Flag Austria / Czechia Flag

2020
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Exports
: $5.45B, Rnk 8 / 213

2020
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Top Product
: $280M, Cars

2020
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Exports
: $7.71B, Rnk 5 / 205

2020
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Top Product
: $615M, Cars

2020
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Economic Complexity (ECI)
: ECI 1.52, Rnk 10 / 127

2020
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Economic Complexity (ECI)
: ECI 1.57, Rnk 8 / 127

2020
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GDP
: $433B, CURRENT US$
Rnk 25 / 195

2010-2020
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GDP GROWTH
: 10.6%, CURRENT US$
Rnk 138 / 195

2020
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 GDP
: $245B, CURRENT US$
Rnk 46 / 195

2010-2020
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GDP GROWTH
: 17.3%, CURRENT US$
Rnk 124 / 195

2020
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GDP PC 
: $48,587, CURRENT US$
Rnk 17 / 195

2010-2020
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GDP PC GROWTH
: 3.69%, CURRENT US$
Rnk 123 / 195

2020
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GDP PC
: $22,931, CURRENT US$
Rnk 42 / 195

2010-2020
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GDP PC GROWTH
: 14.9%, CURRENT US$
Rnk 96 / 195

Austria-Czechia In 2020, Austria exported $5.45B to Czechia. The main products that Austria exported to Czechia are Cars ($280M), Blank Audio Media ($226M), and Motor vehicles; parts and accessories (8701 to 8705) ($153M). During the last 25 years the exports of Austria to Czechia have increased at an annualized rate of 4.86%, from $1.66B in 1995 to $5.45B in 2020.

In 2020, Austria exported services to Czechia worth $1.59B, with Transportation ($492M), Other business services ($381M), and Travel ($348M) being the largest in terms of value.

Czechia-Austria In 2020, Czechia exported $7.71B to Austria. The main products that Czechia exported to Austria were Cars ($615M), Rough Wood ($337M), and Broadcasting Equipment ($330M). During the last 25 years the exports of Czechia to Austria have increased at an annualized rate of 6.9%, from $1.46B in 1995 to $7.71B in 2020.

In 2019, Czechia exported services to Austria worth $621M, with Transportation ($205M), Other business services ($182M), and Travel ($138M) being the largest in terms of value.

Comparison In 2020,  Austria ranked 10 in the Economic Complexity Index (ECI 1.52), and 31 in total exports ($160B). That same year, Czechia ranked 8 in the Economic Complexity Index (ECI 1.57), and 27 in total exports ($190B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2020, Austria exported $5.45B to Czechia. The main products exported from Austria to Czechia were Cars ($280M), Blank Audio Media ($226M), and Motor vehicles; parts and accessories (8701 to 8705) ($153M). During the last 25 years the exports of Austria to Czechia have increased at an annualized rate of 4.86%, from $1.66B in 1995 to $5.45B in 2020.

In 2020, Czechia exported $7.71B to Austria. The main products exported from Czechia to Austria were Cars ($615M), Rough Wood ($337M), and Broadcasting Equipment ($330M). During the last 25 years the exports of Czechia to Austria have increased at an annualized rate of 6.9%, from $1.46B in 1995 to $7.71B in 2020.

Austria Exports

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Czechia Exports

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Market Competitiveness

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Measure

Austria
Top Destination
: Germany, $46.6B

Czechia
Top Destination
: Germany, $60.6B

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

In 2019, countries that imported more from Austria than Czechia were United States ($10.6B), Switzerland ($8.82B), and Italy ($9.75B).

In 2019, countries that imported more from Czechia than Austria were Germany ($60.6B), Slovakia ($14.2B), and Poland ($11.7B).

Comparative Advantage Austria - Czechia

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Flow

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

During 2020, Austria had a large net trade with Czechia in the exports of Machines ($1.4B), Metals ($816M), and Transportation ($726M).

During 2020, Czechia had a large net trade with Austria in the exports of Machines ($2.41B), Transportation ($1B), and Metals ($821M).

Bilateral Service Trade

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In 2020, Austria exported services to Czechia worth $1.59B, with Transportation ($492M), Other business services ($381M), and Travel ($348M) being the largest in terms of value.

In 2019, Czechia exported services to Austria worth $621M, with Transportation ($205M), Other business services ($182M), and Travel ($138M) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

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Competitive Landscape

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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 Czechia. Similarly, the more yellow a dot/product is, the more Czechia has comparative advantage over Austria.