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Pricing

2022
Flag → Flag
Exports $160MRnk 103 / 219
2022
Flag → Flag
Top Product $49.3MInsulated Wire
2022
Flag → Flag
Exports $609MRnk 39 / 217
2022
Flag → Flag
Top Product $62.8MCars
2022
Flag
Economic Complexity (ECI) ECI 0.24Rnk 53 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.5Rnk 8 / 133
2022
Flag  
GDP$508BCURRENT US$
Rnk 28 / 186
2012-2022
Flag
GDP GROWTH32%CURRENT US$
Rnk 93 / 186
2022
Flag
 GDP$471BCURRENT US$
Rnk 32 / 186
2012-2022
Flag
GDP GROWTH15.1%CURRENT US$
Rnk 137 / 186
2022
Flag
GDP PC $53,758CURRENT US$
Rnk 16 / 186
2012-2022
Flag
GDP PC GROWTH21.1%CURRENT US$
Rnk 81 / 186
2022
Flag
GDP PC$52,131CURRENT US$
Rnk 17 / 186
2012-2022
Flag
GDP PC GROWTH7.34%CURRENT US$
Rnk 124 / 186

About

United Arab Emirates-Austria Trade: In 2022, United Arab Emirates exported $160M to Austria. The main products that United Arab Emirates exported to Austria were Insulated Wire ($49.3M), Refined Petroleum ($32.9M), and Raw Aluminium ($22.3M). Over the past 5 years the exports of United Arab Emirates to Austria have increased at an annualized rate of 2.78%, from $140M in 2017 to $160M in 2022.

In 2022, United Arab Emirates did not export any services to Austria.

Austria-United Arab Emirates Trade: In 2022, Austria exported $609M to United Arab Emirates. The main products that Austria exported to United Arab Emirates were Cars ($62.8M), Telephones ($50.7M), and Broadcasting Equipment ($42.1M). Over the past 5 years the exports of Austria to United Arab Emirates have decreased at an annualized rate of 9.59%,  from $1.01B in 2017 to $609M in 2022.

In 2022, Austria did not export any services to United Arab Emirates.

Comparison: In 2022,  United Arab Emirates ranked 53 in the Economic Complexity Index (ECI 0.24), and 18 in total exports ($402B). That same year, Austria ranked 8 in the Economic Complexity Index (ECI 1.5), and 32 in total exports ($209B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United Arab Emirates exported $160M to Austria. The main products exported from United Arab Emirates to Austria were Insulated Wire ($49.3M), Refined Petroleum ($32.9M), and Raw Aluminium ($22.3M). During the last 5 years the exports of United Arab Emirates to Austria have increased at an annualized rate of 2.78%, from $140M in 2017 to $160M in 2022.

In 2017, Austria exported $609M to United Arab Emirates. The main products exported from Austria to United Arab Emirates were Cars ($62.8M), Telephones ($50.7M), and Broadcasting Equipment ($42.1M). During the last 5 years the exports of Austria to United Arab Emirates have decreased at an annualized rate of 9.59%, from $1.01B in 2022 to $609M in 2017.

Exports from United Arab Emirates (Flag) to Austria (Flag) (2022)

Exports from Austria (Flag) to United Arab Emirates (Flag) (2022)

Latest Data

Trade between United Arab Emirates (Flag) and Austria (Flag)

United Arab Emirates Exports

Austria Exports

Market Competitiveness

Color
United Arab Emirates
Top DestinationIndia$51B
Austria
Top DestinationGermany$57.7B

This map shows whether countries import more from United Arab Emirates or Austria. Each country is colored based on the difference in imports they receive from United Arab Emirates and Austria or the difference in the growth in imports.

In 2022, countries that imported more from United Arab Emirates than Austria included India ($51B), Japan ($40.9B), and Saudi Arabia ($27.8B).

In 2022, countries that imported more from Austria than United Arab Emirates included Germany ($57.7B), Italy ($13.6B), and Hungary ($10.4B).

Difference in imports from Austria (Flag) and United Arab Emirates (Flag) (2022)

Comparative Advantage United Arab Emirates - Austria

Flow
Scale

This chart compares trade between United Arab Emirates and Austria by product, considering products traded by both, United Arab Emirates and Austria.

During 2022, United Arab Emirates had a large net trade with Austria in the exports of Machines ($68M), Mineral Products ($32.9M), and Metals ($32.2M).

During 2017, Austria had a large net trade with United Arab Emirates in the exports of Machines ($257M), Transportation ($92.3M), and Chemical Products ($49.9M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Arab Emirates Austria+$55.5MRefined Petroleum
Top Product Potential Austria United Arab Emirates+$70.8MCars

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of United Arab Emirates and Austria. This means that a dot/product with the flag of United Arab Emirates indicates it has a comparative advantage over Austria. Similarly, a dot/product with the flag of Austria indicates it has a comparative advantage over United Arab Emirates.

Product Space of United Arab Emirates (Flag) and Austria (Flag) (2022)

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