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Monitor Report of AUSTRIA trade and AUSTRIA-China binational trade in 202208

 1.  Overview the trade of AUSTRIA in goods current year until 202208

According to Dalian Infobank, in 202208AUSTRIA's exports and imports of goods amounted to 32053.5471 million, and were up 0.43% comparing with the same period of last year. Among these, exports were down 1.35% at 14915.9394 million, and imports were up 2.03% at 17137.6077 million. And the corresponding trade deficit was 2221.6682 million and up 32.61%.

During the current year until 202208, AUSTRIA's total exports and imports of goods were 292284.7706 million and were up 6.08% comparing to the same period of last year. Among these, exports were 139820.1617 million and up 5.33%; imports were 152464.6088 million and up 6.78%. The total trade deficit was 12644.4471 million and up 25.97%.

If considering by country (region), GERMANY, INTRA-EU, ITALY, SWITZERLAND, UNITED STATES were AUSTRIA's top five trading partners. During the current year until 202208, AUSTRIA's imports and exports to five countries/territories were 88211.1445 million, 23193.1200 million, 17074.8520 million, 14009.6182 million, 11351.5149 million. These values correspond to 30.18%, 7.94%, 5.84%, 4.79%, 3.88% of AUSTRIA's imports and exports, and, respectively, were down 9.45%, 0, down 2.68%, up 3.34%, up 4.28% comparing to the same period of last year.

Current year until 202208, 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 202208, AUSTRIA's exports to these five countries/territories were 36409.8373 million, 10431.8400 million, 8753.8078 million, 8562.7539 million, 6904.5814 million. These values correspond to 26.04%, 7.46%, 6.26%, 6.12%, 4.94% of AUSTRIA's exports and, respectively, were down 8.29%, 0, up 6.69%, down 0.93%, up 6.44% comparing with the same period of last year.

Current year until 202208, 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 202208, AUSTRIA's imports from these five countries/territories were 51801.3072 million, 12761.2800 million, 8512.0981 million, 7105.0368 million, 6534.3677 million. These values correspond to 33.98%, 8.37%, 5.58%, 4.66%, 4.29% of AUSTRIA's total imports and, respectively, were down 10.24%, 0, down 4.38%, up 0.51%, up 4.79% comparing with the same period of last year.

During the current year until 202208, the trade surplus of AUSTRIA was mainly from UNITED STATES, FRANCE, SLOVAKIA, HUNGARY, ROMANIA at 6156.1006 million, 1759.5408 million, 1576.1972 million, 1524.5282 million, 1108.8534 million, and up 11.44%, up 15.76%, up 4.86%, up 62.91%, up 38.72%. 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, NETHERLANDS, CHINA, INTRA-EU at 15391.4699 million, 4688.6035 million, 4178.7815 million, 2661.8850 million, 2329.4400 million, and down 14.54%, up 178.42%, up 11.54%, up 16.00%, 0.

Current year until 202208, AUSTRIA's trade surplus or deficit with top five countries/territories During the current year until 202208,  commodities with hs2 codes, 84, 85, 99, 87, 27, were AUSTRIA's top five traded commodities. They correspond to the import and export values of 37088.9045 million, 28737.7635 million, 23245.0001 million, 23000.0354 million, 20444.5858 million, which were down 8.55%, down 3.68%, up 50639.28%, down 15.55%, up 72.47% comparing with the same period of last year and account for 12.69%, 9.83%, 7.95%, 7.87%, 6.99% of AUSTRIA's total imports and exports.

During the current year until 202208, 84, 85, 87, 99, 30 were AUSTRIA's top five traded commodities, with total import and export values of 20689.8922 million, 13256.9885 million, 11791.5915 million, 10448.1841 million, 8527.3111 million. These values correspond to 14.80%, 9.48%, 8.43%, 7.47%, 6.10% of AUSTRIA's total exports and, respectively, were down 7.15%, down 4.52%, down 7.40%, up 75398.76%, down 12.10% comparing to the same period of last year.

During the current year until 202208, 84, 27, 85, 99, 87 were AUSTRIA's top five traded commodities, with total import values of 16399.0123 million, 15664.1817 million, 15480.7750 million, 12796.8160 million, 11208.4439 million. These values correspond to 10.76%, 10.27%, 10.15%, 8.39%, 7.35% of AUSTRIA's total exports and, respectively, were down 10.26%, up 75.03%, down 2.95%, up 39922.88%, down 22.70% comparing to the same period of last year.


2. Current year until 202208, AUSTRIA binational trade profile

According to Dalian Infobank, during the current year until 202208, AUSTRIA-China binational exports and imports of goods amounted to 10333.2859 million and were up 4.08% comparing with the same period of last year. Among these, exports from AUSTRIA to China were 3835.7005 million and up 0.50%, imports from China to AUSTRIA were 6497.5855 million and up 6.32%. The total binational trade deficit was 2661.8850 million and up 16.00%.

During the urrent year until 202208, commodities with hs2 code, 85, 84, 87, 90, 94, were binational trade's top five traded commodities. They correspond to import and export values of 2401.7778 million, 2225.4889 million, 767.9354 million, 523.9335 million, 360.8745 million and makes up 23.24%, 21.54%, 7.43%, 5.07%, 3.49% of the total binational imports and exports. These values were also up 14.77%, up 6.86%, up 51.95%, down 0.08%, up 15.31% comparing to the same period last year.

During the current year until 202208, 84, 87, 85, 30, 90 were the top five traded commodities exported to China from AUSTRIA, with export values of 939.1228 million, 610.6478 million, 506.3075 million, 289.7806 million, 256.6564 million. These values account for 24.48%, 15.92%, 13.20%, 7.55%, 6.69% of AUSTRIA's total exports and were down 1.82%, up 66.92%, down 4.07%, down 0.82%, down 18.11% comparing to the same period of last year.

During the current year until 202208, 85, 84, 94, 29, 38 were AUSTRIA's top five traded commodities importing from China , with import values of 1895.4703 million, 1286.3660 million, 353.4384 million, 341.8080 million, 317.1113 million. These values account for 29.17%, 19.80%, 5.44%, 5.26%, 4.88% of AUSTRIA's total imports and were up 21.13%, up 14.24%, up 17.16%, up 146.57%, up 352.98% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Eurostat