Estonia, a small country with big ideas, continues to expand its international reach in the maritime sector. At the SMM 2024 fair, taking place from September 3rd to 6th in Hamburg, Estonia will showcase its leading companies known for their innovative and sustainable solutions. The ongoing digitalization of the maritime sector and the development of environmentally friendly solutions make Estonia a key partner in international shipping.

In the second quarter of 2024, the Estonian economy showed several signs of recovery, according to data from Statistics Estonia. Although the gross domestic product (GDP) decreased by 1% compared to the same period in 2023, the decline was significantly smaller than in previous quarters, indicating stabilization.

April 2024 brought significant growth in Estonia’s foreign trade, according to the latest report from Statistics Estonia. Compared to the previous year, both the export and import of goods increased, indicating positive changes in the economy and strengthening trade relations with other countries.