FX.co ★ Austria Trade Surplus Narrows Sharply

In January 2025, Austria's trade surplus experienced a significant reduction, shrinking to EUR 0.31 billion from EUR 0.81 billion in the same month the year prior. This contraction was driven by a decrease in exports and an increase in imports. Compared to the previous year, exports fell by 1.7% to EUR 15.8 billion, with a notable decline in machinery and vehicles, which dropped by 10.1%. Exports to non-EU countries decreased by 8%, whereas exports to EU countries rose by 1.5%. On the other hand, imports grew by 1.5% to reach EUR 15.49 billion, largely due to heightened purchases of manufactured goods, which saw an increase of 5.3%, and processed goods, which rose by 4.5%. Imports from non-EU countries climbed by 7.3%, while those from EU countries decreased by 1.4%.