Austria's trade deficit fell to EUR 362.4 million in May 2019 from EUR 834.1 million in the same period a year ago. Exports climbed 8.2 percent to EUR 13.22 billion, boosted by sales to non-EU countries (14.2 percent) and to the EU (5.8 percent). Meantime, imports advanced at a slower 4.1 percent to EUR 13.58 billion, as purchases rose from the EU (6.0 percent) but dropped from non-EU countries (-0.2 percent). Considering the first five months of the year, the trade shortfall decreased to EUR 2,137 million from EUR 2,155 million in the same period of 2018, as exports rose 5.6 percent and imports grew 5.4 percent. Balance of Trade in Austria averaged -290.53 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 -200.00 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
2019-05-08 07:00 AM Balance of Trade Feb €-286.5M €-397M € -280M
2019-06-07 07:00 AM Balance of Trade Mar €-296.1M €-330M € -535M
2019-07-09 07:00 AM Balance of Trade Apr €-466.5M €-296.1M € -320M
2019-08-09 07:00 AM Balance of Trade May €-362.4M €-466.5M € -440M
2019-09-06 07:00 AM Balance of Trade Jun €-362.4M € -800M
2019-10-08 07:00 AM Balance of Trade Jul € -320M
2019-11-08 08:00 AM Balance of Trade Aug € -685M


Austria Trade Last Previous Highest Lowest Unit
Balance of Trade -362.00 -466.00 581.00 -1256.00 EUR Million [+]
Current Account 5424.00 1907.00 6171.00 -2353.00 EUR Million [+]
Current Account to GDP 2.30 2.00 4.50 -5.10 percent [+]
Imports 13584.00 13443.00 14750.00 61.00 EUR Million [+]
Exports 13222.00 12977.00 14130.00 59.00 EUR Million [+]
External Debt 589947.00 565352.00 633042.00 129499.00 EUR Million [+]
Capital Flows 6069.00 332.00 7779.00 -4752.00 EUR Million [+]
Remittances 56.00 77.00 104.00 53.00 EUR Million [+]
Tourist Arrivals 4316.08 3010.13 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 5.00 22.00 248.00 1.00 USD Million [+]
Crude Oil Production 13.00 13.00 25.00 11.00 BBL/D/1K [+]
Foreign Direct Investment 2341.00 -2252.00 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 August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-362.00 -466.00 581.00 -1256.00 1953 - 2019 EUR Million Monthly
Current Prices, NSA




Country Last Previous
Argentina 951.00 Jul/19
Australia 8036.00 Jun/19
Brazil 2290.00 Jul/19
Canada 135.80 Jun/19
China 446.13 Jul/19
Euro Area 20611.70 Jun/19
France -5187.00 Jun/19
Germany 16821.00 Jun/19
India -13430.00 Jul/19
Indonesia -60.00 Jul/19
Italy 5728.50 Jun/19
Japan -249.59 Jul/19
Mexico 2561.00 Jun/19
Netherlands 5158.00 Jun/19
Russia 12508.00 Jun/19
Saudi Arabia 131636.00 Mar/19
Singapore 2831.10 Jul/19
South Africa 4419.50 Jun/19
South Korea 2441.00 Jul/19
Spain -1532700.00 Jun/19
Switzerland 2671.16 Jul/19
Turkey -3177.27 Jun/19
United Kingdom 1779.00 Jun/19
United States -55154.00 Jun/19


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