1. Overview the trade of AUSTRIA in goods current year until 202204
According to Dalian Infobank, in 202204, AUSTRIA's exports and imports of goods amounted to 35679.8895 million, and were down 0.53% comparing with the same period of last year. Among these, exports were down 1.11% at 16964.7113 million, and imports were down 0.00% at 18715.1782 million. And the corresponding trade deficit was 1750.4668 million and up 12.13%.
During the current year until 202204, AUSTRIA's total exports and imports of goods were 149073.0311 million and were up 9.20% comparing to the same period of last year. Among these, exports were 71275.6762 million and up 7.55%; imports were 77797.3549 million and up 10.75%. The total trade deficit was 6521.6787 million and up 64.25%.
If considering by country (region), GERMANY, INTRA-EU, ITALY, SWITZERLAND, UNITED STATES were AUSTRIA's top five trading partners. During the current year until 202204, AUSTRIA's imports and exports to five countries/territories were 38117.8270 million, 26398.3600 million, 7256.8428 million, 7194.3741 million, 5396.1825 million. These values correspond to 25.57%, 17.71%, 4.87%, 4.83%, 3.62% of AUSTRIA's imports and exports, and, respectively, were down 21.66%, 0, down 15.45%, up 3.96%, up 3.09% comparing to the same period of last year.
Current year until 202204, 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 202204, AUSTRIA's exports to these five countries/territories were 15694.8808 million, 12333.6600 million, 4140.5699 million, 3711.8605 million, 3554.9754 million. These values correspond to 22.02%, 17.30%, 5.81%, 5.21%, 4.99% of AUSTRIA's exports and, respectively, were down 21.60%, 0, up 1.82%, down 12.08%, up 11.32% comparing with the same period of last year.
Current year until 202204, AUSTRIA's exports to top five countries/territories GERMANY, INTRA-EU, SWITZERLAND, ITALY, CHINA are the top five countries/territories that AUSTRIA imports from in terms of the total export amount. During the current year until 202204, AUSTRIA's imports from these five countries/territories were 22422.9462 million, 14064.7000 million, 3639.3986 million, 3544.9823 million, 3439.1736 million. These values correspond to 28.82%, 18.08%, 4.68%, 4.56%, 4.42% of AUSTRIA's total imports and, respectively, were down 21.69%, 0, down 2.35%, down 18.71%, up 10.44% comparing with the same period of last year.
During the current year until 202204, the trade surplus of AUSTRIA was mainly from UNITED STATES, HUNGARY, FRANCE, SLOVAKIA, UNITED KINGDOM at 2884.9572 million, 818.5917 million, 777.3601 million, 720.7800 million, 685.7258 million, and down 0.49%, up 111.52%, up 3.06%, down 17.55%, down 36.15%. And the trade deficits were mainly from GERMANY, COUNTRIES AND TERRITORIES NOT SPECIFIED FOR COMMERCIAL OR MILITARY REASONS IN THE FRAMEWORK OF TRADE WITH THIRD COUNTRIES, NETHERLANDS, INTRA-EU, CHINA at 6728.0654 million, 2800.5349 million, 1764.8938 million, 1731.0400 million, 1495.3162 million, and down 21.90%, up 316.81%, down 1.41%, 0, up 29.02%.
Current year until 202204, AUSTRIA's trade surplus or deficit with top five countries/territories During the current year until 202204, 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 26428.9019 million, 16893.2529 million, 13205.6453 million, 10517.5710 million, 9879.6321 million, which were up 148298.94%, down 17.38%, down 12.16%, up 103.02%, down 31.31% comparing with the same period of last year and account for 17.73%, 11.33%, 8.86%, 7.06%, 6.63% of AUSTRIA's total imports and exports.
During the current year until 202204, 99, 84, 85, 87, 30 were AUSTRIA's top five traded commodities, with total import and export values of 12341.3756 million, 9393.3479 million, 6055.6145 million, 5268.2773 million, 4070.3737 million. These values correspond to 17.31%, 13.18%, 8.50%, 7.39%, 5.71% of AUSTRIA's total exports and, respectively, were up 417680.28%, down 16.34%, down 13.64%, down 23.26%, down 19.02% comparing to the same period of last year.
During the current year until 202204, 99, 27, 84, 85, 87 were AUSTRIA's top five traded commodities, with total import values of 14087.5263 million, 8275.5256 million, 7499.9050 million, 7150.0308 million, 4611.3548 million. These values correspond to 18.11%, 10.64%, 9.64%, 9.19%, 5.93% of AUSTRIA's total exports and, respectively, were up 94731.49%, up 109.86%, down 18.64%, down 10.87%, down 38.66% comparing to the same period of last year.
2. Current year until 202204, AUSTRIA binational trade profile
According to Dalian Infobank, during the current year until 202204, AUSTRIA-China binational exports and imports of goods amounted to 5383.0309 million and were up 6.19% comparing with the same period of last year. Among these, exports from AUSTRIA to China were 1943.8574 million and down 0.57%, imports from China to AUSTRIA were 3439.1736 million and up 10.44%. The total binational trade deficit was 1495.3162 million and up 29.02%.
During the urrent year until 202204, commodities with hs2 code, 85, 84, 87, 90, 38, were binational trade's top five traded commodities. They correspond to import and export values of 1219.8023 million, 1171.6421 million, 390.9371 million, 282.8014 million, 262.0447 million and makes up 22.66%, 21.77%, 7.26%, 5.25%, 4.87% of the total binational imports and exports. These values were also up 17.63%, up 15.75%, up 41.37%, up 5.89%, up 297.33% comparing to the same period last year.
During the current year until 202204, 84, 87, 85, 30, 90 were the top five traded commodities exported to China from AUSTRIA, with export values of 460.2288 million, 314.9116 million, 248.9014 million, 148.3405 million, 132.7003 million. These values account for 23.68%, 16.20%, 12.80%, 7.63%, 6.83% of AUSTRIA's total exports and were up 2.32%, up 52.66%, down 8.42%, down 4.51%, down 19.97% comparing to the same period of last year.
During the current year until 202204, 85, 84, 38, 94, 90 were AUSTRIA's top five traded commodities importing from China , with import values of 970.9009 million, 711.4134 million, 253.6866 million, 195.4391 million, 150.1011 million. These values account for 28.23%, 20.69%, 7.38%, 5.68%, 4.36% of AUSTRIA's total imports and were up 26.87%, up 26.49%, up 363.49%, up 18.15%, up 48.22% comparing with the same period of last year.
3.Analysis of import and export trends
Data Source: Eurostat