Austria (AUT) and United Kingdom (GBR) Trade | The Observatory of Economic Complexity

About

Austria-United Kingdom In 2022, Austria exported $5.38B to United Kingdom. The main products that Austria exported to United Kingdom are Gold ($632M), Cars ($516M), and Motor vehicles; parts and accessories (8701 to 8705) ($135M). During the last 27 years the exports of Austria to United Kingdom have increased at an annualized rate of 4.29%, from $1.73B in 1995 to $5.38B in 2022.

In 2020, Austria exported services to United Kingdom worth $3.07B, with Transportation ($1.13B), Other business services ($760M), and Travel ($388M) being the largest in terms of value.

United Kingdom-Austria In 2022, United Kingdom exported $4.02B to Austria. The main products that United Kingdom exported to Austria were Gold ($2.08B), Cars ($173M), and Crude Petroleum ($135M). During the last 27 years the exports of United Kingdom to Austria have increased at an annualized rate of 3.09%, from $1.77B in 1995 to $4.02B in 2022.

In 2019, United Kingdom exported services to Austria worth $1.32B, with Other business services ($388M), Transportation ($286M), and Travel ($267M) 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, United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.38), and 14 in total exports ($469B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Austria exported $5.38B to United Kingdom. The main products exported from Austria to United Kingdom were Gold ($632M), Cars ($516M), and Motor vehicles; parts and accessories (8701 to 8705) ($135M). During the last 27 years the exports of Austria to United Kingdom have increased at an annualized rate of 4.29%, from $1.73B in 1995 to $5.38B in 2022.

In 2022, United Kingdom exported $4.02B to Austria. The main products exported from United Kingdom to Austria were Gold ($2.08B), Cars ($173M), and Crude Petroleum ($135M). During the last 27 years the exports of United Kingdom to Austria have increased at an annualized rate of 3.09%, from $1.77B in 1995 to $4.02B in 2022.

Exports from Austria () to United Kingdom () (2022)

Exports from United Kingdom () to Austria () (2022)

Latest Data

Trade between Austria () and United Kingdom ()

Austria Exports

Date

United Kingdom Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Austria
Top DestinationGermany$57.7B

United Kingdom
Top DestinationUnited States$61.8B

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

In 2021, countries that imported more from Austria than United Kingdom were Germany ($57.7B), Hungary ($10.4B), and Slovakia ($7.4B).

In 2021, countries that imported more from United Kingdom than Austria were United States ($61.8B), Netherlands ($41.9B), and Ireland ($32.6B).

Difference in imports from United Kingdom () and Austria () (2022)

Comparative Advantage Austria - United Kingdom

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Austria had a large net trade with United Kingdom in the exports of Machines ($1.36B), Transportation ($1.16B), and Precious Metals ($662M).

During 2022, United Kingdom had a large net trade with Austria in the exports of Precious Metals ($2.13B), Machines ($486M), and Transportation ($310M).

Service Trade

Bilateral Service Trade

Gbr Year

Aut Year

In 2020, Austria exported services to United Kingdom worth $3.07B, with Transportation ($1.13B), Other business services ($760M), and Travel ($388M) being the largest in terms of value.

In 2019, United Kingdom exported services to Austria worth $1.32B, with Other business services ($388M), Transportation ($286M), and Travel ($267M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Austria () to United Kingdom () (2020)

Services Exports from United Kingdom () to Austria () (2019)

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Austria () to United Kingdom () (2022)

Exports from United Kingdom () to Austria () (2022)

Latest Data

Trade between Austria () and United Kingdom ()

Austria Exports

United Kingdom Exports

Market Competitiveness

Difference in imports from United Kingdom () and Austria () (2022)

Comparative Advantage Austria - United Kingdom

Service Trade

Bilateral Service Trade

Services Exports from Austria () to United Kingdom () (2020)

Services Exports from United Kingdom () to Austria () (2019)

Economic Complexity

Competitive Landscape

Product Space of Austria () and United Kingdom () (2022)

Keep Exploring