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Monitor Report of AUSTRIA trade and AUSTRIA-China binational trade in 202004

 1.  Overview the trade of AUSTRIA in goods current year until 202004

According to Dalian Infobank, in 202004AUSTRIA's exports and imports of goods amounted to 22558.9277 million, and were down 27.41% comparing with the same period of last year. Among these, exports were down 25.96% at 11228.8998 million, and imports were down 28.79% at 11330.0279 million. And the corresponding trade deficit was 101.1281 million and down 86.44%.

During the current year until 202004, AUSTRIA's total exports and imports of goods were 109331.1405 million and were down 12.80% comparing to the same period of last year. Among these, exports were 54214.9142 million and down 11.61%; imports were 55116.2262 million and down 13.94%. The total trade deficit was 901.3120 million and down 66.68%.

If considering by country (region), GERMANY, ITALY, SWITZERLAND, UNITED STATES, FRANCE were AUSTRIA's top five trading partners. During the current year until 202004, AUSTRIA's imports and exports to five countries/territories were 38039.4779 million, 6402.7766 million, 5937.5629 million, 4346.7003 million, 4219.8936 million. These values correspond to 34.79%, 5.86%, 5.43%, 3.98%, 3.86% of AUSTRIA's imports and exports, and, respectively, were down 12.82%, down 16.18%, up 13.49%, down 23.08%, down 9.24% comparing to the same period of last year.

Current year until 202004, AUSTRIA and the top five trade partners GERMANY, UNITED STATES, ITALY, FRANCE, SWITZERLAND are the top five countries/territories that AUSTRIA exports to in terms of the total export amount. During the current year until 202004, AUSTRIA's exports to these five countries/territories were 15835.8324 million, 3182.6955 million, 3173.9638 million, 2926.5044 million, 2808.3570 million. These values correspond to 29.21%, 5.87%, 5.85%, 5.40%, 5.18% of AUSTRIA's exports and, respectively, were down 10.46%, down 11.51%, down 14.50%, down 5.63%, down 3.93% comparing with the same period of last year.

Current year until 202004, 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 202004, AUSTRIA's imports from these five countries/territories were 22203.6455 million, 3228.8128 million, 3129.2060 million, 2519.8187 million, 2352.5069 million. These values correspond to 40.29%, 5.86%, 5.68%, 4.57%, 4.27% of AUSTRIA's total imports and, respectively, were down 14.43%, down 17.76%, up 35.55%, down 7.96%, down 16.29% comparing with the same period of last year.

During the current year until 202004, the trade surplus of AUSTRIA was mainly from UNITED STATES, FRANCE, SLOVAKIA, UNITED KINGDOM, POLAND at 2018.6906 million, 1633.1152 million, 867.7294 million, 662.3806 million, 647.6014 million, and up 30.86%, up 5.16%, down 2.71%, down 10.72%, up 50.99%. And the trade deficits were mainly from GERMANY, NETHERLANDS, VIETNAM, CHINA, CZECH REPUBLIC at 6367.8132 million, 1509.6275 million, 1022.9175 million, 761.1222 million, 508.5579 million, and down 22.94%, down 4.34%, down 12.90%, up 57.33%, down 29.37%.

Current year until 202004, AUSTRIA's trade surplus or deficit with top five countries/territories During the current year until 202004,  commodities with hs2 codes, 84, 85, 87, 30, 39, were AUSTRIA's top five traded commodities. They correspond to the import and export values of 15815.5632 million, 12045.6606 million, 9957.4824 million, 6587.3276 million, 4926.8931 million, which were down 18.67%, down 15.32%, down 29.59%, up 7.79%, down 9.85% comparing with the same period of last year and account for 14.47%, 11.02%, 9.11%, 6.03%, 4.51% of AUSTRIA's total imports and exports.

During the current year until 202004, 84, 85, 87, 30, 39 were AUSTRIA's top five traded commodities, with total import and export values of 8653.3213 million, 5897.2019 million, 4616.6740 million, 4048.1316 million, 2502.9267 million. These values correspond to 15.96%, 10.88%, 8.52%, 7.47%, 4.62% of AUSTRIA's total exports and, respectively, were down 19.58%, down 14.08%, down 30.73%, up 13.45%, down 8.55% comparing to the same period of last year.

During the current year until 202004, 84, 85, 87, 27, 30 were AUSTRIA's top five traded commodities, with total import values of 7162.2419 million, 6148.4586 million, 5340.8084 million, 3642.7337 million, 2539.1959 million. These values correspond to 12.99%, 11.16%, 9.69%, 6.61%, 4.61% of AUSTRIA's total exports and, respectively, were down 17.54%, down 16.48%, down 28.57%, down 23.91%, down 0.15% comparing to the same period of last year.


2. Current year until 202004, AUSTRIA binational trade profile

According to Dalian Infobank, during the current year until 202004, AUSTRIA-China binational exports and imports of goods amounted to 3334.3410 million and were down 13.19% comparing with the same period of last year. Among these, exports from AUSTRIA to China were 1286.6094 million and down 23.35%, imports from China to AUSTRIA were 2047.7316 million and down 5.30%. The total binational trade deficit was 761.1222 million and up 57.33%.

During the urrent year until 202004, commodities with hs2 code, 85, 84, 90, 63, 94, were binational trade's top five traded commodities. They correspond to import and export values of 751.7080 million, 689.8227 million, 206.6764 million, 203.6825 million, 127.4372 million and makes up 22.54%, 20.69%, 6.20%, 6.11%, 3.82% of the total binational imports and exports. These values were also down 17.75%, down 20.80%, down 2.53%, up 634.18%, down 21.03% comparing to the same period last year.

During the current year until 202004, 84, 85, 90, 30, 55 were the top five traded commodities exported to China from AUSTRIA, with export values of 310.0783 million, 226.7556 million, 126.2485 million, 72.5973 million, 68.0402 million. These values account for 24.10%, 17.62%, 9.81%, 5.64%, 5.29% of AUSTRIA's total exports and were down 28.37%, down 17.62%, down 8.76%, down 47.36%, down 31.98% comparing to the same period of last year.

During the current year until 202004, 85, 84, 63, 94, 90 were AUSTRIA's top five traded commodities importing from China , with import values of 524.9524 million, 379.7445 million, 200.7809 million, 124.5217 million, 80.4279 million. These values account for 25.64%, 18.54%, 9.81%, 6.08%, 3.93% of AUSTRIA's total imports and were down 17.80%, down 13.32%, up 626.01%, down 21.36%, up 9.17% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Eurostat