Exploring Duty Differences: Austria Vs China

Austria and China have a complex trade relationship, with both countries exporting a range of goods to one another. In 2022, Austria exported $5.34 billion worth of goods to China, including cars, machinery, and unprocessed artificial staple fibres. Over the previous five years, Austrian exports to China had increased at an annualised rate of 3.21%. Customs duties in Austria are calculated based on the CIF (Cost, Insurance, and Freight) value of the goods, generally ranging from 3% to 20% of the cargo value, depending on the product type. In 2022, China had a large net trade with Austria in the exports of machines, miscellaneous goods, and chemical products.

Customs duties in Austria are calculated based on the CIF (Cost, Insurance, and Freight) value of the goods

Austria and China have a strong trade relationship. In 2022, Austria exported $5.34 billion worth of goods to China, including cars, machinery, and unprocessed artificial staple fibres. Over the past five years, Austrian exports to China have increased at an annualised rate of 3.21%. In 2020, Austria exported services to China worth $541 million, with other business services, transportation, and travel being the largest in terms of value.

In 2022, China had a large net trade with Austria in the exports of machines ($3.89 billion), miscellaneous goods ($572 million), and chemical products ($520 million). In 2017, Austria had a large net trade with China in the exports of machines ($2.17 billion), transportation ($870 million), and metals ($559 million).

Austrian customs favour goods made and shipped from certain regions, so it is important to specify the country of manufacture to avoid unexpected duty charges. The Certificate of Conformity (CE Standard) is required for shipping from China to Austria, testifying that goods comply with safety, health, and environmental protection standards.

Austria's exports to China include cars, machinery, and unprocessed artificial staple fibres

Customs duties in Austria are calculated based on the CIF (Cost, Insurance, and Freight) value of the goods, generally ranging from 3% to 20% of the cargo value, depending on the product type. Austrian customs favour goods made and shipped from certain regions, so it's important to specify the country of manufacture.

In 2022, Austria exported $5.34 billion worth of goods to China. The main products exported were cars ($710 million), machinery with individual functions ($583 million), and unprocessed artificial staple fibres ($277 million). Over the previous five years, exports from Austria to China had increased at an annualised rate of 3.21%, from $4.28 billion in 2017 to $5.34 billion in 2022. In 2020, Austria exported services to China worth $541 million, with other business services ($263 million), transportation ($117 million), and travel ($54.8 million) being the largest in terms of value.

In 2022, countries that imported more from Austria than China included Slovakia ($7.4 billion), Croatia ($2.14 billion), and San Marino ($13.8 million). During the same year, China had a large net trade with Austria in the exports of machines ($3.89 billion), miscellaneous goods ($572 million), and chemical products ($520 million). In 2017, Austria had a large net trade with China in the exports of machines ($2.17 billion), transportation ($870 million), and metals ($559 million).

China's exports to Austria include machines, chemical products, and miscellaneous goods

China and Austria have a strong trade relationship, with both countries exporting a range of goods to each other. In 2022, China had a large net trade with Austria in the exports of machines ($3.89 billion), miscellaneous goods ($572 million), and chemical products ($520 million).

Austria's exports to China in 2022 included cars ($710 million), machinery with individual functions ($583 million), and unprocessed artificial staple fibres ($277 million). In 2020, Austria exported services to China worth $541 million, with other business services ($263 million), transportation ($117 million), and travel ($54.8 million) being the largest in terms of value.

Customs duties in Austria are calculated based on the CIF (Cost, Insurance, and Freight) value of the goods, generally ranging from 3% to 20% of the cargo value, depending on the product type. Austrian customs also offer preferential rates for goods made and shipped from certain regions, which can help businesses avoid unexpected duty charges. To ensure a smooth shipping process from China to Austria, a Certificate of Conformity (CE Standard) is required to certify that goods comply with European standards for safety, health, and environmental protection.

Austrian customs favour goods made and shipped from certain regions

In 2022, countries that imported more from Austria than China included Slovakia ($7.4 billion), Croatia ($2.14 billion), and San Marino ($13.8 million). During the same year, China had a large net trade with Austria in the exports of machines ($3.89 billion), miscellaneous goods ($572 million), and chemical products ($520 million). In 2017, Austria had a large net trade with China in the exports of machines ($2.17 billion), transportation ($870 million), and metals ($559 million).

The Certificate of Conformity (CE Standard) is required for shipping from China to Austria

Customs duties in Austria are calculated based on the CIF (Cost, Insurance, and Freight) value of the goods, generally ranging from 3% to 20% of the cargo value, depending on the product type. Austrian customs favour goods made and shipped from certain regions, so it's important to specify the right country of manufacture to avoid unexpected duty charges.

Frequently asked questions