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Monitor Report of AUSTRIA trade and AUSTRIA-China binational trade in 202104

 1.  Overview the trade of AUSTRIA in goods current year until 202104

According to Dalian Infobank, in 202104AUSTRIA's exports and imports of goods amounted to 34833.4381 million, and were up 54.18% comparing with the same period of last year. Among these, exports were up 49.64% at 16802.0628 million, and imports were up 58.67% at 18031.3754 million. And the corresponding trade deficit was 1229.3126 million and up 808.68%.

During the current year until 202104, AUSTRIA's total exports and imports of goods were 134811.0277 million and were up 23.04% comparing to the same period of last year. Among these, exports were 65662.8326 million and up 20.82%; imports were 69148.1951 million and up 25.23%. The total trade deficit was 3485.3624 million and up 300.34%.

If considering by country (region), GERMANY, ITALY, SWITZERLAND, CZECH REPUBLIC, UNITED STATES were AUSTRIA's top five trading partners. During the current year until 202104, AUSTRIA's imports and exports to five countries/territories were 47626.8870 million, 8401.3435 million, 6925.6644 million, 5264.1073 million, 5234.9143 million. These values correspond to 35.33%, 6.23%, 5.14%, 3.90%, 3.88% of AUSTRIA's imports and exports, and, respectively, were up 25.26%, up 31.16%, up 16.38%, up 25.09%, up 20.20% comparing to the same period of last year.

Current year until 202104, AUSTRIA and the top five trade partners GERMANY, ITALY, UNITED STATES, SWITZERLAND, POLAND are the top five countries/territories that AUSTRIA exports to in terms of the total export amount. During the current year until 202104, AUSTRIA's exports to these five countries/territories were 19775.2828 million, 4156.7575 million, 4067.3558 million, 3198.7078 million, 2641.4980 million. These values correspond to 30.12%, 6.33%, 6.19%, 4.87%, 4.02% of AUSTRIA's exports and, respectively, were up 24.74%, up 31.40%, up 27.41%, up 13.33%, up 24.35% comparing with the same period of last year.

Current year until 202104, AUSTRIA's exports to top five countries/territories GERMANY, ITALY, SWITZERLAND, CHINA, NETHERLANDS are the top five countries/territories that AUSTRIA imports from in terms of the total export amount. During the current year until 202104, AUSTRIA's imports from these five countries/territories were 27851.6042 million, 4244.5860 million, 3726.9566 million, 3113.0262 million, 3058.8375 million. These values correspond to 40.28%, 6.14%, 5.39%, 4.50%, 4.42% of AUSTRIA's total imports and, respectively, were up 25.63%, up 30.93%, up 19.12%, up 52.08%, up 21.30% comparing with the same period of last year.

During the current year until 202104, the trade surplus of AUSTRIA was mainly from UNITED STATES, UNITED KINGDOM, SLOVAKIA, FRANCE, RUSSIA at 2899.7973 million, 1070.0003 million, 893.5680 million, 726.9619 million, 645.6882 million, and up 42.88%, up 68.40%, up 2.96%, down 55.10%, up 9.05%. And the trade deficits were mainly from GERMANY, NETHERLANDS, CHINA, VIETNAM, CZECH REPUBLIC at 8076.3214 million, 1792.3841 million, 1157.9676 million, 1053.5019 million, 820.2735 million, and up 27.87%, up 18.70%, up 52.12%, up 2.99%, up 56.40%.

Current year until 202104, AUSTRIA's trade surplus or deficit with top five countries/territories During the current year until 202104,  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 20280.8409 million, 14955.7732 million, 14271.0459 million, 8618.4768 million, 6185.0319 million, which were up 26.89%, up 23.90%, up 42.47%, up 31.02%, up 25.86% comparing with the same period of last year and account for 15.04%, 11.09%, 10.59%, 6.39%, 4.59% of AUSTRIA's total imports and exports.

During the current year until 202104, 84, 85, 87, 30, 39 were AUSTRIA's top five traded commodities, with total import and export values of 11079.8401 million, 6976.5157 million, 6818.5628 million, 4995.3402 million, 3175.0686 million. These values correspond to 16.87%, 10.62%, 10.38%, 7.61%, 4.84% of AUSTRIA's total exports and, respectively, were up 26.12%, up 18.34%, up 46.62%, up 23.85%, up 27.35% comparing to the same period of last year.

During the current year until 202104, 84, 85, 87, 27, 30 were AUSTRIA's top five traded commodities, with total import values of 9201.0008 million, 7979.2576 million, 7452.4831 million, 3947.0845 million, 3623.1366 million. These values correspond to 13.31%, 11.54%, 10.78%, 5.71%, 5.24% of AUSTRIA's total exports and, respectively, were up 27.83%, up 29.22%, up 38.87%, up 8.71%, up 42.39% comparing to the same period of last year.


2. Current year until 202104, AUSTRIA binational trade profile

According to Dalian Infobank, during the current year until 202104, AUSTRIA-China binational exports and imports of goods amounted to 5068.0847 million and were up 52.07% comparing with the same period of last year. Among these, exports from AUSTRIA to China were 1955.0585 million and up 52.06%, imports from China to AUSTRIA were 3113.0262 million and up 52.08%. The total binational trade deficit was 1157.9676 million and up 52.12%.

During the urrent year until 202104, commodities with hs2 code, 85, 84, 30, 87, 90, were binational trade's top five traded commodities. They correspond to import and export values of 1037.0979 million, 1011.0579 million, 710.0622 million, 276.3593 million, 267.0817 million and makes up 20.46%, 19.95%, 14.01%, 5.45%, 5.27% of the total binational imports and exports. These values were also up 37.96%, up 46.57%, up 740.54%, up 253.75%, up 29.60% comparing to the same period last year.

During the current year until 202104, 84, 85, 87, 90, 30 were the top five traded commodities exported to China from AUSTRIA, with export values of 449.7758 million, 271.7729 million, 206.2802 million, 165.8066 million, 155.3400 million. These values account for 23.01%, 13.90%, 10.55%, 8.48%, 7.95% of AUSTRIA's total exports and were up 45.05%, up 19.85%, up 547.22%, up 31.33%, up 113.97% comparing to the same period of last year.

During the current year until 202104, 85, 84, 30, 94, 63 were AUSTRIA's top five traded commodities importing from China , with import values of 765.3250 million, 561.2821 million, 554.7222 million, 165.4120 million, 106.7812 million. These values account for 24.58%, 18.03%, 17.82%, 5.31%, 3.43% of AUSTRIA's total imports and were up 45.78%, up 47.81%, up 4569.52%, up 32.84%, down 46.82% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Eurostat