Country Profile

Estonia is situated in the baltic region of the northern europe. The nation is bordered by the finland from the northern side, sweden on the west across the baltic sea, latvia to the sourthern side. The nation works under the political framework of the democratic parliamentary republic. With 1,307,605 people, estonia has achieved more than 95 per cent literacy rate among both male and female sections. Estonia has joined the united nations on 17th september, 1991. It is recognized as the european union member since may 01, 2004. Estonia is the NATO member since march 29, 2004. With 0.860 value, estonia has been positioned on 44th rank out of total 177 nations. Service sector is the major GDP contributor.

Snapshot

Economic Overview

• Estonia has been placed on the 12th rank out of total 162 nations on the 'Index of the Economic Freedom 2008.
• The nation has been recognized as one of the largest oil shale exporter in throughout the world.
• Its economy is one of the fastest in around the world.
• Service sector has been seen as the major GDP contributor as well as the higher labour intensevice sector.
• Industrial production growth rate has been registered at 7.7 per cent.

International Trade

Major Export Items
Machinery and Equipment, Wood and Paper, Textiles, Food Products, Furniture, Metals, Chemical

Main Destinations of Exports
Finland, Sweden, Latvia, Russia, Lithuania, Germany

Major Import Items
Machinery and Equipment, Chemical Products, Textiles, Foodstuffs, Transportation Equipment

Main Origins of Imports
Finland, Germany, Sweden, Russia, Latvia, Lithuania, Poland

Contacts of Trade Ministries/ Associations

Business Visa Rules

• Passport with minimum six months of validity along with the completed and signed visa application form.
• Health insurance policy having its validity in estonia.
• Letter of invitation from the company or business associate situated in estonia.
• Details about the accommodation and other expenses which will be raise during the stay of the applicant in estonia.

Business Hours

Offices:   Monday to Friday from 09:00 - 17:00
Banks:    Monday to Friday from 10:00 - 16:00

Public Holidays