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What are the main imports of Austria?

By Andrew Vasquez |

Austria imports mainly machinery and equipment, motor vehicles, chemicals, metal goods, oil and oil products and foodstuffs. Its main import partners are European Union countries (Germany, Italy, Netherlands), Switzerland, China and United States.

What are major exports in Austria?

Austria’s major exports include packaged medicaments, vehicle parts, cars, broadcasting equipment, human or animal blood, combustion engines, flavored water, spark ignition engines, metal mountings, and electrical transformers.

What are the top three imports of Austria?

Imports: The top imports of Austria are Cars ($9.35B), Vehicle Parts ($5.32B), Broadcasting Equipment ($4.4B), Refined Petroleum ($4.02B), and Packaged Medicaments ($3.59B), importing mostly from Germany ($67.5B), Italy ($11.7B), Czechia ($8.45B), China ($6.58B), and Switzerland ($6.54B).

What food does Austria import?

Meat and seafood Meat and edible offal are among the top Austrian food imports. Quality is extremely important and exporters offering speciality meats could find opportunities. Seafood imports showed a dramatic increase (almost 75%) in the last decade, but have stabilised in the recent years.

Is Austria religious?

In Austria there is religious freedom. According to a population census in 2001, the larger part of the Austrian population professes to be of Roman Catholic faith (around three quarters). This group is followed by persons without religious faith, Protestants, Muslims and members of the Christian Orthodox faith.

What is the agriculture in Austria?

The prevailing annual crops include durum wheat, grain maize, soybean and sunflowers in the warmest parts of Austria. Grasslands are dominant in the highlands and mountainous regions (13).

What kind of products does Austria export to the world?

The number one product that Austria exports are machineries, amounting to $27.6 billion. The second largest export is electronic equipment totaling to $18.9 billion. The next most exported products are vehicles, pharmaceuticals, and plastics.

Which is the largest export partner of Austria?

Its biggest export partner is Germany which absorbs 29.5% of exports. The number one product that Austria exports are machineries, amounting to $27.6 billion. The second largest export is electronic equipment totaling to $18.9 billion. The next most exported products are vehicles, pharmaceuticals, and plastics.

What kind of currency does Austria use for imports?

The cost of Austria’s imports expanded by 14.8% since 2016 but decreased by -2.5% from 2019 to 2020. Based on the average exchange rate for 2020, Austria uses the euro which appreciated by 2% against the US dollar since 2016 and rose by 3.1% from 2019 to 2020.

Who are the largest exporters of medicaments to Austria?

However, the biggest exporters of packaged medicaments include Germany, USA, Ireland, Switzerland, and France. On the other and, the highest importers of these medicaments comprise the United Kingdom, Germany, Switzerland, and Belgium. In Austria, packaged medicaments account for $6.2 billion and constitute 3.7% of the overall export.