Why did the European powers Austria-Hungary participate in World War I have no overseas colonies?

Why did the European powers Austria-Hungary participate in World War I have no overseas colonies?
The Austro-Hungarian Empire in the "allies" camp of World War I was an "alternative" among the great powers.

World War I was a "big stage performance" for European powers. To compete for colonial hegemony, European countries were divided into "allies" and "allies" to fight to the death, leaving an extremely bloody stroke in the history of human civilization.

first, the navy of the Austro-Hungarian Empire is relatively weak, and it can only focus on competing with the European powers for continental hegemony.

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second, there are many contradictions within the Austro-Hungarian Empire, and have no energy for overseas expansion.


third, the geographical location of the Austro-Hungarian Empire is far from the "European waterway focus" and there is no suitable sea outlet.


fourth, the Austro-Hungarian Empire has poor economic development and is a semi-agricultural country with a low degree of industrialization and no motive force for external expansion.