Goods trade balance represents the value of exported goods minus the value of imported goods. Thus, a positive trade balance signifies a trade surplus, while a negative value means a trade deficit. The highest goods trade deficit in Estonia was recorded in 2022, at almost 2.6 billion euros. By 2021, the country's trade deficit amounted to around 1.2 billion euros.
Goods trade balance in Estonia from 1993 to 2022
(in million euros)
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Bank of Estonia. (December 12, 2023). Goods trade balance in Estonia from 1993 to 2022 (in million euros) [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1264454/estonia-goods-trade-balance/
Bank of Estonia. "Goods trade balance in Estonia from 1993 to 2022 (in million euros)." Chart. December 12, 2023. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1264454/estonia-goods-trade-balance/
Bank of Estonia. (2023). Goods trade balance in Estonia from 1993 to 2022 (in million euros). Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1264454/estonia-goods-trade-balance/
Bank of Estonia. "Goods Trade Balance in Estonia from 1993 to 2022 (in Million Euros)." Statista, Statista Inc., 12 Dec 2023, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1264454/estonia-goods-trade-balance/
Bank of Estonia, Goods trade balance in Estonia from 1993 to 2022 (in million euros) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1264454/estonia-goods-trade-balance/ (last visited November 10, 2024)
Goods trade balance in Estonia from 1993 to 2022 (in million euros) [Graph], Bank of Estonia, December 12, 2023. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1264454/estonia-goods-trade-balance/
