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Estonia, a 2004 European Union entrant, has a modern market-based economy and one of the higher per capita income levels in Central Europe and the Baltic region. Estonia's successive governments have pursued a free market, pro-business economic agenda and have wavered little in their commitment to pro-market reforms. Tallinn's priority has been to sustain high growth rates - on average 8% per year from 2003 to 2007. The economy benefits from strong electronics and telecommunications sectors and strong trade ties with Finland, Sweden, and Germany. The current government has pursued relatively sound fiscal policies...  More..

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Economy of Estonia
SOURCE: CIA - The World Factbook
Currency Estonian Kroon
GDP (PPP) $24.36 billion (2009 est.)
GDP (per capita) $18,700 (2009 est.)
Exports $9.233 billion (2009 est.)
Imports $9.315 billion (2009 est.)
Main Industries Engineering, Electronics, Wood and Wood Products, Textiles; Information Technology, Telecommunications
Exports - Commodities Machinery and Equipment 29%, Wood and Paper 13%, Metals 10%, Food Products 8%, Textiles 5%, Chemical Products
Imports - Commodities Machinery and Equipment 35%, Textiles 19%, Mineral Fuels 19%, Chemical Products 9%, Foodstuffs 6%
Exports Partners Finland 18.3%, Sweden 13.8%, Russia 10.3%, Latvia 10%, Lithuania 5.7%, Germany 5%, US 4.8% (2008)
Imports Partners Finland 14.2%, Germany 13.3%, Sweden 10%, Lithuania 8.9%, Latvia 8.9%, Russia 7.4%, Poland 4.5% (2008)

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