Austria recorded a trade deficit of 321 EUR Million in October of 2020. source: Statistics Austria

Balance of Trade in Austria averaged -289.01 EUR Million from 1953 until 2020, 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. This page provides - Austria Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Austria Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on January of 2021.

Balance of Trade in Austria is expected to be -500.00 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 -100.00 in 12 months time. In the long-term, the Austria Balance of Trade is projected to trend around -100.00 EUR Million in 2022, according to our econometric models.

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Austria Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
-321.00 233.00 581.00 -1256.00 1953 - 2020 EUR Million Monthly
Current Prices, NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-10-09 07:00 AM Jul €520.9M €-116.2M €-720M
2020-11-09 08:00 AM Aug €-666.7M €487M
2020-12-09 08:00 AM Sep €250.7M €-635M € -600M
2021-01-08 08:00 AM Oct €-320.7M €250.7M
2021-02-08 08:00 AM Nov €-320.7M
2021-03-11 08:00 AM Dec
2021-04-09 07:00 AM Jan
2021-05-07 07:00 AM Feb


News Stream
Austria Trade Balance Swings to Surplus in September
Austria recorded a trade surplus of EUR 251 million in September of 2020 compared to a deficit of EUR 204 million in the corresponding month of the previous year. It was the largest trade surplus since October of last year, as exports rose 0.1 percent over a year earlier to EUR 12.92 billion with sales to the EU increasing 0.9 percent while those to non-EU countries falling 1.5 percent. Meantime, imports fell 3.3 percent to EUR 12.67 billion, due to lower purchases from both the EU (-1.9 percent) and non-EU countries (-6.4 percent). Considering the first nine months of the year, Austria’s trade shortfall narrowed to EUR 1.07 billion from EUR 4.06 billion in the same period of the previous year.
2020-12-09
Austria Posts Largest Trade Gap in Over a Year
The trade gap in Austria widened to EUR 667 million in August of 2020 from EUR 526 million in the corresponding month of the previous year. It was the largest trade gap since July last year, as exports dropped 7.2 percent over a year earlier to EUR 10.16 billion mainly due to lower sales to the EU (-4.4 percent) and non-EU countries (-12.5 percent). Imports fell 5.6 percent to EUR 10.83 billion due to lower purchases from the EU (-6.5 percent) and non-EU countries (-3.9 percent). Considering the first eight months of the year, Austria’s trade shortfall narrowed to EUR 1.34 billion from EUR 3.86 billion in the same period of the previous year.
2020-11-09
Austria Trade Deficit Rises Slightly in June
The trade gap in Austria widened slightly to EUR 116 million in June of 2020 from EUR 94 million a year earlier. Exports went down 5.4 percent to EUR 11.49 billion, with sales falling mainly to Italy and Hungary. Imports declined 5.1 percent to EUR 11.6 billion, mainly due to purchases from Germany. Considering the first six months of 2020, Austria recorded a EUR 1.14 billion trade gap as exports sank 11.7 percent and imports declined 13 percent, mainly due to the coronavirus crisis.
2020-09-08
Austria Trade Deficit Narrows in May
Austria's trade deficit narrowed to EUR 457.6 million in May 2020 from EUR 472 million in the corresponding month of the previous year, amid the coronavirus pandemic. Imports plunged 24.8 percent due to lower purchases from the EU (-26 percent) and non-EU countries (-22.1 percent). Meantime, exports slumped 25.5 percent as sales declined to the EU (-25.1 percent) and non-EU countries (-26.4 percent). Considering the first five months of the year, the country recorded a EUR 460.2 million trade gap, as imports went down 14.3 percent and exports fell at a softer 12.9 percent.
2020-08-07

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.