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Financial News: Estonia November Trade Deficit Widens

Estonia November Trade Deficit Widens

01/10/2022 - 02:20:00 (RTTNews)

(RTTNews) - Estonia's trade deficit widened in November from a year ago, figures from Statistics Estonia showed on Monday.

The trade deficit rose to EUR 149 million in November from EUR 58 million in the same month last year. In October, the trade deficit was EUR 162 million.

Exports grew 30.0 percent year-on-year in November, following an 18.0 percent rise in October.

Imports rose 36.0 percent yearly in November, after a 32.0 percent growth in the previous month.

"The exports and imports of goods were at a record high level in November," Evelin Puura, leading analyst at Statistics Estonia, said.

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