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Monitor Report of AUSTRIA trade and AUSTRIA-China binational trade in 202201

 1.  Overview the trade of AUSTRIA in goods current year until 202201

According to Dalian Infobank, in 202201AUSTRIA's exports and imports of goods amounted to 32796.8965 million, and were up 12.69% comparing with the same period of last year. Among these, exports were up 7.34% at 15326.8481 million, and imports were up 17.84% at 17470.0484 million. And the corresponding trade deficit was 2143.2003 million and up 292.25%.

During the current year until 202201, AUSTRIA's total exports and imports of goods were 32796.8965 million and were up 12.69% comparing to the same period of last year. Among these, exports were 15326.8481 million and up 7.34%; imports were 17470.0484 million and up 17.84%. The total trade deficit was 2143.2003 million and up 292.25%.

If considering by country (region), INTRA-EU, SWITZERLAND, CHINA, UNITED STATES, COUNTRIES AND TERRITORIES NOT SPECIFIED FOR COMMERCIAL OR MILITARY REASONS IN THE FRAMEWORK OF TRADE WITH THIRD COUNTRIES were AUSTRIA's top five trading partners. During the current year until 202201, AUSTRIA's imports and exports to five countries/territories were 23306.8400 million, 1562.3731 million, 1481.4886 million, 1314.1094 million, 832.0424 million. These values correspond to 71.06%, 4.76%, 4.52%, 4.01%, 2.54% of AUSTRIA's imports and exports, and, respectively, were 0, up 24.45%, up 44.85%, up 27.79%, up 314.24% comparing to the same period of last year.

Current year until 202201, AUSTRIA and the top five trade partners INTRA-EU, UNITED STATES, SWITZERLAND, CHINA, RUSSIA are the top five countries/territories that AUSTRIA exports to in terms of the total export amount. During the current year until 202201, AUSTRIA's exports to these five countries/territories were 10861.4400 million, 968.7898 million, 764.0137 million, 464.4164 million, 204.7719 million. These values correspond to 70.87%, 6.32%, 4.98%, 3.03%, 1.34% of AUSTRIA's exports and, respectively, were 0, up 21.90%, up 28.53%, up 11.43%, up 19.81% comparing with the same period of last year.

Current year until 202201, AUSTRIA's exports to top five countries/territories INTRA-EU, CHINA, COUNTRIES AND TERRITORIES NOT SPECIFIED FOR COMMERCIAL OR MILITARY REASONS IN THE FRAMEWORK OF TRADE WITH THIRD COUNTRIES, SWITZERLAND, UNITED STATES are the top five countries/territories that AUSTRIA imports from in terms of the total export amount. During the current year until 202201, AUSTRIA's imports from these five countries/territories were 12445.4000 million, 1017.0722 million, 826.5490 million, 798.3593 million, 345.3195 million. These values correspond to 71.24%, 5.82%, 4.73%, 4.57%, 1.98% of AUSTRIA's total imports and, respectively, were 0, up 67.84%, up 326.18%, up 20.79%, up 47.84% comparing with the same period of last year.

During the current year until 202201, the trade surplus of AUSTRIA was mainly from UNITED STATES, RUSSIA, MEXICO, CANADA, AUSTRALIA at 623.4703 million, 133.4799 million, 121.4893 million, 119.0927 million, 74.3855 million, and up 11.11%, up 12.67%, up 17.01%, up 39.76%, down 13.39%. And the trade deficits were mainly from INTRA-EU, COUNTRIES AND TERRITORIES NOT SPECIFIED FOR COMMERCIAL OR MILITARY REASONS IN THE FRAMEWORK OF TRADE WITH THIRD COUNTRIES, CHINA, VIETNAM, KAZAKHSTAN at 1583.9600 million, 821.0556 million, 552.6558 million, 326.7827 million, 246.9912 million, and 0, up 339.00%, up 192.13%, up 8.39%, up 124.27%.

Current year until 202201, AUSTRIA's trade surplus or deficit with top five countries/territories During the current year until 202201,  commodities with hs2 codes, 99, 84, 27, 85, 30, were AUSTRIA's top five traded commodities. They correspond to the import and export values of 23309.8304 million, 1443.7038 million, 1361.2622 million, 1210.3280 million, 640.1479 million, which were up 649129.27%, down 66.29%, up 9.34%, down 65.86%, down 62.66% comparing with the same period of last year and account for 71.07%, 4.40%, 4.15%, 3.69%, 1.95% of AUSTRIA's total imports and exports.

During the current year until 202201, 99, 84, 30, 87, 85 were AUSTRIA's top five traded commodities, with total import and export values of 10861.4455 million, 945.8605 million, 483.9011 million, 437.6776 million, 435.1548 million. These values correspond to 70.87%, 6.17%, 3.16%, 2.86%, 2.84% of AUSTRIA's total exports and, respectively, were up 1302928.42%, down 60.29%, down 52.50%, down 67.84%, down 73.80% comparing to the same period of last year.

During the current year until 202201, 99, 27, 85, 84, 29 were AUSTRIA's top five traded commodities, with total import values of 12448.3849 million, 1284.4801 million, 775.1732 million, 497.8433 million, 297.2916 million. These values correspond to 71.26%, 7.35%, 4.44%, 2.85%, 1.70% of AUSTRIA's total exports and, respectively, were up 451446.90%, up 33.52%, down 58.86%, down 73.81%, down 36.51% comparing to the same period of last year.


2. Current year until 202201, AUSTRIA binational trade profile

According to Dalian Infobank, during the current year until 202201, AUSTRIA-China binational exports and imports of goods amounted to 1481.4886 million and were up 44.85% comparing with the same period of last year. Among these, exports from AUSTRIA to China were 464.4164 million and up 11.43%, imports from China to AUSTRIA were 1017.0722 million and up 67.84%. The total binational trade deficit was 552.6558 million and up 192.13%.

During the urrent year until 202201, commodities with hs2 code, 84, 85, 38, 87, 90, were binational trade's top five traded commodities. They correspond to import and export values of 331.7906 million, 303.1976 million, 133.3028 million, 106.6889 million, 80.2440 million and makes up 22.40%, 20.47%, 9.00%, 7.20%, 5.42% of the total binational imports and exports. These values were also up 62.24%, up 30.04%, up 1441.99%, up 88.52%, up 55.27% comparing to the same period last year.

During the current year until 202201, 84, 87, 85, 30, 90 were the top five traded commodities exported to China from AUSTRIA, with export values of 129.9202 million, 85.2614 million, 58.2850 million, 34.7421 million, 27.9070 million. These values account for 27.97%, 18.36%, 12.55%, 7.48%, 6.01% of AUSTRIA's total exports and were up 71.55%, up 105.59%, down 15.72%, down 24.20%, up 4.83% comparing to the same period of last year.

During the current year until 202201, 85, 84, 38, 94, 90 were AUSTRIA's top five traded commodities importing from China , with import values of 244.9126 million, 201.8704 million, 132.0971 million, 55.9823 million, 52.3370 million. These values account for 24.08%, 19.85%, 12.99%, 5.50%, 5.15% of AUSTRIA's total imports and were up 49.33%, up 56.76%, up 2070.22%, up 45.51%, up 108.86% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Eurostat