Estonia: Moderate Growth in Exports

BusinessEconomy ♦ Published: February 11, 2013; 13:35 ♦ (Vindobona)

According to Statistics Estonia, in 2012 exports of goods increased by 4% and imports by 9% compared to 2011.

Estonia: Moderate Growth in Exports / Picture: ©

In 2012, the annual growth of exports and imports was slower than in the previous year when both exports and imports grew by 37%.

In 2012, exports of goods at current prices totalled 12.6 billion euros and imports to Estonia totalled 13.8 billion euros. Estonia’s trade deficit amounted to 1.2 billion euros, which is two times bigger than in 2011 when the trade…