUR 1.34 billion in May of 2019, led by electrical equipment (1 pct); minerals products (5 pct); miscellaneous manufactured articles (27 pct) and mechanical appliances (22 pct). Among major trading partners, exports grew mainly to Finland (6 pct); Sweden (1 pct) and the US (28 pct). Exports in Estonia averaged 570.68 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 1320.00 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 1260.00 in 12 months time. In the long-term, the Estonia Exports is projected to trend around 1510.00 EUR Million in 2020, according to our econometric models.