Austria recorded a trade deficit of 470 EUR Million in July of 2021. source: Statistics Austria

Balance of Trade in Austria averaged -293.39 EUR Million from 1953 until 2021, reaching an all time high of 581 EUR Million in November of 2014 and a record low of -1689 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 October of 2021.

Balance of Trade in Austria is expected to be -100.00 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 -100.00 EUR Million in 2022, according to our econometric models.

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Austria Balance of Trade


Calendar GMT Actual Previous Consensus TEForecast
2021-09-07 07:00 AM Jun €-1556.2M €-872.2M
2021-10-06 07:00 AM Jul €-469.9M €-1556.2M
2021-11-09 08:00 AM Aug €-469.9M


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 Last Unit Reference Previous Highest Lowest
Balance of Trade -470.00 EUR Million Jul/21 -1689.00 581.00 -1689.00
Imports 14560.00 EUR Million Jul/21 15762.00 16259.00 61.00
Exports 14090.00 EUR Million Jul/21 14073.00 15295.00 59.00
Tourist Arrivals 5180.40 Thousand Aug/21 4211.90 5698.57 57.20


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.