06.11.202508:37:21UTC+00Austria Trade Deficit Widens in August

Austria experienced a notable increase in its trade deficit, reaching EUR 1.90 billion in August 2025, compared to the EUR 0.60 billion registered in the same month of the prior year. This change was primarily due to an 11.7% year-on-year decline in exports, which amounted to EUR 11.92 billion. The drop was mainly due to reduced shipments in machinery and vehicles, which decreased by 12%, and a significant 18.9% decline in chemical products. Export activity weakened in both non-EU nations, with a 33% decrease, and EU countries, with a 0.9% reduction. Imports also saw a downturn, decreasing by 1.9% year-on-year to EUR 13.82 billion. This decline was linked to diminished imports of machinery and vehicles (down by 3%), processed goods (down by 4.5%), and other manufactured goods (down by 3.2%). While imports from EU countries fell by 3.7%, those from non-EU countries actually rose by 1.6%.