Austria (AUT) and Republic of the Congo (COG) Trade | The Observatory of Economic Complexity

2022

→

Exports $2.47MRnk 161 / 217

2022

→

About

Austria-Republic of the Congo Trade: In 2022, Austria exported $2.47M to Republic of the Congo. The main products that Austria exported to Republic of the Congo were Glass Bottles ($980k), Flavored Water ($419k), and Chemical Analysis Instruments ($167k). Over the past 5 years the exports of Austria to Republic of the Congo have increased at an annualized rate of 4.97%, from $1.94M in 2017 to $2.47M in 2022.

In 2022, Austria did not export any services to Republic of the Congo.

Republic of the Congo-Austria Trade: In 2022, Republic of the Congo exported $21.8k to Austria. The main products that Republic of the Congo exported to Austria were Excavation Machinery ($21k), Wood Ornaments ($537), and Paper Containers ($168). Over the past 5 years the exports of Republic of the Congo to Austria have decreased at an annualized rate of 43.9%, from $392k in 2017 to $21.8k in 2022.

In 2022, Republic of the Congo did not export any services to Austria.

Comparison: In 2022, Austria ranked 8 in the Economic Complexity Index (ECI 1.5), and 32 in total exports ($209B). That same year, Republic of the Congo ranked 124 in the Economic Complexity Index (ECI -1.42), and 96 in total exports ($12.4B).

Historical Data

Latest Data

Trade between Austria () and Republic of the Congo ()

Austria Exports

Date

Republic of the Congo Exports

Date

Jun 2019

Oct 2018

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Austria
Top DestinationGermany$57.7B

Republic of the Congo
Top DestinationChina$4.82B

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

In 2022, countries that imported more from Austria than Republic of the Congo included Germany ($57.7B), United States ($14.4B), and Italy ($13.6B).

In 2022, countries that imported more from Republic of the Congo than Austria included United Arab Emirates ($1.87B), India ($2.44B), and Vietnam ($537M).

Difference in imports from Republic of the Congo () and Austria () (2022)

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Austria Republic of the Congo+$246kFlavored Water

Top Product Potential Republic of the Congo Austria+$45.2kExcavation Machinery

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.

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

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

About

Historical Data

Latest Data

Trade between Austria () and Republic of the Congo ()

Austria Exports

Republic of the Congo Exports

Market Competitiveness

Difference in imports from Republic of the Congo () and Austria () (2022)

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of Austria () and Republic of the Congo () (NaN)

Keep Exploring