2022
Flag  
GDP
$471BCURRENT US$
Rnk 32 / 186
2012-2022
Flag
GDP GROWTH
15.1%CURRENT US$
Rnk 137 / 186
2022
Flag
 GDP
$2.14TCURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP GROWTH
17%CURRENT US$
Rnk 129 / 186
2022
Flag
GDP PC 
$52,131CURRENT US$
Rnk 17 / 186
2012-2022
Flag
GDP PC GROWTH
7.34%CURRENT US$
Rnk 124 / 186
2022
Flag
GDP PC
$54,966CURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP PC GROWTH
4.36%CURRENT US$
Rnk 130 / 186

About

Austria-Canada In 2022, Austria exported $1.93B to Canada. The main products that Austria exported to Canada are Spark-Ignition Engines ($172M), Iron Pipes ($162M), and Vaccines, blood, antisera, toxins and cultures ($96.5M). During the last 27 years the exports of Austria to Canada have increased at an annualized rate of 6.22%, from $378M in 1995 to $1.93B in 2022.

In 2020, Austria exported services to Canada worth $190M, with Other business services ($86.8M), Computer and information services ($42.3M), and Transportation ($22.8M) being the largest in terms of value.

Canada-Austria In 2022, Canada exported $213M to Austria. The main products that Canada exported to Austria were Planes, Helicopters, and/or Spacecraft ($82.6M), Surveying Equipment ($9.63M), and Aircraft Parts ($9.63M). During the last 27 years the exports of Canada to Austria have decreased at an annualized rate of 1.29%, from $303M in 1995 to $213M in 2022.

In 2020, Canada exported services to Austria worth $128M, with Royalties and license fees ($64.1M), Transportation ($30.6M), and Computer and information services ($17.1M) being the largest in terms of value.

Comparison In 2022,  Austria ranked 8 in the Economic Complexity Index (ECI 1.48), and 32 in total exports ($209B). That same year, Canada ranked 31 in the Economic Complexity Index (ECI 0.85), and 9 in total exports ($587B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Austria exported $1.93B to Canada. The main products exported from Austria to Canada were Spark-Ignition Engines ($172M), Iron Pipes ($162M), and Vaccines, blood, antisera, toxins and cultures ($96.5M). During the last 23 years the exports of Austria to Canada have increased at an annualized rate of 0.7%, from $42.4M in 1999 to $1.93B in 2022.

In 2022, Canada exported $213M to Austria. The main products exported from Canada to Austria were Planes, Helicopters, and/or Spacecraft ($82.6M), Surveying Equipment ($9.63M), and Aircraft Parts ($9.63M). During the last 23 years the exports of Canada to Austria have decreased at an annualized rate of 3.06%, from $40.1M in 1999 to $213M in 2022.

Exports from Austria (Flag) to Canada (Flag) (2022)

Exports from Canada (Flag) to Austria (Flag) (2022)

Latest Data

Trade between Austria (Flag) and Canada (Flag)

Austria Exports

Canada Exports

Market Competitiveness

Color
Austria
Top Destination
Germany$57.7B
Canada
Top Destination
United States$438B

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

In 2021, countries that imported more from Austria than Canada were Germany ($57.7B), Italy ($13.6B), and Hungary ($10.4B).

In 2021, countries that imported more from Canada than Austria were United States ($438B), China ($25.4B), and Japan ($14.3B).

Difference in imports from Canada (Flag) and Austria (Flag) (2022)

Comparative Advantage Austria - Canada

Flow
Scale

This chart compares trade between Austria and Canada by product, considering products traded by both, Austria and Canada.

During 2022, Austria had a large net trade with Canada in the exports of Machines ($748M), Metals ($370M), and Transportation ($247M).

During 2022, Canada had a large net trade with Austria in the exports of Transportation ($102M), Machines ($40M), and Instruments ($26.1M).

Service Trade

Bilateral Service Trade

In 2020, Austria exported services to Canada worth $190M, with Other business services ($86.8M), Computer and information services ($42.3M), and Transportation ($22.8M) being the largest in terms of value.

In 2020, Canada exported services to Austria worth $128M, with Royalties and license fees ($64.1M), Transportation ($30.6M), and Computer and information services ($17.1M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Austria (Flag) to Canada (Flag) (2020)

Services Exports from Canada (Flag) to Austria (Flag) (2020)

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Austria has comparative advantage over Canada. Similarly, the more yellow a dot/product is, the more Canada has comparative advantage over Austria.

Product Space of Austria (Flag) and Canada (Flag) (2022)

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