Press release: 12.412-003/21
– The value of imports of goods was
at €13.48 bn in October 2020, a decrease
of 6.0% compared to October 2019, as Statistics Austria reports. At the
same time, exports of goods decreased
by 10.7% to €13.16 bn. The balance of trade thus showed a deficit of
€0.32 bn. Working-day adjusted, imports rose by 0.2%, while exports
declined by 4.4%.
The significant decline due to Corona crisis in March
(import: -7.8%, export: -4.3%), April (import: -26.0%, export: -23.7%) and
May (import: -24.6%, export: -25.4%) was mainly responsible for the negative
development of foreign trade in the current reporting year. In the period January
to October 2020, total imports amounted to €119.29 bn and total
exports added up to €117.77 bn. Compared to the corresponding period
of the previous year, Austrian imports decreased by 10.5% and Austrian
exports declined by 9.2%. A general flattening of exports as well as
imports was already observed in January and February 2020, before the
first Corona shutdown in Austria came into effect in mid-March 2020.
The global ITGS balance (Austrian International Trade in Goods Statistics
balance) showed a deficit of €1.52 bn.
For more detailed information please refer to the German
version. Visualisations of the foreign trade data for 2019
are available in the ITGS-Atlas,
the interactive tree maps on imports
as well as exports
and a bar diagram.
© STATISTICS AUSTRIA,
Last Changed 08.01.2021