The Treasurer’s Guide to Trade Finance

Austria

Principal exports

Machinery and equipment, motor vehicles
and parts, paper and paperboard, metal
goods, chemicals, iron and steel, textiles, and
foodstuffs.

Import/Export documentation

Within the EU: no documentation
requirements, but a commercial invoice is
typically included.

Outside the EU: commercial invoice, customs
declaration, bill of lading, packing list and,
sometimes, a certificate of origin.

Licences

Imports

ƒ Licence from the Federal Ministry for
Economic Affairs: industrial products.

ƒ Licence from the Ministry of Agriculture and
Forestry: agricultural products.

ƒ Various consumer products from China.

ƒ Items subject to statistical surveillance under
the European Coal and Steel Community
(ECSC) Treaty.

Exports

ƒ Goods/items that are subject to international
controls.

Tariffs/Taxes

Imports

ƒ Tariffs on imports from outside the EU are

set according to the EU’s common customs

code, with higher rates for agricultural

imports.

Exports

ƒ None.

Financing requirements for imports/

exports

ƒ None.

Prohibited items

ƒ Imports that are prohibited in accordance

with EU regulations and UN Security Council

resolutions, such as items deemed a threat

to fauna and flora and national security.

ƒ Exports that are prohibited in accordance

with EU regulations and UN Security Council

resolutions.

Austria imports exports

Trade information

Key trading partners

Imports by origin

EU 72.5%

Switzerland 5.4%

China 4.8%

USA 2.9%

Russian

Federation 2.0%

Other 12.4%

Source: WTO, September 2012

Exports by destination

EU 70.5%

Switzerland 5.1%

USA 4.5%

China 2.6%

Russian

Federation 2.3%

Other 15.0%