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Monitor Report of AUSTRIA trade and AUSTRIA-China binational trade in 202001

 1.  Overview the trade of AUSTRIA in goods current year until 202001

According to Dalian Infobank, in 202001AUSTRIA's exports and imports of goods amounted to 28628.6315 million, and were down 7.14% comparing with the same period of last year. Among these, exports were down 6.60% at 14032.0312 million, and imports were down 7.64% at 14596.6003 million. And the corresponding trade deficit was 564.5691 million and down 27.62%.

During the current year until 202001, AUSTRIA's total exports and imports of goods were 28628.6315 million and were down 7.14% comparing to the same period of last year. Among these, exports were 14032.0312 million and down 6.60%; imports were 14596.6003 million and down 7.64%. The total trade deficit was 564.5691 million and down 27.62%.

If considering by country (region), GERMANY, ITALY, SWITZERLAND, CZECH REPUBLIC, UNITED STATES were AUSTRIA's top five trading partners. During the current year until 202001, AUSTRIA's imports and exports to five countries/territories were 9979.8195 million, 1746.5468 million, 1460.0994 million, 1138.6309 million, 1111.3565 million. These values correspond to 34.86%, 6.10%, 5.10%, 3.98%, 3.88% of AUSTRIA's imports and exports, and, respectively, were down 6.65%, down 5.66%, down 2.38%, down 10.32%, down 3.75% comparing to the same period of last year.

Current year until 202001, AUSTRIA and the top five trade partners GERMANY, ITALY, UNITED STATES, SWITZERLAND, FRANCE are the top five countries/territories that AUSTRIA exports to in terms of the total export amount. During the current year until 202001, AUSTRIA's exports to these five countries/territories were 4104.1094 million, 902.3148 million, 823.3381 million, 685.3743 million, 648.5764 million. These values correspond to 29.25%, 6.43%, 5.87%, 4.88%, 4.62% of AUSTRIA's exports and, respectively, were down 5.66%, down 2.50%, down 0.38%, down 11.85%, down 16.03% comparing with the same period of last year.

Current year until 202001, AUSTRIA's exports to top five countries/territories GERMANY, ITALY, SWITZERLAND, NETHERLANDS, CZECH REPUBLIC are the top five countries/territories that AUSTRIA imports from in terms of the total export amount. During the current year until 202001, AUSTRIA's imports from these five countries/territories were 5875.7101 million, 844.2320 million, 774.7251 million, 666.2982 million, 659.6596 million. These values correspond to 40.25%, 5.78%, 5.31%, 4.56%, 4.52% of AUSTRIA's total imports and, respectively, were down 7.33%, down 8.82%, up 7.87%, down 3.81%, down 11.13% comparing with the same period of last year.

During the current year until 202001, the trade surplus of AUSTRIA was mainly from UNITED STATES, FRANCE, POLAND, UNITED KINGDOM, SLOVAKIA at 535.3197 million, 302.5342 million, 199.2498 million, 196.3423 million, 156.3351 million, and up 7.43%, down 22.69%, up 27.17%, up 0.05%, down 2.92%. And the trade deficits were mainly from GERMANY, NETHERLANDS, CHINA, VIETNAM, CZECH REPUBLIC at 1771.6007 million, 393.1292 million, 248.7887 million, 206.6455 million, 180.6883 million, and down 10.99%, up 1.93%, up 9.78%, down 26.94%, down 15.95%.

Current year until 202001, AUSTRIA's trade surplus or deficit with top five countries/territories During the current year until 202001,  commodities with hs2 codes, 84, 85, 87, 30, 27, were AUSTRIA's top five traded commodities. They correspond to the import and export values of 4240.9401 million, 3093.1465 million, 2973.4372 million, 1512.9151 million, 1497.1892 million, which were down 8.31%, down 14.97%, down 6.76%, down 7.07%, down 6.86% comparing with the same period of last year and account for 14.81%, 10.80%, 10.39%, 5.28%, 5.23% of AUSTRIA's total imports and exports.

During the current year until 202001, 84, 85, 87, 30, 39 were AUSTRIA's top five traded commodities, with total import and export values of 2322.6416 million, 1473.7213 million, 1403.6449 million, 967.5049 million, 645.1088 million. These values correspond to 16.55%, 10.50%, 10.00%, 6.89%, 4.60% of AUSTRIA's total exports and, respectively, were down 7.55%, down 14.02%, down 2.18%, down 3.38%, down 6.10% comparing to the same period of last year.

During the current year until 202001, 84, 85, 87, 27, 39 were AUSTRIA's top five traded commodities, with total import values of 1918.2985 million, 1619.4252 million, 1569.7923 million, 1152.0750 million, 595.7591 million. These values correspond to 13.14%, 11.09%, 10.75%, 7.89%, 4.08% of AUSTRIA's total exports and, respectively, were down 9.20%, down 15.81%, down 10.50%, down 7.48%, down 10.17% comparing to the same period of last year.


2. Current year until 202001, AUSTRIA binational trade profile

According to Dalian Infobank, during the current year until 202001, AUSTRIA-China binational exports and imports of goods amounted to 889.0565 million and were down 11.54% comparing with the same period of last year. Among these, exports from AUSTRIA to China were 320.1339 million and down 17.75%, imports from China to AUSTRIA were 568.9226 million and down 7.62%. The total binational trade deficit was 248.7887 million and up 9.78%.

During the urrent year until 202001, commodities with hs2 code, 85, 84, 90, 94, 39, were binational trade's top five traded commodities. They correspond to import and export values of 214.1748 million, 203.9297 million, 42.7841 million, 40.6382 million, 32.0005 million and makes up 24.09%, 22.94%, 4.81%, 4.57%, 3.60% of the total binational imports and exports. These values were also down 11.59%, down 2.46%, up 7.08%, down 12.53%, up 15.69% comparing to the same period last year.

During the current year until 202001, 84, 85, 30, 55, 90 were the top five traded commodities exported to China from AUSTRIA, with export values of 88.6075 million, 47.1892 million, 24.8988 million, 21.6023 million, 17.9186 million. These values account for 27.68%, 14.74%, 7.78%, 6.75%, 5.60% of AUSTRIA's total exports and were up 9.18%, down 31.04%, down 38.21%, down 30.10%, down 1.77% comparing to the same period of last year.

During the current year until 202001, 85, 84, 94, 29, 90 were AUSTRIA's top five traded commodities importing from China , with import values of 166.9857 million, 115.3222 million, 40.0949 million, 25.1502 million, 24.8655 million. These values account for 29.35%, 20.27%, 7.05%, 4.42%, 4.37% of AUSTRIA's total imports and were down 3.93%, down 9.84%, down 12.40%, down 16.44%, up 14.52% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Eurostat