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Monitor Report of AUSTRIA trade and AUSTRIA-China binational trade in 202006

 1.  Overview the trade of AUSTRIA in goods current year until 202006

According to Dalian Infobank, in 202006AUSTRIA's exports and imports of goods amounted to 27286.5824 million, and were down 4.91% comparing with the same period of last year. Among these, exports were down 4.84% at 13563.7968 million, and imports were down 4.98% at 13722.7857 million. And the corresponding trade deficit was 158.9889 million and down 15.77%.

During the current year until 202006, AUSTRIA's total exports and imports of goods were 159557.6152 million and were down 13.94% comparing to the same period of last year. Among these, exports were 79005.7069 million and down 13.11%; imports were 80551.9082 million and down 14.73%. The total trade deficit was 1546.2013 million and down 56.36%.

If considering by country (region), GERMANY, ITALY, SWITZERLAND, UNITED STATES, CZECH REPUBLIC were AUSTRIA's top five trading partners. During the current year until 202006, AUSTRIA's imports and exports to five countries/territories were 56020.0832 million, 9474.6871 million, 8778.5430 million, 6424.5195 million, 6100.9379 million. These values correspond to 35.11%, 5.94%, 5.50%, 4.03%, 3.82% of AUSTRIA's imports and exports, and, respectively, were down 13.15%, down 18.40%, up 13.47%, down 21.54%, down 16.07% comparing to the same period of last year.

Current year until 202006, 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 202006, AUSTRIA's exports to these five countries/territories were 23405.9931 million, 4705.5177 million, 4671.9924 million, 4253.2515 million, 3827.4603 million. These values correspond to 29.63%, 5.96%, 5.91%, 5.38%, 4.84% of AUSTRIA's exports and, respectively, were down 10.91%, down 16.57%, down 14.18%, down 1.03%, down 8.83% comparing with the same period of last year.

Current year until 202006, 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 202006, AUSTRIA's imports from these five countries/territories were 32614.0902 million, 4769.1694 million, 4525.2915 million, 3650.6009 million, 3430.5892 million. These values correspond to 40.49%, 5.92%, 5.62%, 4.53%, 4.26% of AUSTRIA's total imports and, respectively, were down 14.68%, down 20.13%, up 31.60%, down 9.58%, down 17.45% comparing with the same period of last year.

During the current year until 202006, the trade surplus of AUSTRIA was mainly from UNITED STATES, FRANCE, SLOVAKIA, UNITED KINGDOM, RUSSIA at 2919.4654 million, 1898.9153 million, 1268.6325 million, 903.8729 million, 899.3691 million, and up 8.17%, down 1.00%, down 9.44%, down 11.45%, up 0.96%. And the trade deficits were mainly from GERMANY, NETHERLANDS, VIETNAM, CHINA, CZECH REPUBLIC at 9208.0971 million, 2185.2514 million, 1455.9788 million, 1114.0883 million, 760.2404 million, and down 22.97%, down 5.01%, down 13.95%, up 64.78%, down 27.04%.

Current year until 202006, AUSTRIA's trade surplus or deficit with top five countries/territories During the current year until 202006,  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 23489.5851 million, 17704.2857 million, 14786.3748 million, 9916.1437 million, 7189.2838 million, which were down 18.46%, down 15.05%, down 30.41%, up 6.81%, down 11.97% comparing with the same period of last year and account for 14.72%, 11.10%, 9.27%, 6.21%, 4.51% of AUSTRIA's total imports and exports.

During the current year until 202006, 84, 85, 87, 30, 39 were AUSTRIA's top five traded commodities, with total import and export values of 12919.1789 million, 8612.5042 million, 7006.0738 million, 6108.6735 million, 3649.1479 million. These values correspond to 16.35%, 10.90%, 8.87%, 7.73%, 4.62% of AUSTRIA's total exports and, respectively, were down 19.33%, down 14.43%, down 30.09%, up 12.31%, down 10.56% comparing to the same period of last year.

During the current year until 202006, 84, 85, 87, 27, 30 were AUSTRIA's top five traded commodities, with total import values of 10570.4061 million, 9091.7815 million, 7780.3010 million, 4754.3516 million, 3807.4703 million. These values correspond to 13.12%, 11.29%, 9.66%, 5.90%, 4.73% of AUSTRIA's total exports and, respectively, were down 17.37%, down 15.63%, down 30.69%, down 32.39%, down 0.98% comparing to the same period of last year.


2. Current year until 202006, AUSTRIA binational trade profile

According to Dalian Infobank, during the current year until 202006, AUSTRIA-China binational exports and imports of goods amounted to 5210.8887 million and were down 8.44% comparing with the same period of last year. Among these, exports from AUSTRIA to China were 2048.4002 million and down 18.31%, imports from China to AUSTRIA were 3162.4885 million and down 0.67%. The total binational trade deficit was 1114.0883 million and up 64.78%.

During the urrent year until 202006, 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 1159.4405 million, 1111.1839 million, 371.1116 million, 326.9755 million, 179.2181 million and makes up 22.25%, 21.32%, 7.12%, 6.27%, 3.44% of the total binational imports and exports. These values were also down 12.44%, down 11.40%, up 814.62%, down 4.05%, down 22.82% comparing to the same period last year.

During the current year until 202006, 84, 85, 90, 30, 83 were the top five traded commodities exported to China from AUSTRIA, with export values of 551.3298 million, 328.8674 million, 198.9991 million, 113.4796 million, 90.8925 million. These values account for 26.92%, 16.05%, 9.71%, 5.54%, 4.44% of AUSTRIA's total exports and were down 13.19%, down 17.50%, down 13.80%, down 43.47%, up 19.31% comparing to the same period of last year.

During the current year until 202006, 85, 84, 63, 94, 90 were AUSTRIA's top five traded commodities importing from China , with import values of 830.5731 million, 559.8541 million, 367.2966 million, 174.8431 million, 127.9763 million. These values account for 26.26%, 17.70%, 11.61%, 5.53%, 4.05% of AUSTRIA's total imports and were down 10.26%, down 9.56%, up 815.70%, down 22.96%, up 16.44% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Eurostat