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Monitor Report of AUSTRIA trade and AUSTRIA-China binational trade in 202005

 1.  Overview the trade of AUSTRIA in goods current year until 202005

According to Dalian Infobank, in 202005AUSTRIA's exports and imports of goods amounted to 22939.8922 million, and were down 26.75% comparing with the same period of last year. Among these, exports were down 26.78% at 11226.9959 million, and imports were down 26.72% at 11712.8963 million. And the corresponding trade deficit was 485.9004 million and down 25.20%.

During the current year until 202005, AUSTRIA's total exports and imports of goods were 132271.0327 million and were down 15.59% comparing to the same period of last year. Among these, exports were 65441.9102 million and down 14.65%; imports were 66829.1225 million and down 16.49%. The total trade deficit was 1387.2124 million and down 58.65%.

If considering by country (region), GERMANY, ITALY, SWITZERLAND, UNITED STATES, CZECH REPUBLIC were AUSTRIA's top five trading partners. During the current year until 202005, AUSTRIA's imports and exports to five countries/territories were 46232.7373 million, 7801.9565 million, 7226.6448 million, 5285.9357 million, 5069.2442 million. These values correspond to 34.95%, 5.90%, 5.46%, 4.00%, 3.83% of AUSTRIA's imports and exports, and, respectively, were down 15.23%, down 19.42%, up 10.04%, down 25.02%, down 17.22% comparing to the same period of last year.

Current year until 202005, 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 202005, AUSTRIA's exports to these five countries/territories were 19246.3164 million, 3871.1879 million, 3856.4211 million, 3442.1279 million, 3310.1442 million. These values correspond to 29.41%, 5.92%, 5.89%, 5.26%, 5.06% of AUSTRIA's exports and, respectively, were down 13.05%, down 17.91%, down 16.03%, down 4.79%, down 9.19% comparing with the same period of last year.

Current year until 202005, 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 202005, AUSTRIA's imports from these five countries/territories were 26986.4209 million, 3930.7687 million, 3784.5168 million, 3041.6760 million, 2846.1870 million. These values correspond to 40.38%, 5.88%, 5.66%, 4.55%, 4.26% of AUSTRIA's total imports and, respectively, were down 16.72%, down 20.85%, up 28.19%, down 11.61%, down 18.93% comparing with the same period of last year.

During the current year until 202005, the trade surplus of AUSTRIA was mainly from UNITED STATES, FRANCE, SLOVAKIA, UNITED KINGDOM, RUSSIA at 2426.9065 million, 1737.1004 million, 1018.5006 million, 763.6582 million, 750.5021 million, and up 13.61%, up 1.87%, down 10.53%, down 12.04%, up 2.26%. And the trade deficits were mainly from GERMANY, NETHERLANDS, VIETNAM, CHINA, CZECH REPUBLIC at 7740.1045 million, 1817.0337 million, 1202.1184 million, 960.5006 million, 623.1298 million, and down 24.62%, down 8.32%, down 16.67%, up 66.24%, down 30.62%.

Current year until 202005, AUSTRIA's trade surplus or deficit with top five countries/territories During the current year until 202005,  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 19207.8824 million, 14624.9787 million, 11848.7007 million, 8107.4768 million, 5986.8555 million, which were down 21.10%, down 17.38%, down 33.52%, up 4.92%, down 13.00% comparing with the same period of last year and account for 14.52%, 11.06%, 8.96%, 6.13%, 4.53% of AUSTRIA's total imports and exports.

During the current year until 202005, 84, 85, 87, 30, 39 were AUSTRIA's top five traded commodities, with total import and export values of 10537.1638 million, 7120.1517 million, 5538.8672 million, 4985.2675 million, 3032.8113 million. These values correspond to 16.10%, 10.88%, 8.46%, 7.62%, 4.63% of AUSTRIA's total exports and, respectively, were down 21.97%, down 16.65%, down 33.99%, up 10.81%, down 11.72% comparing to the same period of last year.

During the current year until 202005, 84, 85, 87, 27, 30 were AUSTRIA's top five traded commodities, with total import values of 8670.7187 million, 7504.8270 million, 6309.8335 million, 4183.0510 million, 3122.2094 million. These values correspond to 12.97%, 11.23%, 9.44%, 6.26%, 4.67% of AUSTRIA's total exports and, respectively, were down 20.01%, down 18.07%, down 33.11%, down 29.74%, down 3.29% comparing to the same period of last year.


2. Current year until 202005, AUSTRIA binational trade profile

According to Dalian Infobank, during the current year until 202005, AUSTRIA-China binational exports and imports of goods amounted to 4314.0214 million and were down 9.45% comparing with the same period of last year. Among these, exports from AUSTRIA to China were 1676.7604 million and down 19.90%, imports from China to AUSTRIA were 2637.2610 million and down 1.26%. The total binational trade deficit was 960.5006 million and up 66.24%.

During the urrent year until 202005, commodities with hs2 code, 85, 84, 63, 90, 94, were binational trade's top five traded commodities. They correspond to import and export values of 953.1054 million, 912.2448 million, 330.0634 million, 267.8880 million, 151.7705 million and makes up 22.09%, 21.15%, 7.65%, 6.21%, 3.52% of the total binational imports and exports. These values were also down 16.68%, down 13.31%, up 870.67%, down 2.80%, down 23.01% comparing to the same period last year.

During the current year until 202005, 84, 85, 90, 30, 55 were the top five traded commodities exported to China from AUSTRIA, with export values of 440.0048 million, 276.5927 million, 164.7132 million, 102.6481 million, 73.8032 million. These values account for 26.24%, 16.50%, 9.82%, 6.12%, 4.40% of AUSTRIA's total exports and were down 15.98%, down 20.63%, down 10.32%, down 38.53%, down 44.62% comparing to the same period of last year.

During the current year until 202005, 85, 84, 63, 94, 90 were AUSTRIA's top five traded commodities importing from China , with import values of 676.5128 million, 472.2400 million, 326.2605 million, 148.2231 million, 103.1748 million. These values account for 25.65%, 17.91%, 12.37%, 5.62%, 3.91% of AUSTRIA's total imports and were down 14.95%, down 10.66%, up 865.69%, down 23.22%, up 12.21% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Eurostat