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Austria

Austria ranked No. 35 in total trade value through October with a total of $13.97 billion. Exports totaled $2.9 billion and Imports totaled $11.07 billion, a deficit of $8.17 billion.

January – October 2018

Top Trading Ports

Total Trade: $13.97 billion

RankPortTotal YTD
1Port of Virginia $1,626,157,890
2Port of Newark $1,319,811,614
3John F. Kennedy International Airport $1,202,480,210
4Port of Charleston $1,168,699,059
5Port of Houston $736,698,522
6Chicago O’Hare International Airport $717,243,364
7Cleveland’s Hopkins International Airport, Ohio $654,576,164
8Port of Baltimore, Md. $653,179,874
9Port of Savannah, Ga. $506,840,200
10Philadelphia International Airport $483,557,753

U.S. trade with Austria rose to $13.97 billion through October

Austria’s trade with the United States rose to $13.97 billion through the first 10 months of 2018, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 5.67 percent above its total trade during the same time period last year. Austria’s exports decreased 21.08 percent while imports rose 15.96 percent. The U.S. deficit with Austria was $8.17 billion.

Through October, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Virginia; No. 2 Port of Newark; No. 3 John F. Kennedy International Airport; No. 4 Port of Charleston; and No. 5 Port of Houston. During the same period the previous year, the top five were No. 1 John F. Kennedy International Airport No. 2 Port of Virginia No. 3 San Juan International Airport, P.R. No. 4 Port of Charleston and No. 5 Port of Newark. In the current time period, the top five accounted for 43.32 percent of Austria’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Virginia rose 18.3 percent to $1.63 billion.
    Exports rose 27.73 percent to $705.84 million. Imports rose 11.96 percent to $920.32 million.
  • Trade with No. 2 Port of Newark rose 35.07 percent to $1.32 billion.
    Exports rose 108.76 percent to $54.27 million. Imports rose 33.05 percent to $1.27 billion.
  • Trade with No. 3 John F. Kennedy International Airport fell 19.82 percent to $1.2 billion.
    Exports rose 2.42 percent to $182.62 million. Imports fell 22.83 percent to $1.02 billion.
  • Trade with No. 4 Port of Charleston rose 0.5 percent to $1.17 billion.
    Exports rose 2.67 percent to $25.47 million. Imports rose 0.45 percent to $1.14 billion.
  • Trade with No. 5 Port of Houston rose 22.92 percent to $736.7 million.
    Exports rose 6.78 percent to $73.55 million. Imports rose 25.02 percent to $663.15 million.

Austria ranked No. 35 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 35.

Meanwhile, total U.S. trade with the world increased to $3.51 trillion, up 9.44 percent compared to the same period last year. The nation’s exports climbed 8.95 percent to $1.39 trillion; imports climbed 9.77 percent to $2.12 trillion. The nation’s top five countries so far this year, by value, are China; Canada; Mexico; Japan and Germany. The overall trade deficit was $732.48 billion, up compared to the same period of last year when the deficit was $657.79 billion.

The top five U.S. exports to Austria by value through October were the categories of Plasma, vaccines, blood; Insulin, hormones and steroids; Civilian aircraft, parts; Coal, briquettes; and Low value shipments, respectively. They accounted for 48.96 percent of total exports to Austria.

The value of the top five categories of U.S. imports from Austria –– Medicines in individual dosages; Sweetened waters; Motor vehicles for transporting people; Plasma, vaccines, blood; and Cell phones, related equipment –– accounted for 31.35 percent of all inbound shipments.

Looking more closely at U.S. exports to Austria:

  • Plasma, vaccines, blood rose 32.51 percent compared to last year to $765.65 million.
  • Insulin, hormones and steroids fell 82.74 percent compared to last year to $211.6 million.
  • Civilian aircraft, parts fell 27.54 percent compared to last year to $178.71 million.
  • Coal, briquettes rose 46.7 percent compared to last year to $138.71 million.
  • Low value shipments fell 22.23 percent compared to last year to $125.15 million.

Looking more closely at U.S. imports from Austria:

  • Medicines in individual dosages fell 6.85 percent compared to last year to $803.25 million.
  • Sweetened waters rose 14.5 percent compared to last year to $801.17 million.
  • Motor vehicles for transporting people rose 177.19 percent compared to last year to $786.77 million.
  • Plasma, vaccines, blood rose 1.3 percent compared to last year to $687.67 million.
  • Cell phones, related equipment fell 4.12 percent compared to last year to $393.07 million.

In the latest annual figures available, Austria recorded $15.99 billion in trade with the United States. At year’s end, its were New York City; Norfolk; Charleston; San Juan; and Atlanta/Savannah. Total U.S. exports to Austria were $ 4.26 billion and imports from Austria were $11.72 billion. The U.S. deficit with Austria was $7.46 billion.