Estonia’s trade deficit widened to EUR 175 million in April 2021 from EUR 92 million in the same month the previous year. It was the seventh straight month of deficit in the trade balance, amid the coronavirus pandemic. Exports jumped 47 percent from a year earlier to EUR 1.47 billion, while imports increased at a faster 50 percent to EUR 1.64 billion. source: Statistics Estonia
Balance of Trade in Estonia averaged -118.54 EUR Million from 1993 until 2021, reaching an all time high of 28.88 EUR Million in October of 2020 and a record low of -411.47 EUR Million in January of 2017. This page provides - Estonia Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Estonia Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on July of 2021.
Balance of Trade in Estonia is expected to be -130.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Estonia to stand at -110.00 in 12 months time. In the long-term, the Estonia Balance of Trade is projected to trend around -110.00 EUR Million in 2022, according to our econometric models.