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Monitor Report of AUSTRIA trade and AUSTRIA-China binational trade in 202105

 1.  Overview the trade of AUSTRIA in goods current year until 202105

According to Dalian Infobank, in 202105AUSTRIA's exports and imports of goods amounted to 33843.0735 million, and were up 47.46% comparing with the same period of last year. Among these, exports were up 45.50% at 16317.1409 million, and imports were up 49.34% at 17525.9327 million. And the corresponding trade deficit was 1208.7918 million and up 132.13%.

During the current year until 202105, AUSTRIA's total exports and imports of goods were 169821.9512 million and were up 28.15% comparing to the same period of last year. Among these, exports were 82453.1252 million and up 25.76%; imports were 87368.8260 million and up 30.49%. The total trade deficit was 4915.7009 million and up 253.31%.

If considering by country (region), GERMANY, ITALY, SWITZERLAND, CZECH REPUBLIC, UNITED STATES were AUSTRIA's top five trading partners. During the current year until 202105, AUSTRIA's imports and exports to five countries/territories were 60010.6000 million, 10819.9801 million, 8629.9695 million, 6710.5142 million, 6596.2085 million. These values correspond to 35.34%, 6.37%, 5.08%, 3.95%, 3.88% of AUSTRIA's imports and exports, and, respectively, were up 29.86%, up 38.70%, up 19.19%, up 31.87%, up 24.59% comparing to the same period of last year.

Current year until 202105, 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 202105, AUSTRIA's exports to these five countries/territories were 24833.7367 million, 5329.2196 million, 5133.7596 million, 4049.2491 million, 3328.4859 million. These values correspond to 30.12%, 6.46%, 6.23%, 4.91%, 4.04% of AUSTRIA's exports and, respectively, were up 28.92%, up 38.29%, up 32.79%, up 17.16%, up 30.94% comparing with the same period of last year.

Current year until 202105, AUSTRIA's exports to top five countries/territories GERMANY, ITALY, SWITZERLAND, CHINA, CZECH REPUBLIC are the top five countries/territories that AUSTRIA imports from in terms of the total export amount. During the current year until 202105, AUSTRIA's imports from these five countries/territories were 35176.8633 million, 5490.7605 million, 4580.7203 million, 4014.9131 million, 3876.3368 million. These values correspond to 40.26%, 6.28%, 5.24%, 4.60%, 4.44% of AUSTRIA's total imports and, respectively, were up 30.54%, up 39.10%, up 21.05%, up 52.28%, up 35.34% comparing with the same period of last year.

During the current year until 202105, the trade surplus of AUSTRIA was mainly from UNITED STATES, UNITED KINGDOM, SLOVAKIA, FRANCE, RUSSIA at 3671.3108 million, 1308.9185 million, 1078.0798 million, 948.8554 million, 748.7387 million, and up 50.60%, up 77.93%, up 6.40%, down 44.80%, down 0.63%. And the trade deficits were mainly from GERMANY, NETHERLANDS, CHINA, VIETNAM, CZECH REPUBLIC at 10343.1266 million, 2243.2396 million, 1585.4744 million, 1273.4091 million, 1042.1594 million, and up 34.60%, up 23.50%, up 65.05%, up 5.93%, up 62.97%.

Current year until 202105, AUSTRIA's trade surplus or deficit with top five countries/territories During the current year until 202105,  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 25350.1772 million, 18705.8414 million, 17598.1287 million, 10746.7174 million, 8027.4645 million, which were up 30.82%, up 27.67%, up 47.71%, up 32.69%, up 34.59% comparing with the same period of last year and account for 14.93%, 11.01%, 10.36%, 6.33%, 4.73% of AUSTRIA's total imports and exports.

During the current year until 202105, 84, 85, 87, 30, 39 were AUSTRIA's top five traded commodities, with total import and export values of 13910.0676 million, 8693.3653 million, 8339.1726 million, 6074.8744 million, 4078.8058 million. These values correspond to 16.87%, 10.54%, 10.11%, 7.37%, 4.95% of AUSTRIA's total exports and, respectively, were up 30.41%, up 22.15%, up 49.62%, up 22.27%, up 35.27% comparing to the same period of last year.

During the current year until 202105, 84, 85, 87, 27, 30 were AUSTRIA's top five traded commodities, with total import values of 11440.1096 million, 10012.4761 million, 9258.9561 million, 5138.9472 million, 4671.8430 million. These values correspond to 13.09%, 11.46%, 10.60%, 5.88%, 5.35% of AUSTRIA's total exports and, respectively, were up 31.32%, up 32.89%, up 46.03%, up 23.32%, up 49.21% comparing to the same period of last year.


2. Current year until 202105, AUSTRIA binational trade profile

According to Dalian Infobank, during the current year until 202105, AUSTRIA-China binational exports and imports of goods amounted to 6444.3518 million and were up 49.44% comparing with the same period of last year. Among these, exports from AUSTRIA to China were 2429.4387 million and up 44.97%, imports from China to AUSTRIA were 4014.9131 million and up 52.28%. The total binational trade deficit was 1585.4744 million and up 65.05%.

During the urrent year until 202105, commodities with hs2 code, 84, 85, 30, 87, 90, were binational trade's top five traded commodities. They correspond to import and export values of 1303.6400 million, 1303.6397 million, 1022.1238 million, 329.4350 million, 328.8658 million and makes up 20.23%, 20.23%, 15.86%, 5.11%, 5.10% of the total binational imports and exports. These values were also up 42.90%, up 36.77%, up 775.42%, up 209.78%, up 23.04% comparing to the same period last year.

During the current year until 202105, 84, 85, 87, 90, 30 were the top five traded commodities exported to China from AUSTRIA, with export values of 585.5572 million, 335.2242 million, 242.6817 million, 202.7670 million, 197.2763 million. These values account for 24.10%, 13.80%, 9.99%, 8.35%, 8.12% of AUSTRIA's total exports and were up 33.08%, up 21.20%, up 373.53%, up 23.10%, up 92.19% comparing to the same period of last year.

During the current year until 202105, 85, 30, 84, 94, 90 were AUSTRIA's top five traded commodities importing from China , with import values of 968.4155 million, 824.8475 million, 718.0828 million, 200.0325 million, 126.0988 million. These values account for 24.12%, 20.54%, 17.89%, 4.98%, 3.14% of AUSTRIA's total imports and were up 43.14%, up 5745.68%, up 52.06%, up 34.95%, up 22.93% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Eurostat