According to Statistics Estonia, in February 2025, exports of goods increased by 12% and imports by 10%. Exports of goods amounted to nearly €1.5 billion and imports to more than €1.7 billion at current prices. 

Evelin Puura, the foreign trade statistics team lead at Statistics Estonia, pointed out that Estonia’s exports were significantly affected by the re-exports of previously imported goods which increased by 30% year on year. “The rise in re-exports was mainly due to transport equipment,” Puura added.

Exports of goods of Estonian origin grew by 4% compared with February last year, accounting for 65% of total exports. The rise was mainly due to the increased exports of processed fuels and shale oil as well as measuring instruments.

Exports to Singapore have increased significantly

The main commodities exported in February were electrical equipment (13% of Estonia’s total exports), agricultural products and food preparations (12%), and wood and articles of wood (12%). Year on year, the biggest increase occurred in the exports of mineral products (up by €100 million, or more than doubled) and transport equipment (up by €30 million, or 25%). The biggest fall was registered in the exports of paper and paperboard as well as mechanical appliances – each down by €5 million.

Estonia’s top export partner in February was Finland (16% of total exports), followed by Latvia (10%), Sweden (8%), and Lithuania (8%). The main commodities exported were mineral products and electrical equipment to Finland, transport equipment to Latvia and Lithuania, and wood and articles of wood to Sweden.

Compared with last year’s February, the greatest increase occurred in exports to Singapore (up by €35 million), where more mineral products were exported. The biggest fall, by €7 million, occurred in exports to Australia where less communication equipment was exported, and to Morocco, with decreased exports of cereals.

Estonia’s top import partner in February was Latvia

The main commodities imported in February were transport equipment (13% of Estonia’s total imports), agricultural products and food preparations (13%), mineral products (12%), and electrical equipment (12%). Compared with February 2024, the biggest increase occurred in the imports of mineral products (up by €59 million, or 38%) and transport equipment (up by €24 million, or 12%). The greatest fall was recorded in the imports of base metals and articles of base metal – down by €5 million, or 6%.

In February, imports were highest from Latvia (15% of Estonia’s total imports), Germany (11%), and Finland (11%). The main commodities imported were mineral products from Latvia and Finland, and transport equipment from Germany.

Compared with February last year, the greatest rise was recorded in imports of goods from Latvia (up by €54 million, or 27%) and Czechia (up by €31 million, or 93%). There were more arrivals of mineral products from Latvia and greater imports of transport equipment from Czechia. The biggest fall was seen in imports of goods from the Republic of South Africa – down by €18 million.

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