Austria Balance of Trade

Last Release

Jan 31, 2022

Actual

-1,707

Units In

EUR Million

-1,661.5

Frequency

Monthly

Next Release

Jul 08, 2025

Time to Release

30 Days 0 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 balance shifted to a shortfall of EUR 0.89 billion in March 2025 compared to a surplus of EUR 0.39 billion in the same month a year ago, as imports jumped while exports fell. Imports rose 7.6% year-on-year to EUR 17.5 billion, driven primarily by a 12.6% increase in chemical products, which more than offset a 6.6% slump in fuels and energy. Imports grew for non-EU countries (+15.7%), as well as for EU countries (+3.8%). Conversely, exports decreased by 0.3% to EUR 16.6 billion mainly due to lower shipments of chemical products (-13.1%), notably medical and pharmaceutical goods; and machinery & vehicles (-2.2%). While exports to non-EU countries dropped 8.6%, shipments to EU countries increased by 3.9%.