Austria-Germany Trade: In 2022, Austria exported $57.7B to Germany. The main products that Austria exported to Germany were Motor vehicles; parts and accessories (8701 to 8705) ($2.66B), Vaccines, blood, antisera, toxins and cultures ($1.82B), and Electricity ($1.43B). Over the past 5 years the exports of Austria to Germany have increased at an annualized rate of 4.61%, from $46.1B in 2017 to $57.7B in 2022.
In 2020, Austria exported services to Germany worth $24.4B, with Travel ($6.89B), Other business services ($6.71B), and Transportation ($5.18B) being the largest in terms of value.
Germany-Austria Trade: In 2022, Germany exported $86.5B to Austria. The main products that Germany exported to Austria were Refined Petroleum ($5.76B), Cars ($4.53B), and Electricity ($3.96B). Over the past 5 years the exports of Germany to Austria have increased at an annualized rate of 2.46%, from $66.2B in 2017 to $86.5B in 2022.
In 2020, Germany exported services to Austria worth $9.09B, with Other business services ($3.19B), Travel ($1.49B), and Transportation ($1.31B) being the largest in terms of value.
Comparison: In 2022, Austria ranked 8 in the Economic Complexity Index (ECI 1.5), and 32 in total exports ($209B). That same year, Germany ranked 5 in the Economic Complexity Index (ECI 1.78), and 3 in total exports ($1.6T).