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Monitor Report of AUSTRIA trade and AUSTRIA-China binational trade in 202003

 1.  Overview the trade of AUSTRIA in goods current year until 202003

According to Dalian Infobank, in 202003AUSTRIA's exports and imports of goods amounted to 30071.4463 million, and were down 7.58% comparing with the same period of last year. Among these, exports were down 5.61% at 15049.9952 million, and imports were down 9.48% at 15021.4511 million. And the corresponding trade surplus was 28.5440 million and down 104.40%.

During the current year until 202003, AUSTRIA's total exports and imports of goods were 86772.2127 million and were down 7.99% comparing to the same period of last year. Among these, exports were 42986.0144 million and down 6.90%; imports were 43786.1983 million and down 9.03%. The total trade deficit was 800.1839 million and down 59.16%.

If considering by country (region), GERMANY, ITALY, SWITZERLAND, CZECH REPUBLIC, UNITED STATES were AUSTRIA's top five trading partners. During the current year until 202003, AUSTRIA's imports and exports to five countries/territories were 30336.3867 million, 5230.1122 million, 4525.4063 million, 3373.6922 million, 3352.6598 million. These values correspond to 34.96%, 6.03%, 5.22%, 3.89%, 3.86% of AUSTRIA's imports and exports, and, respectively, were down 7.38%, down 8.79%, up 16.23%, down 8.66%, down 22.50% comparing to the same period of last year.

Current year until 202003, 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 202003, AUSTRIA's exports to these five countries/territories were 12594.8169 million, 2577.8777 million, 2506.6200 million, 2205.2235 million, 2078.1461 million. These values correspond to 29.30%, 6.00%, 5.83%, 5.13%, 4.83% of AUSTRIA's exports and, respectively, were down 5.13%, down 8.48%, down 6.68%, up 2.63%, down 17.30% comparing with the same period of last year.

Current year until 202003, 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 202003, AUSTRIA's imports from these five countries/territories were 17741.5698 million, 2652.2345 million, 2320.1828 million, 2001.4059 million, 1896.1402 million. These values correspond to 40.52%, 6.06%, 5.30%, 4.57%, 4.33% of AUSTRIA's total imports and, respectively, were down 8.91%, down 9.08%, up 32.98%, down 2.17%, down 11.10% comparing with the same period of last year.

During the current year until 202003, the trade surplus of AUSTRIA was mainly from UNITED STATES, FRANCE, SLOVAKIA, UNITED KINGDOM, POLAND at 1660.5803 million, 1021.7759 million, 734.3831 million, 612.8215 million, 553.1654 million, and up 58.73%, down 25.09%, up 14.25%, up 3.80%, up 45.89%. And the trade deficits were mainly from GERMANY, NETHERLANDS, VIETNAM, CHINA, CZECH REPUBLIC at 5146.7530 million, 1203.7361 million, 871.6126 million, 521.8666 million, 418.5881 million, and down 17.00%, up 4.10%, down 1.72%, up 17.86%, down 26.84%.

Current year until 202003, AUSTRIA's trade surplus or deficit with top five countries/territories During the current year until 202003,  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 12791.6314 million, 9617.1183 million, 8763.2160 million, 4880.3528 million, 3987.9336 million, which were down 12.21%, down 10.80%, down 17.37%, up 5.08%, down 13.77% comparing with the same period of last year and account for 14.74%, 11.08%, 10.10%, 5.62%, 4.60% of AUSTRIA's total imports and exports.

During the current year until 202003, 84, 85, 87, 30, 39 were AUSTRIA's top five traded commodities, with total import and export values of 7039.9003 million, 4715.9149 million, 4111.1090 million, 3015.3012 million, 1964.3294 million. These values correspond to 16.38%, 10.97%, 9.56%, 7.01%, 4.57% of AUSTRIA's total exports and, respectively, were down 12.76%, down 9.45%, down 17.63%, up 10.41%, down 3.82% comparing to the same period of last year.

During the current year until 202003, 84, 85, 87, 27, 30 were AUSTRIA's top five traded commodities, with total import values of 5751.7310 million, 4901.2034 million, 4652.1071 million, 3056.3189 million, 1865.0516 million. These values correspond to 13.14%, 11.19%, 10.62%, 6.98%, 4.26% of AUSTRIA's total exports and, respectively, were down 11.52%, down 12.07%, down 17.14%, down 15.08%, down 2.54% comparing to the same period of last year.


2. Current year until 202003, AUSTRIA binational trade profile

According to Dalian Infobank, during the current year until 202003, AUSTRIA-China binational exports and imports of goods amounted to 2437.4000 million and were down 15.56% comparing with the same period of last year. Among these, exports from AUSTRIA to China were 957.7667 million and down 21.61%, imports from China to AUSTRIA were 1479.6333 million and down 11.11%. The total binational trade deficit was 521.8666 million and up 17.86%.

During the urrent year until 202003, commodities with hs2 code, 85, 84, 90, 94, 88, were binational trade's top five traded commodities. They correspond to import and export values of 576.3154 million, 537.7353 million, 143.7331 million, 104.9274 million, 80.0755 million and makes up 23.64%, 22.06%, 5.90%, 4.30%, 3.29% of the total binational imports and exports. These values were also down 15.70%, down 15.02%, down 2.33%, down 19.86%, up 68.94% comparing to the same period last year.

During the current year until 202003, 84, 85, 90, 55, 30 were the top five traded commodities exported to China from AUSTRIA, with export values of 238.0315 million, 167.9792 million, 86.6987 million, 55.1636 million, 52.4988 million. These values account for 24.85%, 17.54%, 9.05%, 5.76%, 5.48% of AUSTRIA's total exports and were down 20.23%, down 18.50%, down 7.66%, down 23.38%, down 51.96% comparing to the same period of last year.

During the current year until 202003, 85, 84, 94, 88, 29 were AUSTRIA's top five traded commodities importing from China , with import values of 408.3362 million, 299.7038 million, 102.8085 million, 68.6482 million, 57.1999 million. These values account for 27.60%, 20.26%, 6.95%, 4.64%, 3.87% of AUSTRIA's total imports and were down 14.49%, down 10.38%, down 20.09%, up 77.32%, down 3.03% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Eurostat