Trade Resources Economy Brief Report of Estonia's Trade in June 2016

Brief Report of Estonia's Trade in June 2016

According to the statistics of Statistical Office of the European Union, Estonia’s volume of goods trade was USD14.01 billion from January to June in 2016, up 1.9% year-on-year (the same below). Exports grew by 0.1% to USD6.51billion, and imports grew by 3.5% to USD7.50 billion. The trade deficit was USD0.99 billion, up 32.7% from last year.

In June, Estonia’s volume of goods trade fell by 2.4% to USD2.37 billion. Exports fell by 2.4% to USD1.10 billion and imports fell by 2.4% to USD1.27 billion. And the trade deficit fell by 2.0% to USD0.17 billion.

Since January to June, bilateral trade volume between Estonia and China grew by 2.3% to USD0.45 billion. Estonia’s exports to China were USD0.08 billion, up 3.7%. It barely changed from last year, accounting for 1.2% of Estonia’s overall export. And Estonia’s imports from China reached USD0.37 billion, up 2.1%. It accounted for 5.0% of Estonia’s overall imports, down 0.1% over the previous year. Estonia’s trade deficit with China grew by 1.6% to USD0.3 billion.

China was the fifteenth largest export market of Estonia and the ninth largest source of imports up to June in 2016.

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