Estonia’s trade deficit narrowed slightly to EUR 430 million in July 2026, down from EUR 444 million in July 2025. On an annual basis, exports rose by 3% to EUR 1,457 million, driven by a 13% increase in shipments to non-EU countries, while exports to EU member states were unchanged.
Export growth was primarily supported by higher sales of optical, measuring, and precision instruments (+15%); machinery and mechanical appliances (+13%); raw materials and products of the chemical industry (+13%); and miscellaneous manufactured articles (+11%).
Imports increased by 2% to EUR 1,886 million, reflecting a 3% rise in purchases from EU countries and a 4% increase from non-EU countries. The main contributors to import growth were wood and articles of wood (+17%); optical, measuring, and precision instruments (+13%); base metals and articles of base metals (+12%); and raw materials and products of the chemical industry (+10%).
Over the period January–July, Estonia posted a trade deficit of EUR 2,324 million, compared with EUR 2,351 million in the same period of 2025.
