Austria's trade deficit rose to EUR 466.5 million in April 2019 from EUR 379.1 million in the same period a year ago. Imports surged 6.2 percent to EUR 13.44 billion, driven by purchases from non-EU countries (7.8 percent) and the EU (5.5 percent). At the same time, exports advanced at a slower 5.6 percent to EUR 12.97 billion, led by sales to non-EU countries (11.3 percent) and to the EU (3.3 percent). Considering the first four months of 2019, the trade deficit widened to EUR 1,774 million from EUR 1,320 million in the same period of 2018, as imports jumped 5.4 percent and exports went up 4.6 percent. Balance of Trade in Austria averaged -289.85 EUR Million from 1953 until 2019, reaching an all time high of 581 EUR Million in November of 2014 and a record low of -1256 EUR Million in April of 1991.

Balance of Trade in Austria is expected to be -200.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Austria to stand at -600.00 in 12 months time. In the long-term, the Austria Balance of Trade is projected to trend around -100.00 EUR Million in 2020, according to our econometric models.

Austria Balance of Trade
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Calendar GMT Actual Previous Consensus TEForecast
2019-04-09 07:00 AM Balance of Trade Jan €-400M €-578.4M €-310M
2019-05-08 07:00 AM Balance of Trade Feb €-286.5M €-397M € -280M
2019-06-07 07:00 AM Balance of Trade Mar €-296.1M €-330M € -535M
2019-07-09 07:00 AM Balance of Trade Apr €-466.5M €-296.1M € -320M
2019-08-09 07:00 AM Balance of Trade May €-466.5M € -440M
2019-09-06 07:00 AM Balance of Trade Jun € -800M
2019-10-08 07:00 AM Balance of Trade Jul € -320M


Austria Trade Last Previous Highest Lowest Unit
Balance of Trade -466.50 -296.10 581.00 -1256.00 EUR Million [+]
Current Account 5424.00 1907.00 6171.00 -2353.00 EUR Million [+]
Current Account to GDP 2.30 2.00 4.50 -5.10 percent [+]
Imports 13443.00 13817.00 14723.00 61.00 EUR Million [+]
Exports 12977.00 13521.00 14125.00 59.00 EUR Million [+]
External Debt 589947.00 565352.00 633042.00 129499.00 EUR Million [+]
Capital Flows 6069.00 332.00 7779.00 -4752.00 EUR Million [+]
Remittances 56.00 77.00 104.00 53.00 EUR Million [+]
Tourist Arrivals 3010.13 2791.30 5421.70 355.20 Thousand [+]
Gold Reserves 280.00 280.00 407.48 279.99 Tonnes [+]
Terrorism Index 1.85 1.52 3.16 0.00 [+]
Weapons Sales 5.00 22.00 248.00 1.00 USD Million [+]
Crude Oil Production 13.00 14.00 25.00 11.00 BBL/D/1K [+]
Foreign Direct Investment 2341.00 -2252.00 55085.00 -24174.00 EUR Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Austria Balance of Trade

Austria's economy is dependent on foreign trade and closely linked to the economies of other EU countries, particularly Germany. The major export commodity in Austria is the automobile and its components, machinery and paper products. Austria imports mainly machinery and equipment, motor vehicles, chemicals, metal goods, oil and oil products and foodstuffs. This page provides - Austria Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Austria Balance of Trade - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-466.50 -296.10 581.00 -1256.00 1953 - 2019 EUR Million Monthly
Current Prices, NSA




Country Last Previous
Argentina 1373.00 May/19
Australia 5745.00 May/19
Brazil 5020.00 Jun/19
Canada 762.30 May/19
China 509.76 Jun/19
Euro Area 23033.60 May/19
France -3278.00 May/19
Germany 20600.00 May/19
India -15280.00 Jun/19
Indonesia 196.00 Jun/19
Italy 5347.00 May/19
Japan 589.46 Jun/19
Mexico 1030.71 May/19
Netherlands 5579.00 May/19
Russia 11823.00 May/19
Saudi Arabia 131636.00 Mar/19
Singapore 2447.29 Jun/19
South Africa 1737.21 May/19
South Korea 4168.00 Jun/19
Spain -1605300.00 Apr/19
Switzerland 3251.00 Jun/19
Turkey -1837.83 May/19
United Kingdom -2324.00 May/19
United States -55520.00 May/19


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