Austria / Israel

Austria-Israel Trade: In 2022, Austria exported $703M to Israel. The main products that Austria exported to Israel were Packaged Medicaments ($117M), Vaccines, blood, antisera, toxins and cultures ($55.1M), and Rubberworking Machinery ($33.2M). Over the past 5 years the exports of Austria to Israel have increased at an annualized rate of 5.69%, from $533M in 2017 to $703M in 2022.

In 2011, Austria exported services to Israel worth $260M, with Services not allocated ($168M), Transportation ($44.5M), and Communications services ($41.8M) being the largest in terms of value.

Israel-Austria Trade: In 2022, Israel exported $186M to Austria. The main products that Israel exported to Austria were Vaccines, blood, antisera, toxins and cultures ($47.2M), Nitrogen Heterocyclic Compounds ($9.7M), and Sulfonamides ($9.18M). Over the past 5 years the exports of Israel to Austria have increased at an annualized rate of 1.58%,  from $172M in 2017 to $186M in 2022.

In 2012, Israel exported services to Austria worth $10.7M, with Computer and information services ($10.7M) 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, Israel ranked 20 in the Economic Complexity Index (ECI 1.23), and 49 in total exports ($76.9B).