Press release: 12.366-206/20
– The value of imports of goods was
at €10.83 bn in August 2020, a decrease
of 5.6% compared to August 2019, as Statistics Austria reports. At the
same time, exports of goods decreased
by 7.2% to €10.16 bn; Switzerland, Germany and the United States were
affected likewise. The balance of trade thus showed a deficit of €0.67 bn.
Working-day adjusted, the rates of decrease were 5.4% for imports and
6.7% for exports. A general flattening of exports as well as imports
was already observed in January and February 2020, before the Corona
shutdown in Austria came into effect in mid-March 2020.
The significant decline due to COVID-19 in March (import:
-8.0%, export: -4.3%), April (import: -26.0%, export: -23.7%) and May (import:
-24.7%, export: -25.4%) was mainly responsible for the negative development
of foreign trade in the current reporting year. In the period January
to August 2020, total imports amounted to €92.98 bn and total
exports added up to €91.65 bn. Compared to the corresponding period
of the previous year, Austrian imports decreased by 12.2% and Austrian
exports declined by 10.2%. The global ITGS balance (Austrian International
Trade in Goods Statistics balance) showed a deficit of €1.34 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 09.11.2020