The trade deficit in Austria narrowed to EUR 214 million in September 2018 from EUR 423 million in the same month a year earlier. Exports rose 2.8 percent year-on-year to EUR 12.42 billion as sales to countries outside the EU advanced 7.3 percent and to the EU countries increased 0.9 percent. Meantime, imports went up 1.1 percent to EUR 12.63 billion, as purchases from countries outside the EU jumped 5.6 percent and those while those from EU countries fell 0.7 percent. Considering the first nine months of the year, the trade gap declined to EUR 3.68 billion from EUR 4.27 billion in the same period of 2017, as exports advanced 6.0 percent and imports edged up 5.2 percent. Balance of Trade in Austria averaged -287.31 EUR Million from 1953 until 2018, 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 -696.00 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 -403.70 in 12 months time. In the long-term, the Austria Balance of Trade is projected to trend around -736.00 EUR Million in 2020, according to our econometric models.

Austria Balance of Trade
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Calendar GMT Actual Previous Consensus TEForecast
2018-09-07 07:00 AM Balance of Trade €-146.2M €-711.9M € -570M
2018-10-09 07:00 AM Balance of Trade €-119.2M €-146.2M € -95M
2018-11-09 08:00 AM Balance of Trade €-587M €-119.2M € -864M
2018-12-07 08:00 AM Balance of Trade €-214M €-587M € -609M
2019-01-08 08:00 AM Balance of Trade €-214M
2019-02-06 08:00 AM Balance of Trade
2019-03-08 08:00 AM Balance of Trade € -696M


Austria Trade Last Previous Highest Lowest Unit
Balance of Trade -214.00 -587.00 581.00 -1256.00 EUR Million [+]
Current Account 992.00 5320.00 6171.00 -2353.00 EUR Million [+]
Current Account to GDP 1.90 2.10 4.50 -5.10 percent [+]
Imports 12629.00 11902.00 14197.00 61.00 EUR Million [+]
Exports 12415.00 11315.00 13658.00 59.00 EUR Million [+]
External Debt 583571.00 566186.00 633042.00 129499.00 EUR Million [+]
Capital Flows -2364.00 7461.00 7461.00 -4752.00 EUR Million [+]
Remittances 76.00 57.00 104.00 53.00 EUR Million [+]
Tourist Arrivals 2949.18 3860.05 5421.70 961.33 Thousand [+]
Gold Reserves 280.00 280.00 407.48 279.99 Tonnes [+]
Terrorism Index 1.52 0.18 3.16 0.00 [+]
Weapons Sales 22.00 15.00 348.00 1.00 USD Million [+]
Foreign Direct Investment 577.00 4150.00 55085.00 -24174.00 EUR Million [+]
Crude Oil Production 13.00 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 December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-214.00 -587.00 581.00 -1256.00 1953 - 2018 EUR Million Monthly
Current Prices, NSA




Country Last Previous
Argentina 277.00 Oct/18
Australia 2316.00 Oct/18
Brazil 4062.09 Nov/18
Canada -1165.20 Oct/18
China 447.40 Nov/18
Euro Area 13952.30 Oct/18
France -4052.00 Oct/18
Germany 18300.00 Oct/18
India -16670.00 Nov/18
Indonesia -2047.00 Nov/18
Italy 3784.00 Oct/18
Japan -737.30 Nov/18
Mexico -2936.00 Oct/18
Netherlands 4850.00 Oct/18
Russia 19697.00 Oct/18
Saudi Arabia 162782.00 Jun/18
Singapore 3799.41 Nov/18
South Africa -5549.90 Oct/18
South Korea 5139.00 Nov/18
Spain -3297100.00 Sep/18
Switzerland 2637.00 Oct/18
Turkey -456.10 Oct/18
United Kingdom -3300.00 Oct/18
United States -55488.00 Oct/18


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