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Monitor Report of AUSTRIA trade and AUSTRIA-China binational trade in 202002

 1.  Overview the trade of AUSTRIA in goods current year until 202002

According to Dalian Infobank, in 202002AUSTRIA's exports and imports of goods amounted to 28072.1349 million, and were down 9.26% comparing with the same period of last year. Among these, exports were down 8.54% at 13903.9880 million, and imports were down 9.95% at 14168.1469 million. And the corresponding trade deficit was 264.1588 million and down 50.18%.

During the current year until 202002, AUSTRIA's total exports and imports of goods were 56700.7664 million and were down 8.20% comparing to the same period of last year. Among these, exports were 27936.0192 million and down 7.58%; imports were 28764.7472 million and down 8.79%. The total trade deficit was 828.7279 million and down 36.75%.

If considering by country (region), GERMANY, ITALY, SWITZERLAND, CZECH REPUBLIC, UNITED STATES were AUSTRIA's top five trading partners. During the current year until 202002, AUSTRIA's imports and exports to five countries/territories were 19886.4623 million, 3519.6303 million, 2813.8516 million, 2247.7141 million, 2169.5306 million. These values correspond to 35.07%, 6.21%, 4.96%, 3.96%, 3.83% of AUSTRIA's imports and exports, and, respectively, were down 6.64%, down 4.39%, up 8.53%, down 7.99%, down 29.66% comparing to the same period of last year.

Current year until 202002, 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 202002, AUSTRIA's exports to these five countries/territories were 8229.0714 million, 1770.7941 million, 1663.4918 million, 1379.0122 million, 1193.6308 million. These values correspond to 29.46%, 6.34%, 5.95%, 4.94%, 4.27% of AUSTRIA's exports and, respectively, were down 5.07%, down 2.88%, down 5.43%, down 3.94%, down 36.91% comparing with the same period of last year.

Current year until 202002, 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 202002, AUSTRIA's imports from these five countries/territories were 11657.3910 million, 1748.8361 million, 1434.8395 million, 1342.3808 million, 1285.4534 million. These values correspond to 40.53%, 6.08%, 4.99%, 4.67%, 4.47% of AUSTRIA's total imports and, respectively, were down 7.71%, down 5.86%, up 24.01%, down 0.97%, down 9.48% comparing with the same period of last year.

During the current year until 202002, the trade surplus of AUSTRIA was mainly from UNITED STATES, FRANCE, UNITED KINGDOM, SLOVAKIA, POLAND at 1157.4530 million, 477.5078 million, 387.1110 million, 360.4141 million, 353.1023 million, and up 166.91%, down 57.65%, up 0.27%, up 6.48%, up 26.23%. And the trade deficits were mainly from GERMANY, NETHERLANDS, VIETNAM, CHINA, KAZAKHSTAN at 3428.3196 million, 809.2753 million, 463.1409 million, 369.5202 million, 327.4868 million, and down 13.49%, up 6.16%, down 10.36%, down 9.62%, up 41.93%.

Current year until 202002, AUSTRIA's trade surplus or deficit with top five countries/territories During the current year until 202002,  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 8519.8481 million, 6118.2008 million, 6051.9341 million, 3011.6527 million, 2808.8087 million, which were down 9.30%, down 11.48%, down 9.49%, down 6.03%, down 6.72% comparing with the same period of last year and account for 15.03%, 10.79%, 10.67%, 5.31%, 4.95% of AUSTRIA's total imports and exports.

During the current year until 202002, 84, 85, 87, 30, 39 were AUSTRIA's top five traded commodities, with total import and export values of 4717.8282 million, 2988.4842 million, 2850.9363 million, 1851.1109 million, 1275.2696 million. These values correspond to 16.89%, 10.70%, 10.21%, 6.63%, 4.56% of AUSTRIA's total exports and, respectively, were down 8.42%, down 10.14%, down 8.35%, down 2.53%, down 5.58% comparing to the same period of last year.

During the current year until 202002, 84, 87, 85, 27, 39 were AUSTRIA's top five traded commodities, with total import values of 3802.0199 million, 3200.9978 million, 3129.7165 million, 2143.1548 million, 1190.3669 million. These values correspond to 13.22%, 11.13%, 10.88%, 7.45%, 4.14% of AUSTRIA's total exports and, respectively, were down 10.37%, down 10.48%, down 12.72%, down 8.04%, down 9.45% comparing to the same period of last year.


2. Current year until 202002, AUSTRIA binational trade profile

According to Dalian Infobank, during the current year until 202002, AUSTRIA-China binational exports and imports of goods amounted to 1564.4602 million and were down 18.83% comparing with the same period of last year. Among these, exports from AUSTRIA to China were 597.4700 million and down 21.31%, imports from China to AUSTRIA were 966.9902 million and down 17.22%. The total binational trade deficit was 369.5202 million and down 9.62%.

During the urrent year until 202002, commodities with hs2 code, 85, 84, 90, 94, 73, were binational trade's top five traded commodities. They correspond to import and export values of 367.3477 million, 356.5981 million, 85.7601 million, 77.5104 million, 55.7258 million and makes up 23.48%, 22.79%, 5.48%, 4.95%, 3.56% of the total binational imports and exports. These values were also down 20.06%, down 9.93%, down 2.89%, down 16.52%, down 0.74% comparing to the same period last year.

During the current year until 202002, 84, 85, 90, 55, 30 were the top five traded commodities exported to China from AUSTRIA, with export values of 148.3025 million, 99.5545 million, 47.4826 million, 36.6386 million, 36.5546 million. These values account for 24.82%, 16.66%, 7.95%, 6.13%, 6.12% of AUSTRIA's total exports and were down 7.52%, down 26.21%, down 4.80%, down 25.21%, down 52.02% comparing to the same period of last year.

During the current year until 202002, 85, 84, 94, 29, 90 were AUSTRIA's top five traded commodities importing from China , with import values of 267.7931 million, 208.2957 million, 76.2732 million, 42.9911 million, 38.2775 million. These values account for 27.69%, 21.54%, 7.89%, 4.45%, 3.96% of AUSTRIA's total imports and were down 17.50%, down 11.57%, down 16.60%, down 1.13%, down 0.42% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Eurostat