Austria's trade deficit rose to EUR 286.5 million in February 2019 from EUR 197 million in the same period a year ago. Imports surged 9.6 percent to EUR 13.15 billion, driven by purchases from non-EU countries (22.1 percent) and the EU (4.8 percent). At the same time, exports advanced at a slower 9 percent to EUR 12.87 billion, led by sales to the EU (10.4 percent) and to non-EU countries (5.5 percent). Considering the first two months of 2019, the trade deficit widened to EUR 679 million from EUR 400 million in the same period of 2018, as imports jumped 8.3 percent and exports went up 7.2 percent. Balance of Trade in Austria averaged -289.45 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 -800.00 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
2019-02-08 08:00 AM Balance of Trade €-702.5M €-510.7M € -115M
2019-03-11 08:00 AM Balance of Trade €-578.4M €-702.5M € -696M
2019-04-09 07:00 AM Balance of Trade €-400M €-578.4M €-310M
2019-05-08 07:00 AM Balance of Trade €-286.5M €-397M € -280M
2019-06-07 07:00 AM Balance of Trade €-286.5M € -535M
2019-07-09 07:00 AM Balance of Trade € -320M
2019-08-09 07:00 AM Balance of Trade € -440M


Austria Trade Last Previous Highest Lowest Unit
Balance of Trade -287.00 -397.00 581.00 -1256.00 EUR Million [+]
Current Account 1907.00 692.00 6171.00 -2353.00 EUR Million [+]
Current Account to GDP 2.30 2.00 4.50 -5.10 percent [+]
Imports 13153.00 12970.00 14723.00 61.00 EUR Million [+]
Exports 12867.00 12573.00 14125.00 59.00 EUR Million [+]
External Debt 565352.00 580026.00 633042.00 129499.00 EUR Million [+]
Capital Flows 332.00 393.00 7779.00 -4752.00 EUR Million [+]
Remittances 77.00 57.00 104.00 53.00 EUR Million [+]
Tourist Arrivals 3974.74 4197.92 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 22.00 15.00 348.00 1.00 USD Million [+]
Crude Oil Production 13.00 12.00 25.00 11.00 BBL/D/1K [+]
Foreign Direct Investment -2252.00 9032.00 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 May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-287.00 -397.00 581.00 -1256.00 1953 - 2019 EUR Million Monthly
Current Prices, NSA




Country Last Previous
Argentina 1131.00 Apr/19
Australia 4949.00 Mar/19
Brazil 6060.00 Apr/19
Canada -3211.20 Mar/19
China 138.34 Apr/19
Euro Area 22532.90 Mar/19
France -5324.00 Mar/19
Germany 22683.00 Mar/19
India -15330.00 Apr/19
Indonesia -2501.90 Apr/19
Italy 4625.00 Mar/19
Japan 60.40 Apr/19
Mexico 1370.00 Apr/19
Netherlands 5330.00 Mar/19
Russia 15537.00 Mar/19
Saudi Arabia 180059.00 Dec/18
Singapore 2782.79 Apr/19
South Africa 5004.63 Mar/19
South Korea 4120.00 Apr/19
Spain -2352600.00 Mar/19
Switzerland 2494.00 Mar/19
Turkey -2136.73 Mar/19
United Kingdom -5408.00 Mar/19
United States -50000.00 Mar/19


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