Austria Balance of Trade

Last Release

Jan 31, 2022

Actual

-1,707

Units In

EUR Million

-1,661.5

Frequency

Monthly

Next Release

May 09, 2025

Time to Release

27 Days 8 Hours

Highest	Lowest	Average	Date Range	Source
581 Nov 2014	-1,775 Jun 2021	-301.15 EUR Million	1953-2022	Statistics Austria

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.

Latest Updates

Austria’s trade surplus narrowed sharply to EUR 0.31 billion in January 2025 from EUR 0.81 billion in the corresponding month of the previous year, as exports dropped while imports rose. Year-on-year, exports declined by 1.7% to EUR 15.8 billion, dragged down mainly by lower sales for machinery and vehicles (-10.1%). Exports decreased from non-EU countries (-8%), while it increased for EU countries (1.5%). Meanwhile, imports advanced by 1.5% to EUR 15.49 billion, primarily attributed to higher purchases of manufactured goods (5.3%) and processed goods (4.5%). Imports climbed for non-EU countries (7.3%), while it fell for EU countries (-1.4%).