2023
Flag  
GDP
$512BCURRENT US$
Rnk 29 / 195
2013-2023
Flag
GDP GROWTH
20%CURRENT US$
Rnk 141 / 195
2023
Flag
 GDP
$400BCURRENT US$
Rnk 37 / 195
2013-2023
Flag
GDP GROWTH
23.6%CURRENT US$
Rnk 130 / 195
2023
Flag
GDP PC 
$56,034CURRENT US$
Rnk 18 / 195
2013-2023
Flag
GDP PC GROWTH
11.4%CURRENT US$
Rnk 131 / 195
2023
Flag
GDP PC
$11,379CURRENT US$
Rnk 85 / 196
2013-2023
Flag
GDP PC GROWTH
6.21%CURRENT US$
Rnk 145 / 195

About

Austria-Malaysia Trade: In 2023, Austria exported $659M to Malaysia. The main products that Austria exported to Malaysia were Semiconductor Devices ($239M), Integrated Circuits ($147M), and Machinery Having Individual Functions ($40.4M). Over the past 5 years the exports of Austria to Malaysia have decreased at an annualized rate of 0.49%, from $675M in 2018 to $659M in 2023.

In 2020, Austria exported services to Malaysia worth $30.8M, with Other business services ($14.8M), Computer and information services ($6.85M), and Transportation ($3.43M) being the largest in terms of value.

Malaysia-Austria Trade: In 2023, Malaysia exported $615M to Austria. The main products that Malaysia exported to Austria were Integrated Circuits ($84.6M), Semiconductor Devices ($83.2M), and Other Domestic Electric Housewares ($32.9M). Over the past 5 years the exports of Malaysia to Austria have increased at an annualized rate of 7.52%,  from $428M in 2018 to $615M in 2023.

In 2023, Malaysia did not export any services to Austria.

Comparison: In 2023,  Austria ranked 8 in the Economic Complexity Index (ECI 1.56), and 31 in total exports ($204B). That same year, Malaysia ranked 27 in the Economic Complexity Index (ECI 1.04), and 19 in total exports ($383B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Austria exported $659M to Malaysia. The main products exported from Austria to Malaysia were Semiconductor Devices ($239M), Integrated Circuits ($147M), and Machinery Having Individual Functions ($40.4M). During the last 5 years the exports of Austria to Malaysia have decreased at an annualized rate of 0.49%, from $675M in 2018 to $659M in 2023.

In 2018, Malaysia exported $615M to Austria. The main products exported from Malaysia to Austria were Integrated Circuits ($84.6M), Semiconductor Devices ($83.2M), and Other Domestic Electric Housewares ($32.9M). During the last 5 years the exports of Malaysia to Austria have increased at an annualized rate of 7.52%, from $428M in 2023 to $615M in 2018.

Exports from Austria (Flag) to Malaysia (Flag) (2023)

Exports from Malaysia (Flag) to Austria (Flag) (2023)

Latest Data

Trade between Austria (Flag) and Malaysia (Flag)

Austria Exports

Malaysia Exports

Market Competitiveness

Color
Austria
Top Destination
Germany$51B
Malaysia
Top Destination
China$79.8B

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

In 2023, countries that imported more from Austria than Malaysia included Germany ($51B), Italy ($13.5B), and Switzerland ($10.9B).

In 2023, countries that imported more from Malaysia than Austria included China ($79.8B), Singapore ($47.3B), and United States ($44.9B).

Difference in imports from Malaysia (Flag) and Austria (Flag) (2023)

Comparative Advantage Austria - Malaysia

Flow
Scale

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

During 2023, Austria had a large net trade with Malaysia in the exports of Machines ($516M), Chemical Products ($33M), and Paper Goods ($23.9M).

During 2018, Malaysia had a large net trade with Austria in the exports of Machines ($416M), Instruments ($58.5M), and Metals ($37.8M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Austria Malaysia+$39.6MIntegrated Circuits
Top Product Potential Malaysia Austria+$49.3MIntegrated Circuits

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Austria and Malaysia. This means that a dot/product with the flag of Austria indicates it has a comparative advantage over Malaysia. Similarly, a dot/product with the flag of Malaysia indicates it has a comparative advantage over Austria.

Product Space of Austria (Flag) and Malaysia (Flag) (2023)

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