Press release: 12.762-060/22

International trade in goods 2021: significant increases in imports (+23.2%) and exports (+16.1%)

Vienna, 2022-03-09 – In 2021, total imports amounted to €177.98 bn and total exports added up to €165.48 bn, according to preliminary results by Statistics Austria. Compared to 2020, Austrian imports increased by 23.2% and Austrian exports rose by 16.1%. The balance of trade thus showed a deficit of €12.50 bn. Working-day adjusted, the rates of increases were 23.4% for imports and 16.2% for exports.

The strong increases, especially in the months of April, May and June, contributed significantly to the positive development of the entire reporting year. A general increase in both exports and imports could already be observed since March 2021: With the exception of exports in the reporting month of October, both imports and exports were above the pre-crisis level of the respective comparative months of 2019.

"Austria's foreign trade is booming. In 2021, exports increased by 16.1% compared to 2020, which was marked by Corona. This means that exports were also already a good deal higher by 7.8% than in the pre-crisis year 2019. Above all, road vehicles, medical and pharmaceutical products and metal goods contributed to exports. The most important export partners in 2021 were Germany with 30.1%, Italy with 6.8% and the United States with 6.7%; the Russian Federation was in 17th place with an export share of 1.2%," said Statistics Austria Director General Tobias Thomas.

For more detailed information please refer to the German version. Visualisations of the foreign trade data for 2021 are available in the ITGS-Atlas.