International Merchandise Trade Statistics: Imports: Commodities for Austria

XTIMVA01ATM664S • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

16,799,900,000.00

Year-over-Year Change

4.64%

Date Range

1/1/1953 - 4/1/2025

Summary

This economic trend measures Austria's imports of merchandise commodities, providing insights into the country's international trade patterns and economic activity.

Analysis & Context

This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.

Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.

About This Dataset

The International Merchandise Trade Statistics: Imports: Commodities for Austria tracks the value of goods imported into the country across various commodity categories. This data is crucial for understanding Austria's trade balance, competitiveness, and integration within global supply chains.

Methodology

The data is collected and compiled by national statistical agencies following international standards.

Historical Context

Policymakers and analysts use this trend to assess Austria's economic performance and trade relationships.

Key Facts

  • Austria is a major importer of goods within the European Union.
  • Commodity imports account for a significant portion of Austria's total imports.
  • Trends in Austria's merchandise imports can signal changes in domestic consumption and production.

FAQs

Q: What does this economic trend measure?

A: This trend measures the value of commodities imported into Austria, providing insights into the country's international trade patterns and economic activity.

Q: Why is this trend relevant for users or analysts?

A: This trend is crucial for understanding Austria's trade balance, competitiveness, and integration within global supply chains, which are important for policymakers and analysts.

Q: How is this data collected or calculated?

A: The data is collected and compiled by national statistical agencies following international standards.

Q: How is this trend used in economic policy?

A: Policymakers and analysts use this trend to assess Austria's economic performance and trade relationships.

Q: Are there update delays or limitations?

A: The data may be subject to periodic updates and revisions by the statistical agencies collecting the information.

Related Trends

Citation

U.S. Federal Reserve, International Merchandise Trade Statistics: Imports: Commodities for Austria (XTIMVA01ATM664S), retrieved from FRED.