Tag Archives: Estonia

According to allcountrylist, Estonia’s economy is largely dependent on its service and manufacturing sectors which account for around 80% of GDP. The manufacturing sector is particularly important to Estonia’s economy; it accounted for around 25% of GDP in 2020. This sector includes food processing, textiles and apparel manufacturing, chemicals production, construction materials and petroleum refining. The service sector is also significant in Estonia; it accounted for around 55% of GDP in 2020. This sector includes banking and finance services, telecommunication services as well as transportation and tourism (which generates significant income each year from foreign visitors). The agricultural sector is still important to Estonia’s economy; it accounted for around 5% of GDP in 2020. Major crops grown in Estonia include barley, oats, potatoes, rye, sugar beets, wheat and vegetables. Additionally, Estonia has a significant fishing industry which accounts for around 10% of exports. Finally, the mining sector plays an important role in the Estonian economy; it accounts for around 10% of exports. Major mineral resources mined in Estonia include oil shale, limestone and phosphorite. Estonia has a long history of agriculture that dates back to the Iron Age. Early inhabitants of the region relied on subsistence farming to produce crops such as rye, oats, barley and potatoes. These staples were used for food, medicine and clothing and were grown in small plots near villages. In addition to these staples, farmers also grew fruits and vegetables such as apples, pears and cabbage. In the 19th century, much of Estonia’s agricultural production shifted from subsistence farming to commercial agriculture. Plantations were established in certain regions to produce cash crops such as flax and hemp for export markets. This shift away from subsistence farming caused many small-scale farmers to move into urban areas or become laborers on larger farms. Today, Estonia is still a major producer of cash crops such as flax and hemp but has also seen an increase in production of other crops such as wheat, barley and oats. In addition to these traditional staples, farmers are increasingly turning towards specialty crops such as fruits and vegetables for export markets or organic farming practices that reduce environmental impact while still providing nutritious food for their communities. Check topmbadirectory for how to get to Estonia.