1. Overview the trade of AUSTRIA in goods current year until 202108
According to Dalian Infobank, in 202108, AUSTRIA's exports and imports of goods amounted to 31411.5414 million, and were up 19.17% comparing with the same period of last year. Among these, exports were up 15.56% at 14769.5307 million, and imports were up 22.57% at 16642.0107 million. And the corresponding trade deficit was 1872.4800 million and up 135.29%.
During the current year until 202108, AUSTRIA's total exports and imports of goods were 274680.1540 million and were up 27.06% comparing to the same period of last year. Among these, exports were 132428.1659 million and up 23.61%; imports were 142251.9881 million and up 30.44%. The total trade deficit was 9823.8222 million and up 410.85%.
If considering by country (region), GERMANY, INTRA-EU, ITALY, SWITZERLAND, UNITED STATES were AUSTRIA's top five trading partners. During the current year until 202108, AUSTRIA's imports and exports to five countries/territories were 86131.2125 million, 22955.4000 million, 15770.4812 million, 13556.8771 million, 10887.6502 million. These values correspond to 31.36%, 8.36%, 5.74%, 4.94%, 3.96% of AUSTRIA's imports and exports, and, respectively, were up 13.35%, 0, up 22.61%, up 17.67%, up 24.64% comparing to the same period of last year.
Current year until 202108, AUSTRIA and the top five trade partners GERMANY, INTRA-EU, UNITED STATES, ITALY, SWITZERLAND are the top five countries/territories that AUSTRIA exports to in terms of the total export amount. During the current year until 202108, AUSTRIA's exports to these five countries/territories were 35441.7381 million, 10241.6400 million, 8206.4310 million, 7798.1227 million, 6477.7745 million. These values correspond to 26.76%, 7.73%, 6.20%, 5.89%, 4.89% of AUSTRIA's exports and, respectively, were up 11.41%, 0, up 27.12%, up 23.01%, up 13.44% comparing with the same period of last year.
Current year until 202108, AUSTRIA's exports to top five countries/territories GERMANY, INTRA-EU, ITALY, SWITZERLAND, CHINA are the top five countries/territories that AUSTRIA imports from in terms of the total export amount. During the current year until 202108, AUSTRIA's imports from these five countries/territories were 50689.4744 million, 12713.7600 million, 7972.3584 million, 7079.1026 million, 6110.0781 million. These values correspond to 35.63%, 8.94%, 5.60%, 4.98%, 4.30% of AUSTRIA's total imports and, respectively, were up 14.75%, 0, up 22.22%, up 21.83%, up 42.36% comparing with the same period of last year.
During the current year until 202108, the trade surplus of AUSTRIA was mainly from UNITED STATES, UNITED KINGDOM, FRANCE, SLOVAKIA, RUSSIA at 5525.2119 million, 1735.6069 million, 1367.7940 million, 1348.6694 million, 1125.9272 million, and up 32.30%, up 35.81%, down 36.73%, down 23.23%, down 9.77%. And the trade deficits were mainly from GERMANY, NETHERLANDS, INTRA-EU, CHINA, VIETNAM at 15247.7363 million, 3252.3901 million, 2472.1200 million, 2293.2050 million, 1940.1422 million, and up 23.33%, up 14.34%, 0, up 57.06%, down 4.58%.
Current year until 202108, AUSTRIA's trade surplus or deficit with top five countries/territories During the current year until 202108, commodities with hs2 codes, 84, 85, 87, 99, 30, were AUSTRIA's top five traded commodities. They correspond to the import and export values of 37583.9284 million, 27351.6511 million, 25155.3743 million, 22998.0066 million, 15616.9813 million, which were up 16.62%, up 11.95%, up 22.86%, up 98007.03%, up 17.54% comparing with the same period of last year and account for 13.68%, 9.96%, 9.16%, 8.37%, 5.69% of AUSTRIA's total imports and exports.
During the current year until 202108, 84, 85, 87, 99, 30 were AUSTRIA's top five traded commodities, with total import and export values of 20939.1343 million, 12678.4083 million, 11986.2881 million, 10254.9873 million, 8976.3194 million. These values correspond to 15.81%, 9.57%, 9.05%, 7.74%, 6.78% of AUSTRIA's total exports and, respectively, were up 17.15%, up 6.76%, up 22.23%, up 231735.95%, up 10.01% comparing to the same period of last year.
During the current year until 202108, 84, 85, 87, 99, 27 were AUSTRIA's top five traded commodities, with total import values of 16644.7941 million, 14673.2428 million, 13169.0862 million, 12743.0192 million, 8324.2017 million. These values correspond to 11.70%, 10.31%, 9.26%, 8.96%, 5.85% of AUSTRIA's total exports and, respectively, were up 15.97%, up 16.85%, up 23.44%, up 66903.74%, up 33.82% comparing to the same period of last year.
2. Current year until 202108, AUSTRIA binational trade profile
According to Dalian Infobank, during the current year until 202108, AUSTRIA-China binational exports and imports of goods amounted to 9926.9512 million and were up 39.34% comparing with the same period of last year. Among these, exports from AUSTRIA to China were 3816.8731 million and up 34.78%, imports from China to AUSTRIA were 6110.0781 million and up 42.36%. The total binational trade deficit was 2293.2050 million and up 57.06%.
During the urrent year until 202108, commodities with hs2 code, 85, 84, 30, 90, 87, were binational trade's top five traded commodities. They correspond to import and export values of 2092.6157 million, 2080.9700 million, 1298.7888 million, 524.5102 million, 505.4859 million and makes up 21.08%, 20.96%, 13.08%, 5.28%, 5.09% of the total binational imports and exports. These values were also up 32.58%, up 37.65%, up 495.43%, up 18.49%, up 110.66% comparing to the same period last year.
During the current year until 202108, 84, 85, 87, 90, 30 were the top five traded commodities exported to China from AUSTRIA, with export values of 956.6470 million, 527.6838 million, 365.9522 million, 313.5661 million, 292.1808 million. These values account for 25.06%, 13.83%, 9.59%, 8.22%, 7.65% of AUSTRIA's total exports and were up 27.53%, up 19.64%, up 143.13%, up 14.99%, up 54.37% comparing to the same period of last year.
During the current year until 202108, 85, 84, 30, 94, 90 were AUSTRIA's top five traded commodities importing from China , with import values of 1564.9319 million, 1124.3229 million, 1006.6080 million, 301.6303 million, 210.9441 million. These values account for 25.61%, 18.40%, 16.47%, 4.94%, 3.45% of AUSTRIA's total imports and were up 37.60%, up 47.62%, up 3388.35%, up 22.54%, up 24.10% comparing with the same period of last year.
3.Analysis of import and export trends
Data Source: Eurostat