Estonia July Trade Deficit Narrows

Wednesday, Statistics Estonia said in a report that Estonia's trade deficit stood at 1.2 billion kroons in July, which is over three times less than the shortfall in the same period of the previous year.

Exports decreased 26% year-on-year to 8.2 billion kroons in July, while imports dropped 38% to 9.4 billion kroons.

On a monthly basis, exports and imports dropped 13% and 5%, respectively.