Trade Balance in Estonia

Estonia Trade Balance (EUR) | Economic News & Forecasts

Estonia - Trade Balance (Euros)

Available data suggests economic activity decelerated in the first quarter of the year, after growth edged up to a one-year high in Q4 2018. Industrial production growth lost traction in Q1, owing to contracting energy output which more than offset healthy manufacturing output growth. The external sector also weakened at the beginning of 2019, with exports growth slipping to a one-year low in Q1 against the backdrop of feebler external demand conditions. Moreover, average economic sentiment weakened in Q1, chiefly due to tumbling confidence in the industrial and construction sectors. In other news, Moody’s affirmed Estonia’s A1 credit rating on 11 May, praising the resiliency of its economy and extremely low government debt levels.

Estonia - Trade Balance (EUR) Data

2013  2014  2015  2016  2017  
Trade Balance (EUR billion)-0.9  -1.1  -0.9  -0.8  -0.9  

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Estonia Trade Balance (EUR) Chart

Estonia Trade
Note: Trade balance in EUR billion.
Source: Statistics Estonia.

Estonia Facts

Exchange Rate1.120.65 %Jun 14
Stock Market1,250-0.38 %Jun 14

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