Austria

In 2012, the value of merchandise exports of Austria decreased moderately by 6.3 percent to reach 158.8 bln US$, while its merchandise imports decreased moderately by 7.0 percent to reach 169.7 bln US$ (see graph 1, table 2 and table 3). The merchandise trade balance recorded a relatively small deficit of 10.8 bln US$ (see graph 1). The largest merchandise trade balance was with MDG Developed Europe at -12.8 bln US$ (see graph 4). Merchandise exports in Austria were diversified amongst partners; imports were moderately concentrated. The top 18 partners accounted for 80 percent or more of exports and 14 partners accounted for 80 percent or more of imports (see graph 5). In 2012, the value of exports of services of Austria decreased slightly by 1.0 percent, reaching 60.5 bln US$, while its imports of services increased slightly by 0.5 percent and reached 42.4 bln US$ (see graph 2). There was a moderate trade in services surplus of 18.1 bln US$.

Related Subject(s): International Trade and Finance

Countries: Austria