Austria balance of trade

Austria balance of trade: -564 (-165.94%)
Last Update: August 31, 2024

Austria balance of trade closed down -564 as of August 31, 2024 from 855.3 from the previous month and -97 from last year.

Austria balance of trade Analytics & Data

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Austria balance of trade closing prices of the last 24 values are displayed below. Sign up free to download the full historical data series using MacroVar Web/Excel or API.

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Austria balance of trade

Date	Values
2024-08-31	-564
2024-07-31	855.3
2024-06-30	488.5
2024-05-31	2.5
2024-04-30	303.2
2024-03-31	590.3
2024-02-29	1181.7
2024-01-31	1077.5
2023-12-31	365
2023-11-30	1936
2023-10-31	822
2023-09-30	-182
2023-08-31	-97
2023-07-31	-150
2023-06-30	-153
2023-05-31	-528
2023-04-30	-246
2023-03-31	443
2023-02-28	-1378
2023-01-31	-2098
2022-12-31	-1358
2022-11-30	-1579
2022-10-31	-1894
2022-09-30	-1608

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Austria balance of trade Statistics

Indicator	Symbol	Actual	Previous	M/M%	Y/Y%	Trend	Slope	Percentile	Update
balance of trade	at.balanceoftrade	-564.0	855.3	-166	481	Down	Down	93	2024-08-31

Austria balance of trade Quantitative Analysis, Charts & Factors

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Austria balance of trade Historical Data

The MacroVar database offers free access to historical data for the Austria balance of trade, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Austria balance of trade data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Austria balance of trade

The balance of trade in Austria refers to the difference between the value of exports and imports of goods and services in the country. A positive balance of trade occurs when the value of exports exceeds the value of imports, leading to a trade surplus. This can indicate a strong economy and competitive industries. Conversely, a negative balance of trade, or a trade deficit, occurs when imports exceed exports, which can indicate a reliance on foreign goods and potential economic weakness. Austria's balance of trade is influenced by factors such as global demand for its goods, exchange rates, and domestic economic conditions. Policymakers often monitor and analyze the balance of trade to inform decisions on trade policies and economic strategies.

Austria balance of trade

Austria balance of trade Analytics & Data

Austria balance of trade

Austria balance of trade Statistics

Austria balance of trade Quantitative Analysis, Charts & Factors

Austria balance of trade Historical Data

What is the Austria balance of trade

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