1. Overview the trade of AUSTRIA in goods current year until 202110
According to Dalian Infobank, in 202110, AUSTRIA's exports and imports of goods amounted to 35266.6494 million, and were up 7.77% comparing with the same period of last year. Among these, exports were up 4.96% at 16872.6427 million, and imports were up 10.49% at 18394.0066 million. And the corresponding trade deficit was 1521.3639 million and up 165.62%.
During the current year until 202110, AUSTRIA's total exports and imports of goods were 347639.7020 million and were up 24.03% comparing to the same period of last year. Among these, exports were 167824.3266 million and up 20.82%; imports were 179815.3754 million and up 27.18%. The total trade deficit was 11991.0489 million and up 381.53%.
If considering by country (region), GERMANY, INTRA-EU, ITALY, SWITZERLAND, UNITED STATES were AUSTRIA's top five trading partners. During the current year until 202110, AUSTRIA's imports and exports to five countries/territories were 109998.4174 million, 26102.2500 million, 20043.2261 million, 17076.7058 million, 13567.8328 million. These values correspond to 31.64%, 7.51%, 5.77%, 4.91%, 3.90% of AUSTRIA's imports and exports, and, respectively, were up 11.35%, 0, up 18.54%, up 15.45%, up 20.25% comparing to the same period of last year.
Current year until 202110, 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 202110, AUSTRIA's exports to these five countries/territories were 45078.6475 million, 12065.0400 million, 10317.7474 million, 9956.5085 million, 8151.0226 million. These values correspond to 26.86%, 7.19%, 6.15%, 5.93%, 4.86% of AUSTRIA's exports and, respectively, were up 9.07%, 0, up 22.60%, up 19.21%, up 13.40% comparing with the same period of last year.
Current year until 202110, 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 202110, AUSTRIA's imports from these five countries/territories were 64919.7699 million, 14037.2100 million, 10086.7176 million, 8925.6832 million, 7679.5838 million. These values correspond to 36.10%, 7.81%, 5.61%, 4.96%, 4.27% of AUSTRIA's total imports and, respectively, were up 12.99%, 0, up 17.88%, up 17.39%, up 42.29% comparing with the same period of last year.
During the current year until 202110, the trade surplus of AUSTRIA was mainly from UNITED STATES, UNITED KINGDOM, FRANCE, SLOVAKIA, RUSSIA at 7067.6620 million, 2364.0971 million, 1864.3430 million, 1753.5994 million, 1361.5142 million, and up 27.40%, up 30.26%, down 25.93%, down 21.16%, down 11.54%. And the trade deficits were mainly from GERMANY, NETHERLANDS, CHINA, COUNTRIES AND TERRITORIES NOT SPECIFIED FOR COMMERCIAL OR MILITARY REASONS IN THE FRAMEWORK OF TRADE WITH THIRD COUNTRIES, VIETNAM at 19841.1223 million, 4287.4734 million, 2854.8591 million, 2507.5731 million, 2444.1104 million, and up 23.04%, up 20.60%, up 71.33%, up 209.91%, down 3.49%.
Current year until 202110, AUSTRIA's trade surplus or deficit with top five countries/territories During the current year until 202110, 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 47507.3227 million, 35203.5789 million, 30962.0797 million, 26154.1669 million, 19386.9614 million, which were up 12.56%, up 10.49%, up 12.07%, up 63087.91%, up 15.81% comparing with the same period of last year and account for 13.67%, 10.13%, 8.91%, 7.52%, 5.58% of AUSTRIA's total imports and exports.
During the current year until 202110, 84, 85, 87, 99, 30 were AUSTRIA's top five traded commodities, with total import and export values of 26425.6883 million, 16368.6199 million, 14886.9871 million, 12079.6116 million, 11212.2776 million. These values correspond to 15.75%, 9.75%, 8.87%, 7.20%, 6.68% of AUSTRIA's total exports and, respectively, were up 12.19%, up 5.58%, up 11.69%, up 198145.99%, up 9.84% comparing to the same period of last year.
During the current year until 202110, 84, 85, 87, 99, 27 were AUSTRIA's top five traded commodities, with total import values of 21081.6344 million, 18834.9590 million, 16075.0926 million, 14074.5553 million, 11444.7803 million. These values correspond to 11.72%, 10.47%, 8.94%, 7.83%, 6.36% of AUSTRIA's total exports and, respectively, were up 13.03%, up 15.16%, up 12.42%, up 39773.69%, up 47.12% comparing to the same period of last year.
2. Current year until 202110, AUSTRIA binational trade profile
According to Dalian Infobank, during the current year until 202110, AUSTRIA-China binational exports and imports of goods amounted to 12504.3085 million and were up 36.98% comparing with the same period of last year. Among these, exports from AUSTRIA to China were 4824.7247 million and up 29.32%, imports from China to AUSTRIA were 7679.5838 million and up 42.29%. The total binational trade deficit was 2854.8591 million and up 71.33%.
During the urrent year until 202110, 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 2752.6218 million, 2662.7626 million, 1416.6504 million, 667.6992 million, 639.6343 million and makes up 22.01%, 21.29%, 11.33%, 5.34%, 5.12% of the total binational imports and exports. These values were also up 34.82%, up 35.05%, up 428.27%, up 12.89%, up 92.31% comparing to the same period last year.
During the current year until 202110, 84, 85, 87, 90, 30 were the top five traded commodities exported to China from AUSTRIA, with export values of 1242.7549 million, 656.4159 million, 464.1768 million, 397.6196 million, 350.8995 million. These values account for 25.76%, 13.61%, 9.62%, 8.24%, 7.27% of AUSTRIA's total exports and were up 26.99%, up 17.23%, up 112.48%, up 4.40%, up 51.75% comparing to the same period of last year.
During the current year until 202110, 85, 84, 30, 94, 90 were AUSTRIA's top five traded commodities importing from China , with import values of 2096.2058 million, 1420.0077 million, 1065.7509 million, 393.3713 million, 270.0795 million. These values account for 27.30%, 18.49%, 13.88%, 5.12%, 3.52% of AUSTRIA's total imports and were up 41.46%, up 42.99%, up 2785.47%, up 23.99%, up 28.23% comparing with the same period of last year.
3.Analysis of import and export trends
Data Source: Eurostat