1. Overview the trade of AUSTRIA in goods current year until 202010
According to Dalian Infobank, in 202010, AUSTRIA's exports and imports of goods amounted to 32604.9101 million, and were down 3.31% comparing with the same period of last year. Among these, exports were down 5.83% at 16035.2639 million, and imports were down 0.73% at 16569.6462 million. And the corresponding trade deficit was 534.3822 million and down 258.89%.
During the current year until 202010, AUSTRIA's total exports and imports of goods were 279937.6900 million and were down 8.98% comparing to the same period of last year. Among these, exports were 138765.5637 million and down 8.21%; imports were 141172.1263 million and down 9.74%. The total trade deficit was 2406.5627 million and down 54.00%.
If considering by country (region), GERMANY, ITALY, SWITZERLAND, UNITED STATES, CZECH REPUBLIC were AUSTRIA's top five trading partners. During the current year until 202010, AUSTRIA's imports and exports to five countries/territories were 98663.0774 million, 16905.4780 million, 14785.9759 million, 11281.5915 million, 10733.5655 million. These values correspond to 35.24%, 6.04%, 5.28%, 4.03%, 3.83% of AUSTRIA's imports and exports, and, respectively, were down 7.44%, down 12.61%, up 15.01%, down 20.36%, down 9.97% comparing to the same period of last year.
Current year until 202010, AUSTRIA and the top five trade partners GERMANY, UNITED STATES, ITALY, SWITZERLAND, FRANCE are the top five countries/territories that AUSTRIA exports to in terms of the total export amount. During the current year until 202010, AUSTRIA's exports to these five countries/territories were 41255.2709 million, 8414.9357 million, 8384.9835 million, 7182.2072 million, 5916.7592 million. These values correspond to 29.73%, 6.06%, 6.04%, 5.18%, 4.26% of AUSTRIA's exports and, respectively, were down 5.13%, down 8.59%, down 10.35%, up 3.01%, down 9.61% comparing with the same period of last year.
Current year until 202010, 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 202010, AUSTRIA's imports from these five countries/territories were 57407.8065 million, 8520.4945 million, 7603.7688 million, 6183.5534 million, 6012.5948 million. These values correspond to 40.67%, 6.04%, 5.39%, 4.38%, 4.26% of AUSTRIA's total imports and, respectively, were down 9.03%, down 14.74%, up 29.25%, down 7.95%, down 11.58% comparing with the same period of last year.
During the current year until 202010, the trade surplus of AUSTRIA was mainly from UNITED STATES, FRANCE, SLOVAKIA, UNITED KINGDOM, RUSSIA at 5548.2800 million, 2560.2723 million, 2218.4867 million, 1828.9653 million, 1536.1966 million, and up 30.69%, down 10.68%, down 5.18%, up 1.79%, down 7.61%. And the trade deficits were mainly from GERMANY, NETHERLANDS, VIETNAM, CHINA, CZECH REPUBLIC at 16152.5356 million, 3522.0556 million, 2532.6238 million, 1667.3791 million, 1291.6242 million, and down 17.68%, down 8.28%, down 10.77%, up 40.71%, down 23.06%.
Current year until 202010, AUSTRIA's trade surplus or deficit with top five countries/territories During the current year until 202010, 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 42086.8648 million, 31781.4695 million, 27535.8452 million, 16538.3872 million, 12300.3756 million, which were down 11.86%, down 8.18%, down 19.50%, up 4.43%, down 8.67% comparing with the same period of last year and account for 15.03%, 11.35%, 9.84%, 5.91%, 4.39% of AUSTRIA's total imports and exports.
During the current year until 202010, 84, 85, 87, 30, 39 were AUSTRIA's top five traded commodities, with total import and export values of 23490.4608 million, 15481.0709 million, 13226.9719 million, 10009.0685 million, 6233.0698 million. These values correspond to 16.93%, 11.16%, 9.53%, 7.21%, 4.49% of AUSTRIA's total exports and, respectively, were down 12.54%, down 7.74%, down 18.71%, up 5.95%, down 7.64% comparing to the same period of last year.
During the current year until 202010, 84, 85, 87, 27, 30 were AUSTRIA's top five traded commodities, with total import values of 18596.4040 million, 16300.3986 million, 14308.8733 million, 7813.0026 million, 6529.3187 million. These values correspond to 13.17%, 11.55%, 10.14%, 5.53%, 4.63% of AUSTRIA's total exports and, respectively, were down 10.98%, down 8.59%, down 20.21%, down 31.92%, up 2.18% comparing to the same period of last year.
2. Current year until 202010, AUSTRIA binational trade profile
According to Dalian Infobank, during the current year until 202010, AUSTRIA-China binational exports and imports of goods amounted to 9129.3561 million and were down 4.85% comparing with the same period of last year. Among these, exports from AUSTRIA to China were 3730.9885 million and down 11.27%, imports from China to AUSTRIA were 5398.3676 million and up 0.16%. The total binational trade deficit was 1667.3791 million and up 40.71%.
During the urrent year until 202010, commodities with hs2 code, 85, 84, 90, 63, 87, were binational trade's top five traded commodities. They correspond to import and export values of 2041.9275 million, 1971.6123 million, 592.0753 million, 469.7575 million, 332.6023 million and makes up 22.37%, 21.60%, 6.49%, 5.15%, 3.64% of the total binational imports and exports. These values were also down 6.63%, down 4.57%, down 2.22%, up 559.60%, down 28.39% comparing to the same period last year.
During the current year until 202010, 84, 85, 90, 30, 87 were the top five traded commodities exported to China from AUSTRIA, with export values of 978.6612 million, 559.9252 million, 380.8504 million, 231.2305 million, 218.4564 million. These values account for 26.23%, 15.01%, 10.21%, 6.20%, 5.86% of AUSTRIA's total exports and were down 2.62%, down 15.66%, down 10.15%, down 30.39%, down 33.42% comparing to the same period of last year.
During the current year until 202010, 85, 84, 63, 94, 90 were AUSTRIA's top five traded commodities importing from China , with import values of 1482.0023 million, 992.9511 million, 465.8369 million, 317.2612 million, 211.2249 million. These values account for 27.45%, 18.39%, 8.63%, 5.88%, 3.91% of AUSTRIA's total imports and were down 2.69%, down 6.42%, up 564.33%, down 14.55%, up 16.29% comparing with the same period of last year.
3.Analysis of import and export trends
Data Source: Eurostat