FX.co ★ Austria Trade Surplus Narrows Sharply

In February 2025, Austria experienced a significant narrowing of its trade surplus, which decreased to EUR 0.04 billion from the EUR 1.10 billion recorded in the same month the previous year. This shift was primarily due to a dip in exports alongside a rise in imports. Specifically, exports saw a reduction of 3.3%, falling to EUR 16.21 billion. Key sectors contributing to this decline included machinery and vehicles, which dropped by 8.6%, and processed goods, which fell by 1.2%. The downturn in exports affected both non-EU countries, with a decrease of 5%, and EU countries, where exports decreased by 2.5%. Conversely, imports saw a rise of 3.2%, reaching EUR 16.17 billion, largely fueled by an 18.4% increase in the purchase of chemical products and a 1.8% increase in fuels and energy. Imports grew by 9.4% from non-EU countries and by 0.2% from EU countries. Over the first two months of the year, Austria maintained a trade surplus of EUR 0.3 billion, with imports increasing by 2.7% and exports declining by 2.3%.