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

Brief Report of Estonia's Trade in July 2016

According to the statistics from Eurostat, Estonia’s volume of goods trade was USD16.15 billion from January to July in 2016, up 0.9% year-on-year (the same below). Exports fell by 0.7% to USD7.49 billion, and imports grew by 2.3% to USD8.66 billion. The trade deficit grew by 26.9% to USD1.17 billion.

In July, Estonia’s volume of goods trade fell by 4.7% to USD2.14 billion. Exports fell by 5.6% to USD0.98 billion and imports fell by 3.9% to USD1.16 billion. And the trade deficit grew by 6.4% to USD0.18 billion.

Since January to July, bilateral trade volume between Estonia and China grew by 6.1% to USD0.53 billion. Estonia’s exports to China grew by 11.1% to USD0.1 billion. It accounted for 1.3% of Estonia’s overall export, up 0.1%. And Estonia’s imports from China grew by 5.0% to USD0.43 billion. It accounted for 5.0% of Estonia’s overall imports, up 0.1% over the previous year. Estonia’s trade deficit with China grew by 3.3% to USD0.33 billion.

China was the 15th export market of Estonia and its 9th largest source of imports up to July in 2016.

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