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Estonian Industry basically focuses on the production of shipbuilding, furniture making, electric motors, clothing, paper, textiles, apparel and shoes. There are also some extractive industries in Estonia like oil shale and cement and phosphate production. Since independence in August 1991, the chief target of the economic reforms of the Estonian Industry is the restoration of the market economy and reorientation towards the Western market.
As per the survey of the US Central Intelligence Agency, Estonian industry accounted for 29% of the GDP in the year 2001. In the year 1991, 26.6% of the total industrial output was provided by the food industry, 12.7% by the machine-building and metalwork industry, 25.9% by the light industry, 8.5% by chemical industry and 10.3% by the timber industry. The largest industry at Estonia enterprises are the Balti Manufacturer in Tallinn and textile mills of Kreenholmi Manufacturer at Narva. Construction was slated to be a principal growth sector in 2002.
Although the industrial output of the industry of Estonia shrank by an average of 14.9% per year, during 1990 and 1995, most of the decline fell out immediately after independence. However, by the year 1994, the industrial production was on the rise again. In the year 1995, the total value added by the Estonian industry accounted for 28% of the total GDP and is more or less stable since then.
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