Austria's trade deficit widened sharply to EUR 1206 billion in February of 2022 from EUR 324 million in the corresponding month of the previous year. Imports surged 21 percent to EUR 15.8 billion while exports advanced at a softer 14.7 percent to EUR 14.6 billion. source: Statistics Austria

Balance of Trade in Austria averaged -302.41 EUR Million from 1953 until 2022, reaching an all time high of 581 EUR Million in November of 2014 and a record low of -1729 EUR Million in June of 2021. 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 May of 2022.

Balance of Trade in Austria is expected to be -50.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Austria Balance of Trade is projected to trend around -270.00 EUR Million in 2023 and 100.00 EUR Million in 2024, according to our econometric models.

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Austria Balance of Trade

Calendar GMT Actual Previous Consensus TEForecast
2022-04-08 07:00 AM Jan €-1707M €-1662M € -1050M
2022-05-06 07:00 AM Feb €-1205.6M €-1707M €-1780M
2022-06-08 07:00 AM Mar €-1205.6M € -100M

Related Last Previous Unit Reference
Balance of Trade -1206.00 -1707.00 EUR Million Feb 2022
Imports 15811.00 15635.00 EUR Million Feb 2022
Exports 14606.00 14080.00 EUR Million Feb 2022
Tourist Arrivals 2778.87 3210.00 Thousand Mar 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
-1206.00 -1707.00 581.00 -1729.00 1953 - 2022 EUR Million Monthly
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