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FX.co ★ Estonia's Trade Balance Improves in January 2024

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typeContent_19130:::2024-03-11T06:00:00

Estonia's Trade Balance Improves in January 2024

Estonia's trade balance showed signs of improvement in January 2024 as the country managed to reduce its trade deficit. According to the latest data released on 11 March 2024, Estonia's trade balance reached -$122 million, a significant improvement from the previous month's figure of -$282.3 million in December 2023. This positive change suggests that Estonia may be taking steps to boost its exports and reduce its imports, contributing to a more favorable trade balance. As global economic conditions continue to evolve, Estonia's efforts to strengthen its trade position may help support its overall economic growth in the coming months.

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