Trade Balance in Austria

Estadistica Austria · Mensual

-635.5 (May-26) ABS · M EUR · Mensual · CSV

About this indicator

Source	Statistics Austria
Frequency	Mensual
Release	En torno a uno o dos meses después del periodo de referencia.
What it is	The trade balance records the value of goods traded between Austrian residents and the rest of the world over a period. It reflects external trade activity, measured as the difference between exports and imports, and is published by Statistics Austria (Statistik Austria).
How it's calculated	It is derived as the difference between the value of goods exports and imports recorded in the external trade statistics. A positive balance is a trade surplus and a negative one a deficit. It is expressed in millions of euros.
Market implications	The external balance is a component of GDP, so its trend affects growth, and it signals the competitiveness of the Austrian economy, which is highly open and embedded in European value chains, especially with Germany. A deterioration often mirrors weakness among its partners.
Limitations	The figures are not final: each release tends to revise earlier periods and the data arrive with some lag relative to the reference month. It covers goods only and can be volatile owing to one-off transactions.