Austria / South Korea

Austria-South Korea Trade: In 2022, Austria exported $1.79B to South Korea. The main products that Austria exported to South Korea were Cars ($562M), Machinery Having Individual Functions ($120M), and Pig Meat ($109M). Over the past 5 years the exports of Austria to South Korea have increased at an annualized rate of 3.46%, from $1.51B in 2017 to $1.79B in 2022.

In 2020, Austria exported services to South Korea worth $164M, with Other business services ($89.1M), Transportation ($30.8M), and Travel ($14.8M) being the largest in terms of value.

South Korea-Austria Trade: In 2022, South Korea exported $1.53B to Austria. The main products that South Korea exported to Austria were Broadcasting Equipment ($509M), Cars ($148M), and Blank Audio Media ($139M). Over the past 5 years the exports of South Korea to Austria have increased at an annualized rate of 8.46%,  from $1.02B in 2017 to $1.53B in 2022.

In 2022, South Korea did not export any services to Austria.

Comparison: In 2022,  Austria ranked 8 in the Economic Complexity Index (ECI 1.5), and 32 in total exports ($209B). That same year, South Korea ranked 4 in the Economic Complexity Index (ECI 1.78), and 5 in total exports ($705B).