1.  Overview the trade of AUSTRIA in goods current year until 202012

According to Dalian Infobank, in 202012, AUSTRIA's exports and imports of goods amounted to 28660.5378 million, and were up 10.74% comparing with the same period of last year. Among these, exports were up 10.57% at 14094.6145 million, and imports were up 10.91% at 14565.9233 million. And the corresponding trade deficit was 471.3088 million and up 21.97%.

During the current year until 202012, AUSTRIA's total exports and imports of goods were 340816.0477 million and were down 6.22% comparing to the same period of last year. Among these, exports were 168837.2621 million and down 5.50%; imports were 171978.7856 million and down 6.92%. The total trade deficit was 3141.5234 million and down 48.40%.

If considering by country (region), GERMANY, ITALY, SWITZERLAND, UNITED STATES, CZECH REPUBLIC were AUSTRIA's top five trading partners. During the current year until 202012, AUSTRIA's imports and exports to five countries/territories were 120400.0474 million, 20630.2633 million, 17492.0990 million, 13893.1333 million, 13194.0925 million. These values correspond to 35.33%, 6.05%, 5.13%, 4.08%, 3.87% of AUSTRIA's imports and exports, and, respectively, were down 4.42%, down 9.63%, up 14.79%, down 15.24%, down 7.07% comparing to the same period of last year.

Current year until 202012, 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 202012, AUSTRIA's exports to these five countries/territories were 50244.0305 million, 10374.0835 million, 10251.6770 million, 8597.8434 million, 7047.7943 million. These values correspond to 29.76%, 6.14%, 6.07%, 5.09%, 4.17% of AUSTRIA's exports and, respectively, were down 1.98%, down 5.49%, down 6.78%, up 4.61%, down 7.85% comparing with the same period of last year.

Current year until 202012, 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 202012, AUSTRIA's imports from these five countries/territories were 70156.0168 million, 10378.5863 million, 8894.2556 million, 7571.0508 million, 7434.4245 million. These values correspond to 40.79%, 6.03%, 5.17%, 4.40%, 4.32% of AUSTRIA's total imports and, respectively, were down 6.09%, down 12.28%, up 26.71%, down 5.52%, down 8.51% comparing with the same period of last year.

During the current year until 202012, the trade surplus of AUSTRIA was mainly from UNITED STATES, FRANCE, SLOVAKIA, UNITED KINGDOM, RUSSIA at 6855.0337 million, 2923.1666 million, 2490.8442 million, 2274.4328 million, 1896.4213 million, and up 23.28%, down 10.39%, down 7.52%, up 11.25%, down 5.56%. And the trade deficits were mainly from GERMANY, NETHERLANDS, VIETNAM, CHINA, CZECH REPUBLIC at 19911.9863 million, 4257.3406 million, 2902.2881 million, 1955.3412 million, 1674.7566 million, and down 15.07%, down 7.37%, down 13.32%, up 73.26%, down 18.46%.

Current year until 202012, AUSTRIA's trade surplus or deficit with top five countries/territories During the current year until 202012,  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 51742.2549 million, 38884.1588 million, 34208.9555 million, 19871.6770 million, 14784.6208 million, which were down 8.58%, down 5.61%, down 15.05%, up 5.18%, down 5.34% comparing with the same period of last year and account for 15.18%, 11.41%, 10.04%, 5.83%, 4.34% of AUSTRIA's total imports and exports.

During the current year until 202012, 84, 85, 87, 30, 39 were AUSTRIA's top five traded commodities, with total import and export values of 28926.8744 million, 18807.5475 million, 16429.3450 million, 11931.2830 million, 7515.4097 million. These values correspond to 17.13%, 11.14%, 9.73%, 7.07%, 4.45% of AUSTRIA's total exports and, respectively, were down 9.43%, down 5.66%, down 14.04%, up 5.95%, down 4.03% comparing to the same period of last year.

During the current year until 202012, 84, 85, 87, 27, 30 were AUSTRIA's top five traded commodities, with total import values of 22815.3805 million, 20076.6113 million, 17779.6105 million, 9413.3519 million, 7940.3940 million. These values correspond to 13.27%, 11.67%, 10.34%, 5.47%, 4.62% of AUSTRIA's total exports and, respectively, were down 7.47%, down 5.57%, down 15.95%, down 31.45%, up 4.05% comparing to the same period of last year.

2. Current year until 202012, AUSTRIA binational trade profile

According to Dalian Infobank, during the current year until 202012, AUSTRIA-China binational exports and imports of goods amounted to 11138.1644 million and were down 2.47% comparing with the same period of last year. Among these, exports from AUSTRIA to China were 4591.4116 million and down 10.77%, imports from China to AUSTRIA were 6546.7528 million and up 4.34%. The total binational trade deficit was 1955.3412 million and up 73.26%.

During the urrent year until 202012, 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 2498.8761 million, 2417.3243 million, 745.9321 million, 510.8274 million, 415.8125 million and makes up 22.44%, 21.70%, 6.70%, 4.59%, 3.73% of the total binational imports and exports. These values were also down 4.05%, down 2.82%, down 5.74%, up 535.68%, down 25.03% comparing to the same period last year.

During the current year until 202012, 84, 85, 90, 87, 30 were the top five traded commodities exported to China from AUSTRIA, with export values of 1184.0778 million, 684.6605 million, 484.5705 million, 277.9840 million, 272.7102 million. These values account for 25.79%, 14.91%, 10.55%, 6.05%, 5.94% of AUSTRIA's total exports and were down 5.40%, down 12.90%, down 15.10%, down 30.30%, down 30.61% comparing to the same period of last year.

During the current year until 202012, 85, 84, 63, 94, 90 were AUSTRIA's top five traded commodities importing from China , with import values of 1814.2156 million, 1233.2464 million, 506.8739 million, 390.0102 million, 261.3616 million. These values account for 27.71%, 18.84%, 7.74%, 5.96%, 3.99% of AUSTRIA's total imports and were down 0.22%, down 0.21%, up 540.22%, down 9.73%, up 18.48% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: Eurostat