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Austria

Austria ranked No. 33 in total trade value through May with a total of $7.89 billion. Exports totaled $2.56 billion and Imports totaled $5.33 billion, a deficit of $2.76 billion.

January – May 2019

Top Trading Ports

Total Trade: $7.89 billion

RankPortTotal YTD
1Port of Virginia $876,404,025
2Port of Newark $696,650,301
3Port of Charleston $632,812,839
4San Juan International Airport, P.R. $619,513,244
5John F. Kennedy International Airport $455,317,208
6Chicago O’Hare International Airport $437,739,367
7Port of Houston $401,998,978
8Port of Baltimore, Md. $367,781,146
9Port of Savannah, Ga. $344,827,046
10Philadelphia International Airport $305,782,020

U.S. trade with Austria rose to $7.89 billion through May

Austria’s trade with the United States rose to $7.89 billion through the first five months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 17.67 percent above its total trade during the same time period last year. U.S. exports to Austria increased 70.4 percent while U.S. imports from Austria rose 2.43 percent. The U.S. deficit with Austria was $2.76 billion.

Through May, 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 Port of Charleston; No. 4 San Juan International Airport, P.R.; and No. 5 John F. Kennedy International Airport. During the same period the previous year, the top five were No. 1 Port of Virginia No. 2 Port of Newark No. 3 Port of Charleston No. 4 John F. Kennedy International Airport and No. 5 Chicago O’Hare International Airport. In the current time period, the top five accounted for 41.58 percent of Austria’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Virginia rose 12.12 percent to $876.4 million.
    Exports rose 41.25 percent to $503.91 million. Imports fell 12.33 percent to $372.49 million.
  • Trade with No. 2 Port of Newark rose 15.56 percent to $696.65 million.
    Exports rose 65.89 percent to $36.51 million. Imports rose 13.65 percent to $660.14 million.
  • Trade with No. 3 Port of Charleston rose 15.7 percent to $632.81 million.
    Exports rose 161.57 percent to $26.47 million. Imports rose 12.95 percent to $606.35 million.
  • Trade with No. 4 San Juan International Airport, P.R. rose 226.46 percent to $619.51 million.
    Exports rose 226.72 percent to $619.43 million. Imports fell 55.28 percent to $79,943.
  • Trade with No. 5 John F. Kennedy International Airport fell 6.16 percent to $455.32 million.
    Exports rose 79.36 percent to $161.11 million. Imports fell 25.59 percent to $294.21 million.

Austria ranked No. 33 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 37.

Meanwhile, total U.S. trade with the world increased to $1.71 trillion, up 0.56 percent compared to the same period last year. The nation’s exports climbed 0.12 percent to $685.55 billion; imports climbed 0.86 percent to $1.03 trillion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $342.77 billion, up compared to the same period of last year when the deficit was $334.82 billion.

The top five U.S. exports to Austria by value through May were the categories of Insulin, hormones and steroids; Plasma, vaccines, blood; Coal, briquettes; Civilian aircraft, parts; and Low value shipments, respectively. They accounted for 65.35 percent of total exports to Austria.

The value of the top five categories of U.S. imports from Austria –– Motor vehicles for transporting people; Medicines in individual dosages; Sweetened waters; Plasma, vaccines, blood; and Motor vehicle engines –– accounted for 35.29 percent of all inbound shipments.

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

  • Insulin, hormones and steroids rose 227.31 percent compared to last year to $621 million.
  • Plasma, vaccines, blood rose 55.69 percent compared to last year to $602.13 million.
  • Coal, briquettes rose 445.18 percent compared to last year to $184.06 million.
  • Civilian aircraft, parts rose 77.74 percent compared to last year to $155.18 million.
  • Low value shipments rose 71.72 percent compared to last year to $112.13 million.

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

  • Motor vehicles for transporting people rose 107.95 percent compared to last year to $648.47 million.
  • Medicines in individual dosages rose 4 percent compared to last year to $430.75 million.
  • Sweetened waters fell 8.77 percent compared to last year to $358.42 million.
  • Plasma, vaccines, blood fell 23.6 percent compared to last year to $289.01 million.
  • Motor vehicle engines fell 4.66 percent compared to last year to $153.12 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.