The trade gap in Austria fell sharply to EUR 296.1 million in March of 2019 from EUR 553.2 million in the corresponding month of the previous year. Exports went down 0.9 percent from a year earlier to EUR 13.52 billion, due to lower exports from EU countries (-1.2 percent) and non-EU countries (-0.2 percent). Meanwhile, imports fell at a faster 2.7 percent to EUR 13.82 billion, dragged down by EU countries (-0.9 percent) and non-EU countries (-6.7 percent). Considering the first quarter of 2019, the trade deficit widened to EUR 1,116 million from EUR 953 million a year in the same period a year earlier, as imports climbed 4.7 percent to EUR 40.19 billion while exports advanced 4.4 percent to EUR 39.08 billion. 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
2019-03-11 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 €-296.1M €-330M € -535M
2019-07-09 07:00 AM Balance of Trade €-296.1M € -320M
2019-08-09 07:00 AM Balance of Trade € -440M
2019-09-06 07:00 AM Balance of Trade € -800M


Austria Trade Last Previous Highest Lowest Unit
Balance of Trade -296.06 -330.00 581.00 -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 13817.00 13240.00 14723.00 61.00 EUR Million [+]
Exports 13521.00 12910.00 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 2791.30 3974.74 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 14.00 13.00 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 June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-296.06 -330.00 581.00 -1256.00 1953 - 2019 EUR Million Monthly
Current Prices, NSA




Country Last Previous
Argentina 1131.00 Apr/19
Australia 4871.00 Apr/19
Brazil 6422.00 May/19
Canada -966.20 Apr/19
China 416.58 May/19
Euro Area 22532.90 Mar/19
France -4981.00 Apr/19
Germany 17900.00 Apr/19
India -15360.00 May/19
Indonesia -2501.90 Apr/19
Italy 4625.00 Mar/19
Japan 60.40 Apr/19
Mexico 1370.00 Apr/19
Netherlands 4154.00 Apr/19
Russia 13705.00 Apr/19
Saudi Arabia 180059.00 Dec/18
Singapore 2782.79 Apr/19
South Africa -3427.45 Apr/19
South Korea 2271.00 May/19
Spain -2352600.00 Mar/19
Switzerland 1906.00 Apr/19
Turkey -2982.01 Apr/19
United Kingdom -2740.00 Apr/19
United States -50791.00 Apr/19


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