External trade

Imports and exports (current prices)

The data is based upon the special trade system, according to that; external trade comprises goods crossing the free circulation area of the country plus goods that are imported for/exported after inward processing. Trade data exclude trade in services as well as licenses, know-how and patents, direct transit trade, exports and imports at bank notes in circulation, monetary gold, goods for use by embassies and international organisations, supplies by duty and tax-free shops at ports and airport, temporary exportation (importation) with commitment of re-exportation (re-importation) in unchanged state, repair of foreign vessels, operational leasing, destruction of goods under customs supervision, permanent use of goods under customs supervision, goods that are imported and exported by private persons, personal luggage of travellers, supplies to Estonian vehicles abroad. Value of external trade turnover includes the invoice value of the goods and the additional costs (freight, insurance etc.). The term FOB means that all costs incurred in the course of transport up to the customs frontier are charged to the seller. The term CIF means that the purchaser pays the additional costs.

Trade classification:

Trade in goods are recorded using the commodity classification according to the Combined Nomenclature.

Exports

are recorded here on FOB basis on the date of acceptance of the customs declaration by the customs authorities. Since 1997 they are recorded with the date on which the commodities cross the customs border.

Imports

are recorded on CIF basis in the same way as exports.

Imports and exports with EU-15

Data declared by the Republic of Estonia.

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