Austria's trade deficit widened to EUR 397 million in January 2019 from EUR 203 million in the same period of the previous year, as imports rose 6.5 percent to EUR 12.97 billion driven by purchases from the EU (3.5 percent) and non-EU countries (13.9 percent). Meanwhile, exports rose at a slower 5 percent to EUR 12.57 billion as sales to the EU increased 5.3 percent and those to non-EU countries advanced 4.1 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
2019-01-09 08:00 AM Balance of Trade €-510.7M €-214M € -245M
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 €-400M € -280M
2019-06-07 07:00 AM Balance of Trade € -535M
2019-07-09 07:00 AM Balance of Trade € -320M


Austria Trade Last Previous Highest Lowest Unit
Balance of Trade -397.00 -578.00 581.00 -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 12970.00 11414.00 14723.00 61.00 EUR Million [+]
Exports 12873.00 10836.00 14125.00 59.00 EUR Million [+]
External Debt 565352.00 580026.00 633042.00 129499.00 EUR Million [+]
Capital Flows -2419.00 -166.00 7461.00 -4752.00 EUR Million [+]
Remittances 57.00 76.00 104.00 53.00 EUR Million [+]
Tourist Arrivals 4197.92 3601.18 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 [+]
Foreign Direct Investment -2252.00 9032.00 55085.00 -24174.00 EUR Million [+]
Crude Oil Production 12.00 13.00 25.00 11.00 BBL/D/1K [+]

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 April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-397.00 -578.00 581.00 -1256.00 1953 - 2019 EUR Million Monthly
Current Prices, NSA




Country Last Previous
Argentina 460.00 Feb/19
Australia 4801.00 Feb/19
Brazil 4990.00 Mar/19
Canada -2894.80 Feb/19
China 326.47 Mar/19
Euro Area 17938.00 Feb/19
France -4002.00 Feb/19
Germany 17900.00 Feb/19
India -10890.00 Mar/19
Indonesia 540.20 Mar/19
Italy 3267.83 Feb/19
Japan 528.50 Mar/19
Mexico 1222.00 Feb/19
Netherlands 5130.00 Feb/19
Russia 15671.00 Feb/19
Saudi Arabia 180059.00 Dec/18
Singapore 3615.50 Mar/19
South Africa 3990.00 Feb/19
South Korea 5222.00 Mar/19
Spain -4483276.00 Jan/19
Switzerland 2494.00 Mar/19
Turkey -2134.33 Feb/19
United Kingdom -4860.00 Feb/19
United States -49382.00 Feb/19


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