Estonia Balanza Comercial

Estonia’s trade deficit narrowed to EUR 332 million in April 2025 from EUR 345 million in the same month of the previous year, as exports rose more than imports. Year-on-year, exports advanced by 3% to EUR 1,563 million, driven by higher shipments to EU countries (8%), despite a decline to non-EU countries (-10%). Among commodities, notable increases were seen in transport equipment (24%), agricultural products and food preparations (15%), and miscellaneous manufactured articles (9%). Meanwhile, imports grew at a softer 1% to EUR 1,895 million, with increased purchases from non-EU countries (16%), while lower inbound shipments from EU countries (-1%). Arrivals went up for paper and articles (24%), transport equipment (17%), and articles of plastics and rubber (14%). Considering the January to April period, the country recorded a EUR 1,182 million trade shortfall, widening from a EUR 1,099 million gap in the corresponding period a year earlier.