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Monitor Report of AUSTRIA trade and AUSTRIA-China binational trade in 202205

 1.  Overview the trade of AUSTRIA in goods current year until 202205

According to Dalian Infobank, in 202205AUSTRIA's exports and imports of goods amounted to 39834.3841 million, and were up 15.30% comparing with the same period of last year. Among these, exports were up 13.65% at 18925.3606 million, and imports were up 16.83% at 20909.0235 million. And the corresponding trade deficit was 1983.6629 million and up 59.26%.

During the current year until 202205, AUSTRIA's total exports and imports of goods were 189888.3944 million and were up 11.00% comparing to the same period of last year. Among these, exports were 90418.2550 million and up 9.04%; imports were 99470.1393 million and up 12.85%. The total trade deficit was 9051.8843 million and up 73.54%.

If considering by country (region), GERMANY, INTRA-EU, ITALY, SWITZERLAND, UNITED STATES were AUSTRIA's top five trading partners. During the current year until 202205, AUSTRIA's imports and exports to five countries/territories were 50560.0183 million, 30150.1500 million, 9617.2157 million, 9145.9005 million, 7121.8471 million. These values correspond to 26.63%, 15.88%, 5.06%, 4.82%, 3.75% of AUSTRIA's imports and exports, and, respectively, were down 16.87%, 0, down 12.01%, up 6.05%, up 7.97% comparing to the same period of last year.

Current year until 202205, 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 202205, AUSTRIA's exports to these five countries/territories were 20700.9457 million, 13752.7000 million, 5502.6413 million, 4870.0143 million, 4532.3203 million. These values correspond to 22.89%, 15.21%, 6.09%, 5.39%, 5.01% of AUSTRIA's exports and, respectively, were down 17.43%, 0, up 7.19%, down 9.12%, up 12.10% comparing with the same period of last year.

Current year until 202205, 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 202205, AUSTRIA's imports from these five countries/territories were 29859.0725 million, 16397.4500 million, 4747.2014 million, 4613.5803 million, 4213.8289 million. These values correspond to 30.02%, 16.48%, 4.77%, 4.64%, 4.24% of AUSTRIA's total imports and, respectively, were down 16.47%, 0, down 14.80%, up 0.72%, up 4.93% comparing with the same period of last year.

During the current year until 202205, the trade surplus of AUSTRIA was mainly from UNITED STATES, FRANCE, HUNGARY, SLOVAKIA, MEXICO at 3883.4355 million, 1059.8528 million, 1046.5058 million, 1000.6544 million, 654.1911 million, and up 5.79%, up 10.63%, up 104.22%, down 7.29%, up 5.72%. 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, INTRA-EU, NETHERLANDS, CHINA at 9158.1268 million, 3484.5931 million, 2644.7500 million, 2332.9712 million, 1773.8609 million, and down 14.22%, up 298.76%, 0, up 2.73%, up 11.79%.

Current year until 202205, AUSTRIA's trade surplus or deficit with top five countries/territories During the current year until 202205,  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 30184.3946 million, 21895.5115 million, 17042.6171 million, 13201.3716 million, 13050.6161 million, which were up 87960.37%, down 14.10%, down 8.90%, up 98.41%, down 26.60% comparing with the same period of last year and account for 15.90%, 11.53%, 8.98%, 6.95%, 6.87% of AUSTRIA's total imports and exports.

During the current year until 202205, 99, 84, 85, 87, 30 were AUSTRIA's top five traded commodities, with total import and export values of 13761.4203 million, 12219.1384 million, 7868.3668 million, 6929.1885 million, 5142.1490 million. These values correspond to 15.22%, 13.51%, 8.70%, 7.66%, 5.69% of AUSTRIA's total exports and, respectively, were up 139400.39%, down 12.65%, down 9.35%, down 17.42%, down 18.63% comparing to the same period of last year.

During the current year until 202205, 99, 27, 84, 85, 87 were AUSTRIA's top five traded commodities, with total import values of 16422.9743 million, 10317.5228 million, 9676.3730 million, 9174.2504 million, 6121.4275 million. These values correspond to 16.51%, 10.37%, 9.73%, 9.22%, 6.15% of AUSTRIA's total exports and, respectively, were up 67173.79%, up 104.83%, down 15.86%, down 8.52%, down 34.81% comparing to the same period of last year.


2. Current year until 202205, AUSTRIA binational trade profile

According to Dalian Infobank, during the current year until 202205, AUSTRIA-China binational exports and imports of goods amounted to 6653.7968 million and were up 3.24% comparing with the same period of last year. Among these, exports from AUSTRIA to China were 2439.9680 million and up 0.44%, imports from China to AUSTRIA were 4213.8289 million and up 4.93%. The total binational trade deficit was 1773.8609 million and up 11.79%.

During the urrent year until 202205, 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 1491.4573 million, 1432.9268 million, 505.6621 million, 341.3490 million, 277.8763 million and makes up 22.42%, 21.54%, 7.60%, 5.13%, 4.18% of the total binational imports and exports. These values were also up 14.42%, up 9.83%, up 53.50%, up 3.80%, up 273.35% comparing to the same period last year.

During the current year until 202205, 84, 87, 85, 30, 90 were the top five traded commodities exported to China from AUSTRIA, with export values of 561.3807 million, 410.2037 million, 315.3533 million, 183.9400 million, 163.8585 million. These values account for 23.01%, 16.81%, 12.92%, 7.54%, 6.72% of AUSTRIA's total exports and were down 4.10%, up 69.03%, down 5.92%, down 6.76%, down 19.19% comparing to the same period of last year.

During the current year until 202205, 85, 84, 38, 94, 29 were AUSTRIA's top five traded commodities importing from China , with import values of 1176.1040 million, 871.5461 million, 267.9642 million, 235.8987 million, 205.4191 million. These values account for 27.91%, 20.68%, 6.36%, 5.60%, 4.87% of AUSTRIA's total imports and were up 21.46%, up 21.17%, up 335.95%, up 17.90%, up 153.18% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Eurostat