Why didn't Austria-Hungary have any overseas colonies? (Short Animated Documentary)

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Why didn't the Austro-Hungarian Empire have a colonial empire like say Germany or Britain? Was there any interest in one? Where did they have their eye on?

Sources:
The Battle over Information and Transportation: Extra-European Conflicts between the Hungarian State and the Austro-Hungarian Foreign Ministry by James Callaway,

Colonial Austria: Austria and the Overseas (2012) by Walter Sauer,

Habsburg Colonial: Austria-Hungary’s Role in European Overseas Expansion Reconsidered by Walter Sauer.

Colonialism through Emigration: Publications and Activities of the ÖsterreichischUngarische Kolonialgesellschaft (1894–1918) by Simon Loidl.

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• #history
• #matters
• #animated
• #documentary
• #short
• #austria
• #hungary
• #austro_hungarian
• #empire
• #franz_joseph
• #colonies
• #colonial
• #scramble
• #africa
• #great_power