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Monitor Report of AUSTRIA trade and AUSTRIA-China binational trade in 202206

 1.  Overview the trade of AUSTRIA in goods current year until 202206

According to Dalian Infobank, in 202206AUSTRIA's exports and imports of goods amounted to 35586.1569 million, and were down 4.49% comparing with the same period of last year. Among these, exports were down 1.84% at 17211.2035 million, and imports were down 6.85% at 18374.9534 million. And the corresponding trade deficit was 1163.7499 million and down 46.92%.

During the current year until 202206, AUSTRIA's total exports and imports of goods were 224149.9461 million and were up 7.62% comparing to the same period of last year. Among these, exports were 107107.6408 million and up 6.69%; imports were 117042.3052 million and up 8.49%. The total trade deficit was 9934.6644 million and up 32.65%.

If considering by country (region), GERMANY, INTRA-EU, ITALY, SWITZERLAND, UNITED STATES were AUSTRIA's top five trading partners. During the current year until 202206, AUSTRIA's imports and exports to five countries/territories were 63498.4188 million, 26309.3400 million, 12211.7882 million, 10789.6321 million, 8646.1764 million. These values correspond to 28.33%, 11.74%, 5.45%, 4.81%, 3.86% of AUSTRIA's imports and exports, and, respectively, were down 14.10%, 0, down 8.51%, up 5.12%, up 5.38% comparing to the same period of last year.

Current year until 202206, 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 202206, AUSTRIA's exports to these five countries/territories were 26158.3900 million, 12045.2400 million, 6664.0221 million, 6155.6037 million, 5333.5915 million. These values correspond to 24.42%, 11.25%, 6.22%, 5.75%, 4.98% of AUSTRIA's exports and, respectively, were down 13.63%, 0, up 8.87%, down 6.06%, up 10.51% comparing with the same period of last year.

Current year until 202206, 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 202206, AUSTRIA's imports from these five countries/territories were 37340.0288 million, 14264.1000 million, 6056.1845 million, 5456.0406 million, 4937.5123 million. These values correspond to 31.90%, 12.19%, 5.17%, 4.66%, 4.22% of AUSTRIA's total imports and, respectively, were down 14.43%, 0, down 10.87%, up 0.34%, up 4.44% comparing with the same period of last year.

During the current year until 202206, the trade surplus of AUSTRIA was mainly from UNITED STATES, FRANCE, HUNGARY, SLOVAKIA, RUSSIA at 4681.8677 million, 1317.0674 million, 1211.0292 million, 1187.5484 million, 811.6893 million, and up 15.97%, up 10.68%, up 85.81%, down 1.23%, down 6.47%. 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 11181.6387 million, 3902.9885 million, 3012.3748 million, 2218.8600 million, 2026.5439 million, and down 16.23%, up 256.46%, up 8.39%, 0, up 10.88%.

Current year until 202206, AUSTRIA's trade surplus or deficit with top five countries/territories During the current year until 202206,  commodities with hs2 codes, 84, 99, 85, 87, 27, were AUSTRIA's top five traded commodities. They correspond to the import and export values of 27184.1589 million, 26347.5860 million, 20936.0767 million, 16383.3947 million, 15604.4457 million, which were down 11.82%, up 71143.09%, down 7.03%, down 24.00%, up 89.86% comparing with the same period of last year and account for 12.13%, 11.75%, 9.34%, 7.31%, 6.96% of AUSTRIA's total imports and exports.

During the current year until 202206, 84, 99, 85, 87, 30 were AUSTRIA's top five traded commodities, with total import and export values of 15159.9867 million, 12054.7300 million, 9642.7580 million, 8576.2864 million, 6341.3005 million. These values correspond to 14.15%, 11.25%, 9.00%, 8.01%, 5.92% of AUSTRIA's total exports and, respectively, were down 10.26%, up 114902.75%, down 7.82%, down 15.35%, down 14.61% comparing to the same period of last year.

During the current year until 202206, 99, 27, 84, 85, 87 were AUSTRIA's top five traded commodities, with total import values of 14292.8560 million, 12125.5314 million, 12024.1723 million, 11293.3188 million, 7807.1083 million. These values correspond to 12.21%, 10.36%, 10.27%, 9.65%, 6.67% of AUSTRIA's total exports and, respectively, were up 53834.22%, up 95.68%, down 13.70%, down 6.34%, down 31.67% comparing to the same period of last year.


2. Current year until 202206, AUSTRIA binational trade profile

According to Dalian Infobank, during the current year until 202206, AUSTRIA-China binational exports and imports of goods amounted to 7848.4806 million and were up 2.90% comparing with the same period of last year. Among these, exports from AUSTRIA to China were 2910.9684 million and up 0.38%, imports from China to AUSTRIA were 4937.5123 million and up 4.44%. The total binational trade deficit was 2026.5439 million and up 10.88%.

During the urrent year until 202206, 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 1796.8910 million, 1694.4587 million, 589.4418 million, 405.8313 million, 287.9809 million and makes up 22.89%, 21.59%, 7.51%, 5.17%, 3.67% of the total binational imports and exports. These values were also up 15.04%, up 8.90%, up 49.04%, up 1.59%, up 261.03% comparing to the same period last year.

During the current year until 202206, 84, 87, 85, 30, 90 were the top five traded commodities exported to China from AUSTRIA, with export values of 677.2263 million, 478.9391 million, 381.0136 million, 220.2153 million, 196.0252 million. These values account for 23.26%, 16.45%, 13.09%, 7.57%, 6.73% of AUSTRIA's total exports and were down 2.89%, up 64.75%, down 3.72%, down 5.32%, down 20.73% comparing to the same period of last year.

During the current year until 202206, 85, 84, 94, 38, 29 were AUSTRIA's top five traded commodities importing from China , with import values of 1415.8775 million, 1017.2324 million, 275.9989 million, 275.6984 million, 246.3108 million. These values account for 28.68%, 20.60%, 5.59%, 5.58%, 4.99% of AUSTRIA's total imports and were up 21.40%, up 18.46%, up 19.57%, up 326.22%, up 156.10% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Eurostat