Estonian trade deficit 0.9 bEEK in September

According to Statistics Estonia, in September 2009 exports of goods from Estonia at current prices totalled 9.3 billion kroons and imports to Estonia amounted to 10.2 billion kroons. Machinery and equipment held the biggest share in exports and oil products in imports.

In September 2009, exports of goods from Estonia decreased 24% (3 billion kroons) and [...]

In September imports of goods was the biggest of this year

According to the preliminary data of Statistics Estonia, in September 2009 exports of goods from Estonia amounted to 9.3 billion kroons at current prices and imports to Estonia made up 10.1 billion kroons. This year imports exceeded the level of 10 billion kroons for the first time.

According to the preliminary data of Statistics Estonia, in September [...]

In August the trade balance was positive with main countries of destination

According to Statistics Estonia, in August 2009 Estonian trade deficit was 1.6 billion kroons. At the same time the trade balance with the five biggest countries of destination was positive (exports exceeded imports).

In August 2009, exports of goods from Estonia totalled 7.7 billion kroons and imports to Estonia 9.3 billion kroons. Both exports and imports [...]

Estonia’s risk ratings leave exporters without insurance

Estonian exporters are in serious trouble – international credit insurers are reducing their activities and in many cases refuse to secure at all, Eesti Päevaleft reports.  Reet Hääl, the CEO of Estonian leasing companies’ union said that it became problem already last year. Finding insurance is most difficult for companies which export to Latvia and [...]

Krimelte to start exporting to South America

The Estonian producer of joint sealants and insulation foams Krimelte has concluded a contract with a Brazilian importer and plans to start exporting insulation foams to other South American countries as well, the business daily Äripäev reports.
“After the whole system is in place, opening the new market is just a matter of time. This will [...]

Exports and imports decreased by nearly a third

According to the preliminary data of Statistics Estonia, in August 2009 exports of goods from Estonia amounted to 7.8 billion kroons at current prices and imports to Estonia comprised 9.3 billion kroons.

Compared to August of the previous year, the value of exports of goods decreased by 30% or 3.4 billion kroons, and that of imports by [...]

Estonian farming entrepreneurs welcome in Belarus

Belarus is waiting for Estonian farming entrepreneurs, who will be offered cheap land and other easy terms for investment, says Agriculture Minister Helir-Valdor Seeder, the first member of the Estonian Cabinet to visit the Slavic state.
According to Seeder, his Belarusian colleague Semen Shapiro showed great interest in the inflow of foreign investment and the country [...]

Liviko beverage maker to launch export to Japan

The Estonian AS Liviko alcoholic beverage maker is going to start exporting its products to Japan.
Export of Liviko’s products to the Japanese market became possible thanks to a new weak beverages line, which makes it possible to follow a complicated production technology that differs from European requirements and meets those of Japanese laws and health [...]

Trade of high-tech goods is showing a decline

According to Statistics Estonia, in 2008 exports of high-tech (HT) goods from Estonia totalled 4.6 billion kroons at current prices and imports of high-tech goods to Estonia amounted to 9.8 billion kroons. The share of HT goods in Estonia’s trade has significantly decreased during the last years.

In 2008 the share of exports of HT goods [...]

Petroleum products gave quarter of Estonia’s total imports

According to Statistics Estonia, in July 2009 exports of goods at current prices decreased 26% and imports 36% compared to the same period of the previous year. The decline in trade was announced in most commodity sections, the biggest decrease was in exports and imports of machinery and equipment.

In July 2009, exports of goods from [...]