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Industrial sector exports slightly up in 2012

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Estonian industrial sector 2012 exports increased 3% while domestic sales decreased by 2%, according to the preliminary annual data released by the Statistics Office.

All summed up, the 2012 production of industrial enterprises remained almost at the same level of the previous year. At the year’s end, production volumes increased because of exports. The sector exports 70% of its production.

The growth was positively influenced by electronic products producers – the whole sector was up by 4% compared to the year before. Also, manufacturing of wood and food products supported the overall figures – the production in both of these sectors grew by 1%. The figures were impacted negatively by the fall in the manufacturing of metal products, chemicals, furniture and motor vehicles.

In  2011, industrial production grew by 18% according to preliminary data.

Source: Statistikaamet. (2013). 2012. aasta oli Eesti tööstuses eriliste muutusteta. 31. jaanuar.