Estonia: ice road to open between Haapsalu and Noarootsi

The Estonian Maritime Administration has halted ship traffic in the part of Haapsalu Bay located south of Seasaar and east of the Rohukula-Sviby shipping lane, Maritime Administration spokesperson Priit Poiklik reported. The Estonian Road Administration has requested that, in case of appropriate weather conditions, ship traffic in the area of the planned Haapsalu-Noarootsi ice road…

Estonia: exports and imports up in 2017

According to information released by Statistics Estonia, the exports of goods increased by 8% and imports by 9% YoY in 2017, with exports totaling EUR 12.8 billion and imports to Estonia EUR 14.7 billion at current prices. The trade deficit in 2017 was EUR 1.9 billion, up by EUR 315 million. The increase in the…

Estonia: December 2017 retail turnover up

According to information released by Statistics Estonia on January 30, the turnover of retail trade businesses in December 2017 increased by 1% YoY at constant prices, totaling EUR 654.5 million. The turnover of stores selling manufactured goods increased by 7% compared to December 2016. Turnover increased in most economic activities, except for in non-specialized stores…

Estonia: milk production up in 2017

According to preliminary data of Statistics Estonia, the production of milk amounted to 791,800 tons in 2017, up by 1% YoY. The number of dairy cows increased slightly by the end of the year, and the average annual milk production per cow increased as well. On December 31, 2017 the number of bovines in Estonia…

Estonia: tests of electronic traffic signs with changing information successful

The Road Administration will install electronic traffic signs with changing information permanently in the second half of this year, as the one-month testing period of the signs has been successful. The initial tests of electronic traffic signs were successful, Siim Vaikmaa, head of the Road Administration’s traffic management center, declared. Vaikmaa added that the development…

Estonia: number of Eesti Energia’s green energy contracts triples in 2017

The number of green energy contracts concluded by customers with the state-owned Estonian energy group Eesti Energia tripled during 2017, hitting 10,045 by year-end. Households with a green energy contract consume energy generated 100% from renewable sources, Eesti Energia says. “By buying green energy, our clients are influencing the development of electricity production, with a…

Estonia: consumer prices up in 2017

Consumer prices increased by an average 3.4% in 2017 compared to 2016. They were influenced the most by food products and non-alcoholic beverages, which made up two fifths of the increase, Statistics Estonia reported on January 8. The price of milk, dairy products, and eggs increased by 10.4% YoY, accounting for the single indicator that…

Estonia: no new taxes in 2018

Prime Minister Juri Ratas said no new taxes would be implemented next year, but added that he would like to increase the quota of workforce coming from outside the European Union. “I do not think it right to make new decisions concerning the tax policy a year before the end of this composition of the…

Estonia: economy up in Q3 2017

Estonia’s GDP increased by 4.2% YoY in the third quarter of 2017, Statistics Estonia reported on November 30. In the third quarter, the GDP at current prices was EUR 5.8 billion. The seasonally and working-day adjusted GDP remained at the same level compared to the second quarter of 2017 (with growth of 0.3%), but grew…