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Monitor Report of AUSTRIA trade and AUSTRIA-China binational trade in 202202

 1.  Overview the trade of AUSTRIA in goods current year until 202202

According to Dalian Infobank, in 202202AUSTRIA's exports and imports of goods amounted to 34560.9612 million, and were up 6.71% comparing with the same period of last year. Among these, exports were up 4.14% at 16591.0823 million, and imports were up 9.20% at 17969.8789 million. And the corresponding trade deficit was 1378.7965 million and up 162.38%.

During the current year until 202202, AUSTRIA's total exports and imports of goods were 68583.3833 million and were up 11.52% comparing to the same period of last year. Among these, exports were 32658.3332 million and up 8.11%; imports were 35925.0500 million and up 14.82%. The total trade deficit was 3266.7168 million and up 202.86%.

If considering by country (region), INTRA-EU, GERMANY, SWITZERLAND, CHINA, UNITED STATES were AUSTRIA's top five trading partners. During the current year until 202202, AUSTRIA's imports and exports to five countries/territories were 25406.0800 million, 10881.8516 million, 3311.8522 million, 2782.2572 million, 2602.8886 million. These values correspond to 37.04%, 15.87%, 4.83%, 4.06%, 3.80% of AUSTRIA's imports and exports, and, respectively, were 0, down 50.09%, up 11.17%, up 31.44%, up 11.39% comparing to the same period of last year.

Current year until 202202, AUSTRIA and the top five trade partners INTRA-EU, GERMANY, UNITED STATES, SWITZERLAND, ITALY are the top five countries/territories that AUSTRIA exports to in terms of the total export amount. During the current year until 202202, AUSTRIA's exports to these five countries/territories were 11795.6800 million, 4508.0688 million, 1973.1970 million, 1673.4362 million, 1049.3035 million. These values correspond to 36.12%, 13.80%, 6.04%, 5.12%, 3.21% of AUSTRIA's exports and, respectively, were 0, down 50.14%, up 6.71%, up 15.30%, down 45.33% comparing with the same period of last year.

Current year until 202202, AUSTRIA's exports to top five countries/territories INTRA-EU, GERMANY, CHINA, SWITZERLAND, COUNTRIES AND TERRITORIES NOT SPECIFIED FOR COMMERCIAL OR MILITARY REASONS IN THE FRAMEWORK OF TRADE WITH THIRD COUNTRIES are the top five countries/territories that AUSTRIA imports from in terms of the total export amount. During the current year until 202202, AUSTRIA's imports from these five countries/territories were 13610.4000 million, 6373.7828 million, 1828.9762 million, 1638.4160 million, 1400.0774 million. These values correspond to 37.89%, 17.74%, 5.09%, 4.56%, 3.90% of AUSTRIA's total imports and, respectively, were 0, down 50.06%, up 45.08%, up 7.24%, up 297.39% comparing with the same period of last year.

During the current year until 202202, the trade surplus of AUSTRIA was mainly from UNITED STATES, RUSSIA, SLOVAKIA, MEXICO, CANADA at 1343.5054 million, 335.8883 million, 287.2990 million, 257.1482 million, 223.8162 million, and down 1.32%, up 17.15%, down 37.74%, up 29.83%, up 16.64%. And the trade deficits were mainly from GERMANY, INTRA-EU, COUNTRIES AND TERRITORIES NOT SPECIFIED FOR COMMERCIAL OR MILITARY REASONS IN THE FRAMEWORK OF TRADE WITH THIRD COUNTRIES, CHINA, VIETNAM at 1865.7141 million, 1814.7200 million, 1388.4038 million, 875.6951 million, 522.7749 million, and down 49.84%, 0, up 309.95%, up 116.36%, down 3.76%.

Current year until 202202, AUSTRIA's trade surplus or deficit with top five countries/territories During the current year until 202202,  commodities with hs2 codes, 99, 84, 85, 27, 87, were AUSTRIA's top five traded commodities. They correspond to the import and export values of 25411.9827 million, 6098.7391 million, 4730.9924 million, 4108.3243 million, 3245.2331 million, which were up 319957.58%, down 34.05%, down 33.03%, up 71.04%, down 48.65% comparing with the same period of last year and account for 37.05%, 8.89%, 6.90%, 5.99%, 4.73% of AUSTRIA's total imports and exports.

During the current year until 202202, 99, 84, 85, 87, 30 were AUSTRIA's top five traded commodities, with total import and export values of 11796.4171 million, 3531.2431 million, 2160.1187 million, 1813.0527 million, 1681.7939 million. These values correspond to 36.12%, 10.81%, 6.61%, 5.55%, 5.15% of AUSTRIA's total exports and, respectively, were up 780350.60%, down 31.07%, down 34.72%, down 41.15%, down 24.36% comparing to the same period of last year.

During the current year until 202202, 99, 27, 85, 84, 87 were AUSTRIA's top five traded commodities, with total import values of 13615.5656 million, 3401.0818 million, 2570.8737 million, 2567.4959 million, 1432.1804 million. These values correspond to 37.90%, 9.47%, 7.16%, 7.15%, 3.99% of AUSTRIA's total exports and, respectively, were up 211705.71%, up 85.54%, down 31.54%, down 37.74%, down 55.79% comparing to the same period of last year.


2. Current year until 202202, AUSTRIA binational trade profile

According to Dalian Infobank, during the current year until 202202, AUSTRIA-China binational exports and imports of goods amounted to 2782.2572 million and were up 31.44% comparing with the same period of last year. Among these, exports from AUSTRIA to China were 953.2811 million and up 11.37%, imports from China to AUSTRIA were 1828.9762 million and up 45.08%. The total binational trade deficit was 875.6951 million and up 116.36%.

During the urrent year until 202202, 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 601.1721 million, 576.0559 million, 227.6748 million, 203.5201 million, 141.3576 million and makes up 21.61%, 20.70%, 8.18%, 7.31%, 5.08% of the total binational imports and exports. These values were also up 34.99%, up 18.16%, up 1442.28%, up 84.25%, up 17.04% comparing to the same period last year.

During the current year until 202202, 84, 87, 85, 30, 90 were the top five traded commodities exported to China from AUSTRIA, with export values of 244.3697 million, 165.2927 million, 121.0122 million, 81.0091 million, 59.0173 million. These values account for 25.63%, 17.34%, 12.69%, 8.50%, 6.19% of AUSTRIA's total exports and were up 32.30%, up 113.61%, down 7.65%, up 25.44%, down 18.93% comparing to the same period of last year.

During the current year until 202202, 85, 84, 38, 94, 90 were AUSTRIA's top five traded commodities importing from China , with import values of 455.0437 million, 356.8025 million, 224.3297 million, 107.7065 million, 82.3403 million. These values account for 24.88%, 19.51%, 12.27%, 5.89%, 4.50% of AUSTRIA's total imports and were up 27.64%, up 36.90%, up 2289.15%, up 39.78%, up 71.61% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Eurostat