“The complete cessation of imports of goods from Russia and Belarus will have the greatest impact on Estonian logistics, metallurgy and timber, where substitute goods from other countries are more than a quarter more expensive,” the report says.
The authors of the report note that the lack of excess supply is a problem when replacing Russian and Belarusian products, as it leads to their rise in price.
In addition, the change in supply chains will lead, according to experts, to an increase in the costs of companies and will require maintaining large stocks to reduce risks.
The authors of the report calculated that the replacement of Russian and Belarusian goods with products from other countries will lead to an increase in the costs of enterprises in the chemical industry by 23%, in the woodworking industry - by 28%, in the field of logistics - by 31%, in metallurgy - by 63%.
Most of the costs will be in the transport sector.
According to RIA Novosti, in total, Estonian enterprises will be forced to overpay €860 million.
Earlier it became known that Estonia from July 10 will ban the import of alcohol, furniture and a number of other goods from Russia by private individuals.