Leading Indicators OECD: Component series: BTS - Export orders: Original series for Estonia
ESTLOCOBXORSTSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-30.30
Year-over-Year Change
-284.76%
Date Range
4/1/1993 - 11/1/2022
Summary
The Leading Indicators OECD: Component series: BTS - Export orders: Original series for Estonia tracks the export order volume for Estonian businesses, providing insight into the health of the country's external trade.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This indicator measures the perception of Estonian firms regarding their export orders. It is a leading economic indicator used to anticipate changes in the broader economy, as export demand often precedes overall economic activity.
Methodology
The data is collected through business tendency surveys conducted by the OECD.
Historical Context
This metric is closely watched by policymakers and market analysts to gauge Estonia's export competitiveness and economic outlook.
Key Facts
- Estonia is a major exporter of machinery, electrical equipment, and wood products.
- Export orders are a key driver of Estonia's economic growth.
- The export orders indicator has a strong correlation with overall industrial production.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the volume of export orders received by Estonian businesses, providing insight into the health of the country's external trade.
Q: Why is this trend relevant for users or analysts?
A: Export orders are a leading indicator of economic activity, as export demand often precedes overall economic conditions. This metric is closely watched by policymakers and market analysts to gauge Estonia's export competitiveness and economic outlook.
Q: How is this data collected or calculated?
A: The data is collected through business tendency surveys conducted by the OECD.
Q: How is this trend used in economic policy?
A: This indicator is used by Estonian policymakers and international institutions to monitor the country's external trade performance and guide economic policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical lag of 1-2 months.
Related Trends
International Merchandise Trade Statistics: Exports: Commodities for Estonia
XTEXVA01EEM667S
Financial System Deposits to GDP for Estonia
DDDI08EEA156NWDB
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Alcoholic Beverages, Tobacco and Narcotics for Estonia
ESTCPHP0200IXOBM
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Food and Non-Alcoholic Beverages for Estonia
ESTCPHP0100GYM
Number of Identified Exporters to Estonia from Wisconsin
WIESTA475SCEN
Gross Domestic Product Deflator for Estonia
NGDPDSAIXESQ
Citation
U.S. Federal Reserve, Leading Indicators OECD: Component series: BTS - Export orders: Original series for Estonia (ESTLOCOBXORSTSAM), retrieved from FRED.