2022
Flag  
GDP
$471BCURRENT US$
Rnk 32 / 186
2012-2022
Flag
GDP GROWTH
15.1%CURRENT US$
Rnk 137 / 186
2022
Flag
 GDP
$38.1BCURRENT US$
Rnk 99 / 186
2012-2022
Flag
GDP GROWTH
65.5%CURRENT US$
Rnk 34 / 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
$28,333CURRENT US$
Rnk 41 / 186
2012-2022
Flag
GDP PC GROWTH
62.8%CURRENT US$
Rnk 23 / 186

About

Austria-Estonia In 2022, Austria exported $217M to Estonia. The main products that Austria exported to Estonia are Packaged Medicaments ($23.6M), Vaccines, blood, antisera, toxins and cultures ($9.73M), and Flavored Water ($8.79M). During the last 27 years the exports of Austria to Estonia have increased at an annualized rate of 9.46%, from $18.9M in 1995 to $217M in 2022.

In 2020, Austria exported services to Estonia worth $53.7M, with Other business services ($21.7M), Travel ($10.3M), and Transportation ($5.71M) being the largest in terms of value.

Estonia-Austria In 2022, Estonia exported $150M to Austria. The main products that Estonia exported to Austria were Plywood ($10.6M), Cranes ($10.3M), and Ferroalloys ($8.54M). During the last 27 years the exports of Estonia to Austria have increased at an annualized rate of 11.7%, from $7.55M in 1995 to $150M in 2022.

In 2020, Estonia exported services to Austria worth $56.8M, with Transportation ($30.4M), Other business services ($15.2M), and Computer and information services ($4.11M) 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, Estonia ranked 74 in total exports ($23.1B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Austria exported $217M to Estonia. The main products exported from Austria to Estonia were Packaged Medicaments ($23.6M), Vaccines, blood, antisera, toxins and cultures ($9.73M), and Flavored Water ($8.79M). During the last 27 years the exports of Austria to Estonia have increased at an annualized rate of 9.46%, from $18.9M in 1995 to $217M in 2022.

In 2022, Estonia exported $150M to Austria. The main products exported from Estonia to Austria were Plywood ($10.6M), Cranes ($10.3M), and Ferroalloys ($8.54M). During the last 27 years the exports of Estonia to Austria have increased at an annualized rate of 11.7%, from $7.55M in 1995 to $150M in 2022.

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

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

Latest Data

Trade between Austria (Flag) and Estonia (Flag)

Austria Exports

Estonia Exports

Market Competitiveness

Color
Austria
Top Destination
Germany$57.7B
Estonia
Top Destination
Finland$3B

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

In 2021, countries that imported more from Austria than Estonia were Germany ($57.7B), Italy ($13.6B), and United States ($14.4B).

In 2021, countries that imported more from Estonia than Austria were Latvia ($2.77B), Finland ($3B), and Lithuania ($1.51B).

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

Comparative Advantage Austria - Estonia

Flow
Scale

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

During 2022, Austria had a large net trade with Estonia in the exports of Machines ($58.6M), Chemical Products ($49.4M), and Metals ($22.9M).

During 2022, Estonia had a large net trade with Austria in the exports of Metals ($39.3M), Machines ($35.6M), and Wood Products ($27M).

Service Trade

Bilateral Service Trade

In 2020, Austria exported services to Estonia worth $53.7M, with Other business services ($21.7M), Travel ($10.3M), and Transportation ($5.71M) being the largest in terms of value.

In 2020, Estonia exported services to Austria worth $56.8M, with Transportation ($30.4M), Other business services ($15.2M), and Computer and information services ($4.11M) being the largest in terms of value.

Service trade data is presented based on availability.

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

Services Exports from Estonia (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 Estonia. Similarly, the more yellow a dot/product is, the more Estonia has comparative advantage over Austria.

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

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