1.  Overview the trade of AUSTRIA in goods current year until 202011

According to Dalian Infobank, in 202011, AUSTRIA's exports and imports of goods amounted to 32217.8199 million, and were up 7.48% comparing with the same period of last year. Among these, exports were up 8.30% at 15977.0840 million, and imports were up 6.69% at 16240.7359 million. And the corresponding trade deficit was 263.6520 million and down 43.87%.

During the current year until 202011, AUSTRIA's total exports and imports of goods were 312155.5099 million and were down 7.52% comparing to the same period of last year. Among these, exports were 154742.6476 million and down 6.74%; imports were 157412.8623 million and down 8.28%. The total trade deficit was 2670.2146 million and down 53.17%.

If considering by country (region), GERMANY, ITALY, SWITZERLAND, UNITED STATES, CZECH REPUBLIC were AUSTRIA's top five trading partners. During the current year until 202011, AUSTRIA's imports and exports to five countries/territories were 110259.8750 million, 18926.4807 million, 16235.9963 million, 12708.7873 million, 12040.2907 million. These values correspond to 35.32%, 6.06%, 5.20%, 4.07%, 3.86% of AUSTRIA's imports and exports, and, respectively, were down 5.84%, down 10.73%, up 14.72%, down 17.02%, down 8.47% comparing to the same period of last year.

Current year until 202011, 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 202011, AUSTRIA's exports to these five countries/territories were 46092.5137 million, 9461.1978 million, 9423.9219 million, 7949.6142 million, 6539.3683 million. These values correspond to 29.79%, 6.11%, 6.09%, 5.14%, 4.23% of AUSTRIA's exports and, respectively, were down 3.49%, down 6.57%, down 8.04%, up 4.38%, down 8.59% comparing with the same period of last year.

Current year until 202011, 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 202011, AUSTRIA's imports from these five countries/territories were 64167.3613 million, 9502.5588 million, 8286.3821 million, 6916.1385 million, 6757.5898 million. These values correspond to 40.76%, 6.04%, 5.26%, 4.39%, 4.29% of AUSTRIA's total imports and, respectively, were down 7.46%, down 13.25%, up 26.78%, down 6.57%, down 10.16% comparing with the same period of last year.

During the current year until 202011, the trade surplus of AUSTRIA was mainly from UNITED STATES, FRANCE, SLOVAKIA, UNITED KINGDOM, RUSSIA at 6213.6083 million, 2791.1908 million, 2421.2368 million, 2063.8659 million, 1723.1218 million, and up 25.85%, down 9.94%, down 6.84%, up 7.81%, down 7.50%. And the trade deficits were mainly from GERMANY, NETHERLANDS, VIETNAM, CHINA, CZECH REPUBLIC at 18074.8475 million, 3918.2421 million, 2756.0136 million, 1801.4086 million, 1474.8889 million, and down 16.24%, down 7.68%, down 12.94%, up 54.16%, down 21.95%.

Current year until 202011, AUSTRIA's trade surplus or deficit with top five countries/territories During the current year until 202011,  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 47152.7875 million, 35646.1802 million, 31122.5702 million, 18260.2921 million, 13665.2654 million, which were down 10.00%, down 6.79%, down 16.94%, up 4.64%, down 6.95% comparing with the same period of last year and account for 15.11%, 11.42%, 9.97%, 5.85%, 4.38% of AUSTRIA's total imports and exports.

During the current year until 202011, 84, 85, 87, 30, 39 were AUSTRIA's top five traded commodities, with total import and export values of 26308.0988 million, 17269.8548 million, 15000.4481 million, 11020.9600 million, 6936.0520 million. These values correspond to 17.00%, 11.16%, 9.69%, 7.12%, 4.48% of AUSTRIA's total exports and, respectively, were down 10.87%, down 6.71%, down 15.67%, up 5.59%, down 5.83% comparing to the same period of last year.

During the current year until 202011, 84, 85, 87, 27, 30 were AUSTRIA's top five traded commodities, with total import values of 20844.6886 million, 18376.3254 million, 16122.1221 million, 8570.7742 million, 7239.3321 million. These values correspond to 13.24%, 11.67%, 10.24%, 5.44%, 4.60% of AUSTRIA's total exports and, respectively, were down 8.88%, down 6.87%, down 18.09%, down 31.86%, up 3.23% comparing to the same period of last year.

2. Current year until 202011, AUSTRIA binational trade profile

According to Dalian Infobank, during the current year until 202011, AUSTRIA-China binational exports and imports of goods amounted to 10141.4130 million and were down 3.79% comparing with the same period of last year. Among these, exports from AUSTRIA to China were 4170.0022 million and down 11.01%, imports from China to AUSTRIA were 5971.4108 million and up 1.99%. The total binational trade deficit was 1801.4086 million and up 54.16%.

During the urrent year until 202011, 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 2280.9551 million, 2195.0489 million, 673.2618 million, 482.5910 million, 379.7949 million and makes up 22.49%, 21.64%, 6.64%, 4.76%, 3.74% of the total binational imports and exports. These values were also down 5.28%, down 4.82%, down 1.41%, up 540.70%, down 24.16% comparing to the same period last year.

During the current year until 202011, 84, 85, 90, 87, 30 were the top five traded commodities exported to China from AUSTRIA, with export values of 1071.4430 million, 622.2383 million, 437.1569 million, 254.6024 million, 245.7615 million. These values account for 25.69%, 14.92%, 10.48%, 6.11%, 5.89% of AUSTRIA's total exports and were down 6.78%, down 14.33%, down 8.94%, down 28.27%, down 33.06% comparing to the same period of last year.

During the current year until 202011, 85, 84, 63, 94, 90 were AUSTRIA's top five traded commodities importing from China , with import values of 1658.7169 million, 1123.6059 million, 478.6545 million, 353.3085 million, 236.1049 million. These values account for 27.78%, 18.82%, 8.02%, 5.92%, 3.95% of AUSTRIA's total imports and were down 1.38%, down 2.88%, up 545.32%, down 11.77%, up 16.44% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: Eurostat