Import of Goods Value from Austria (1990-2023)

Import of Goods Value from Austria (1990-2023)

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TGM StatBox. (2024). Import of Goods Value from Austria (1990-2023). TGM StatBox.
Chart Details
Timeframe: 1990-2023
Country: Austria
Published date: 2024
Note: Merchandise imports by product group (Million US dollars), as defined by the World Trade Organization (WTO), refers to the total value of goods imported into a country, categorized by specific product groups, and expressed in millions of U.S. dollars.
Key Takeaways
Austria's imports grew steadily from $49.1B in 1990 to $119.9B in 2004, driven by EU integration and its strategic location in Central Europe. The 2008 peak of $184.3B reflected robust trade relations within the EU and beyond. However, the global financial crisis caused a contraction to $143B in 2009.

From 2010 onward, imports rebounded, reaching $233.5B in 2022, supported by Austria's advanced manufacturing and export-oriented economy. The slight decrease to $225B in 2023 highlights challenges like energy price shocks and global supply chain disruptions. Austria's consistent import growth underscores its stable economy and strong EU trade integration.

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