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Monitor Report of AUSTRIA trade and AUSTRIA-China binational trade in 202207

 1.  Overview the trade of AUSTRIA in goods current year until 202207

According to Dalian Infobank, in 202207AUSTRIA's exports and imports of goods amounted to 34958.2501 million, and were down 1.07% comparing with the same period of last year. Among these, exports were down 2.19% at 16854.1055 million, and imports were up 0.00% at 18104.1446 million. And the corresponding trade deficit was 1250.0392 million and up 43.19%.

During the current year until 202207, AUSTRIA's total exports and imports of goods were 261381.4911 million and were up 7.29% comparing to the same period of last year. Among these, exports were 125234.4316 million and up 6.47%; imports were 136147.0595 million and up 8.06%. The total trade deficit was 10912.6279 million and up 30.50%.

If considering by country (region), GERMANY, INTRA-EU, ITALY, SWITZERLAND, UNITED STATES were AUSTRIA's top five trading partners. During the current year until 202207, AUSTRIA's imports and exports to five countries/territories were 76437.9922 million, 26668.9800 million, 14790.9087 million, 12199.8636 million, 10078.7612 million. These values correspond to 29.24%, 10.20%, 5.66%, 4.67%, 3.86% of AUSTRIA's imports and exports, and, respectively, were down 11.48%, 0, down 6.33%, up 1.15%, up 5.07% comparing to the same period of last year.

Current year until 202207, 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 202207, AUSTRIA's exports to these five countries/territories were 31470.8910 million, 12214.8000 million, 7784.5581 million, 7429.2203 million, 6072.0711 million. These values correspond to 25.13%, 9.75%, 6.22%, 5.93%, 4.85% of AUSTRIA's exports and, respectively, were down 11.03%, 0, up 7.64%, down 4.78%, up 6.47% comparing with the same period of last year.

Current year until 202207, AUSTRIA's exports to top five countries/territories GERMANY, INTRA-EU, ITALY, SWITZERLAND, NETHERLANDS are the top five countries/territories that AUSTRIA imports from in terms of the total export amount. During the current year until 202207, AUSTRIA's imports from these five countries/territories were 44967.1012 million, 14454.1800 million, 7361.6884 million, 6127.7925 million, 5727.8481 million. These values correspond to 33.03%, 10.62%, 5.41%, 4.50%, 4.21% of AUSTRIA's total imports and, respectively, were down 11.80%, 0, down 7.84%, down 3.62%, up 4.44% comparing with the same period of last year.

During the current year until 202207, the trade surplus of AUSTRIA was mainly from UNITED STATES, FRANCE, SLOVAKIA, HUNGARY, ROMANIA at 5490.3550 million, 1571.9096 million, 1386.5781 million, 1376.9450 million, 969.4383 million, and up 12.69%, up 15.18%, up 3.83%, up 70.30%, up 34.90%. 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, CHINA, INTRA-EU at 13496.2102 million, 4258.8603 million, 3680.4026 million, 2309.1133 million, 2239.3800 million, and down 13.56%, up 212.33%, up 12.82%, up 15.62%, 0.

Current year until 202207, AUSTRIA's trade surplus or deficit with top five countries/territories During the current year until 202207,  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 32282.6068 million, 26716.0634 million, 24928.3991 million, 20017.8836 million, 17924.5247 million, which were down 10.39%, up 65203.50%, down 4.88%, down 19.69%, up 79.70% comparing with the same period of last year and account for 12.35%, 10.22%, 9.54%, 7.66%, 6.86% of AUSTRIA's total imports and exports.

During the current year until 202207, 84, 99, 85, 87, 30 were AUSTRIA's top five traded commodities, with total import and export values of 17988.9708 million, 12230.1429 million, 11522.2125 million, 10320.5771 million, 7519.4939 million. These values correspond to 14.36%, 9.77%, 9.20%, 8.24%, 6.00% of AUSTRIA's total exports and, respectively, were down 9.13%, up 108838.18%, down 5.57%, down 12.30%, down 12.31% comparing to the same period of last year.

During the current year until 202207, 99, 84, 27, 85, 87 were AUSTRIA's top five traded commodities, with total import values of 14485.9205 million, 14293.6360 million, 13809.9330 million, 13406.1866 million, 9697.3066 million. These values correspond to 10.64%, 10.50%, 10.14%, 9.85%, 7.12% of AUSTRIA's total exports and, respectively, were up 48700.55%, down 11.92%, up 83.84%, down 4.27%, down 26.29% comparing to the same period of last year.


2. Current year until 202207, AUSTRIA binational trade profile

According to Dalian Infobank, during the current year until 202207, AUSTRIA-China binational exports and imports of goods amounted to 9075.3095 million and were up 3.11% comparing with the same period of last year. Among these, exports from AUSTRIA to China were 3383.0981 million and down 0.56%, imports from China to AUSTRIA were 5692.2114 million and up 5.42%. The total binational trade deficit was 2309.1133 million and up 15.62%.

During the urrent year until 202207, commodities with hs2 code, 85, 84, 87, 90, 29, were binational trade's top five traded commodities. They correspond to import and export values of 2099.5153 million, 1936.6298 million, 693.8842 million, 470.2501 million, 323.6080 million and makes up 23.13%, 21.34%, 7.65%, 5.18%, 3.57% of the total binational imports and exports. These values were also up 15.43%, up 6.65%, up 47.38%, up 1.39%, up 139.85% comparing to the same period last year.

During the current year until 202207, 84, 87, 85, 30, 90 were the top five traded commodities exported to China from AUSTRIA, with export values of 795.4412 million, 563.2618 million, 445.3396 million, 257.2104 million, 231.8322 million. These values account for 23.51%, 16.65%, 13.16%, 7.60%, 6.85% of AUSTRIA's total exports and were down 4.38%, up 60.79%, down 3.61%, down 3.69%, down 17.50% comparing to the same period of last year.

During the current year until 202207, 85, 84, 29, 94, 38 were AUSTRIA's top five traded commodities importing from China , with import values of 1654.1757 million, 1141.1886 million, 311.9732 million, 310.4664 million, 292.7877 million. These values account for 29.06%, 20.05%, 5.48%, 5.45%, 5.14% of AUSTRIA's total imports and were up 21.91%, up 15.97%, up 165.04%, up 17.97%, up 332.46% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Eurostat