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Monitor Report of AUSTRIA trade and AUSTRIA-China binational trade in 202007

 1.  Overview the trade of AUSTRIA in goods current year until 202007

According to Dalian Infobank, in 202007AUSTRIA's exports and imports of goods amounted to 29663.1583 million, and were down 8.68% comparing with the same period of last year. Among these, exports were down 3.89% at 15085.4486 million, and imports were down 13.15% at 14577.7097 million. And the corresponding trade surplus was 507.7389 million and down 146.60%.

During the current year until 202007, AUSTRIA's total exports and imports of goods were 189220.7734 million and were down 13.15% comparing to the same period of last year. Among these, exports were 94091.1555 million and down 11.75%; imports were 95129.6179 million and down 14.49%. The total trade deficit was 1038.4624 million and down 77.59%.

If considering by country (region), GERMANY, ITALY, SWITZERLAND, UNITED STATES, CZECH REPUBLIC were AUSTRIA's top five trading partners. During the current year until 202007, AUSTRIA's imports and exports to five countries/territories were 66576.1267 million, 11416.6143 million, 10223.0303 million, 7674.8613 million, 7194.2388 million. These values correspond to 35.18%, 6.03%, 5.40%, 4.06%, 3.80% of AUSTRIA's imports and exports, and, respectively, were down 11.93%, down 17.00%, up 13.58%, down 26.52%, down 14.75% comparing to the same period of last year.

Current year until 202007, 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 202007, AUSTRIA's exports to these five countries/territories were 28003.9162 million, 5672.5090 million, 5627.9201 million, 5129.5658 million, 4355.4052 million. These values correspond to 29.76%, 6.03%, 5.98%, 5.45%, 4.63% of AUSTRIA's exports and, respectively, were down 9.41%, down 14.71%, down 12.96%, up 3.64%, down 8.54% comparing with the same period of last year.

Current year until 202007, 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 202007, AUSTRIA's imports from these five countries/territories were 38572.2105 million, 5744.1053 million, 5093.4644 million, 4249.5038 million, 4065.5720 million. These values correspond to 40.55%, 6.04%, 5.35%, 4.47%, 4.27% of AUSTRIA's total imports and, respectively, were down 13.67%, down 19.14%, up 25.73%, down 9.64%, down 15.57% comparing with the same period of last year.

During the current year until 202007, the trade surplus of AUSTRIA was mainly from UNITED STATES, FRANCE, SLOVAKIA, UNITED KINGDOM, RUSSIA at 3580.9789 million, 2053.4999 million, 1434.0008 million, 1170.3530 million, 1122.3743 million, and up 44.00%, down 2.48%, down 11.94%, down 2.10%, up 7.78%. And the trade deficits were mainly from GERMANY, NETHERLANDS, VIETNAM, CHINA, CZECH REPUBLIC at 10568.2943 million, 2508.0471 million, 1682.1842 million, 1296.4413 million, 936.9053 million, and down 23.25%, down 6.70%, down 13.22%, up 57.15%, down 21.34%.

Current year until 202007, AUSTRIA's trade surplus or deficit with top five countries/territories During the current year until 202007,  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 28227.3014 million, 20966.7683 million, 18058.4736 million, 11776.4112 million, 8479.6747 million, which were down 16.41%, down 13.46%, down 27.37%, up 7.70%, down 11.53% comparing with the same period of last year and account for 14.92%, 11.08%, 9.54%, 6.22%, 4.48% of AUSTRIA's total imports and exports.

During the current year until 202007, 84, 85, 87, 30, 39 were AUSTRIA's top five traded commodities, with total import and export values of 15622.6291 million, 10205.6905 million, 8681.1353 million, 7269.7434 million, 4298.8551 million. These values correspond to 16.60%, 10.85%, 9.23%, 7.73%, 4.57% of AUSTRIA's total exports and, respectively, were down 16.97%, down 12.86%, down 26.37%, up 12.78%, down 10.37% comparing to the same period of last year.

During the current year until 202007, 84, 85, 87, 27, 30 were AUSTRIA's top five traded commodities, with total import values of 12604.6723 million, 10761.0778 million, 9377.3383 million, 5487.0278 million, 4506.6677 million. These values correspond to 13.25%, 11.31%, 9.86%, 5.77%, 4.74% of AUSTRIA's total exports and, respectively, were down 15.70%, down 14.02%, down 28.28%, down 32.75%, up 0.40% comparing to the same period of last year.


2. Current year until 202007, AUSTRIA binational trade profile

According to Dalian Infobank, during the current year until 202007, AUSTRIA-China binational exports and imports of goods amounted to 6229.6704 million and were down 7.44% comparing with the same period of last year. Among these, exports from AUSTRIA to China were 2466.6145 million and down 16.47%, imports from China to AUSTRIA were 3763.0559 million and down 0.39%. The total binational trade deficit was 1296.4413 million and up 57.15%.

During the urrent year until 202007, 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 1373.8450 million, 1304.3500 million, 406.0964 million, 381.4025 million, 219.8117 million and makes up 22.05%, 20.94%, 6.52%, 6.12%, 3.53% of the total binational imports and exports. These values were also down 10.78%, down 11.72%, up 707.13%, down 7.18%, down 20.57% comparing to the same period last year.

During the current year until 202007, 84, 85, 90, 30, 87 were the top five traded commodities exported to China from AUSTRIA, with export values of 649.2678 million, 387.5260 million, 230.1159 million, 159.0983 million, 138.7890 million. These values account for 26.32%, 15.71%, 9.33%, 6.45%, 5.63% of AUSTRIA's total exports and were down 12.17%, down 16.57%, down 18.31%, down 34.38%, down 36.49% comparing to the same period of last year.

During the current year until 202007, 85, 84, 63, 94, 90 were AUSTRIA's top five traded commodities importing from China , with import values of 986.3190 million, 655.0822 million, 402.2538 million, 214.7019 million, 151.2867 million. These values account for 26.21%, 17.41%, 10.69%, 5.71%, 4.02% of AUSTRIA's total imports and were down 8.28%, down 11.28%, up 713.01%, down 20.65%, up 17.08% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Eurostat