Austria posted a trade deficit of EUR 0.1 billion in October 2024, reversing from a EUR 0.82 billion surplus in the same month last year, as exports fell while imports increased. Year-on-year, exports dropped by 2% to EUR 17.32 billion, dragged down by lower sales for machinery & vehicles, processed goods, chemical products and other manufactured goods. Exports declined from EU countries (-4.2%), while it rose for non-EU countries (2.6%). Meanwhile, imports advanced by 2.9% to EUR 17.41 billion, driven by increased purchases for other manufactured goods and processed goods. Imports climbed to both EU (1.1%) and non-EU countries (6.5%). Considering the January to October period, the country posted a trade surplus of 3.57 billion, as imports (-8.3%) decreased faster than exports (-3.8%). source: Statistics Austria

Austria recorded a trade deficit of 96.30 EUR Million in October of 2024. Balance of Trade in Austria averaged -308.10 EUR Million from 1953 until 2024, reaching an all time high of 1936.00 EUR Million in November of 2023 and a record low of -2684.00 EUR Million in August of 2022. 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 January of 2025.




Calendar GMT Reference Actual Previous Consensus TEForecast
2024-12-06 08:00 AM
Balance of Trade
Sep €608.9M €-564M € 200M
2025-01-08 08:00 AM
Balance of Trade
Oct €-96.3M €608.9M € 700.0M
2025-02-07 08:00 AM
Balance of Trade
Nov €-96.3M

Components Last Previous Unit Reference
Exports 17318.00 15986.00 EUR Million Oct 2024
Imports 17414.00 15377.00 EUR Million Oct 2024

Related Last Previous Unit Reference
Balance of Trade -96.30 608.90 EUR Million Oct 2024
Tourist Arrivals 1274.35 2032.45 Thousand Nov 2024

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
-96.30 608.90 1936.00 -2684.00 1953 - 2024 EUR Million Monthly
Current Prices, NSA


News Stream
Austria Trade Balance Swings to Deficit in October
Austria posted a trade deficit of EUR 0.1 billion in October 2024, reversing from a EUR 0.82 billion surplus in the same month last year, as exports fell while imports increased. Year-on-year, exports dropped by 2% to EUR 17.32 billion, dragged down by lower sales for machinery & vehicles, processed goods, chemical products and other manufactured goods. Exports declined from EU countries (-4.2%), while it rose for non-EU countries (2.6%). Meanwhile, imports advanced by 2.9% to EUR 17.41 billion, driven by increased purchases for other manufactured goods and processed goods. Imports climbed to both EU (1.1%) and non-EU countries (6.5%). Considering the January to October period, the country posted a trade surplus of 3.57 billion, as imports (-8.3%) decreased faster than exports (-3.8%).
2025-01-08
Austria Trade Balance Swings to Surplus in September
Austria recorded a trade surplus of EUR 0.61 billion in September 2024, shifting from a deficit of EUR 0.18% in the same month last year, as exports dropped less than imports. Exports fell by 2.9% year-on-year to EUR 15.99 billion, dragged down by lower sales for machinery & vehicles, processed goods, chemical products, and other manufactured goods. Exports to both non-EU (-3.5%) and EU countries (-2.6%) declined. Meanwhile, imports decreased by 8% to EUR 15.38 billion, mainly due to reduced purchases for machinery & vehicles, processed goods, other manufactured goods, and fuels & energy. Imports fell from the EU (-8.5%), as well as non-EU countries (-7.1%). Considering the January to September period, the country posted a trade surplus of EUR 3.48 billion, as imports (-9.5%) dropped much faster than exports (-4.1%).
2024-12-06
Austria Posts Widest Trade Gap in 1-1/2-Years
Austria posted a trade deficit of €0.56 billion in August 2024, larger than €97 million in the corresponding month of the previous year. This marks the widest trade shortfall since February 2023, as exports fell more than imports. Shipments slipped by 9.2% year-on-year to a three-year low of €13.4 billion, mainly due to lower exports of machinery and vehicles (-11.9%); manufactured goods (-11.4%) and processed goods (-5.3%). Meanwhile, imports declined by 6.1% to €14 billion, primarily due to reduced purchases of fuels and energy (-14.6%); chemical products (-9.4%) and machinery and vehicles group (-6.8%). "The decline in imports and exports is largely due to the fall in trade with Germany, Austria’s most important trading partner. Here, the value of imports fell by 8.7% year-on-year in August 2024, while exports to Germany fell by 6.3% ”said Statistics Austria Director General Tobias Thomas.
2024-11-08