2023
Flag  
GDP
$512BCURRENT US$
Rnk 29 / 195
2013-2023
Flag
GDP GROWTH
20%CURRENT US$
Rnk 141 / 195
2023
Flag
 GDP
$1.15TCURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP GROWTH
30.6%CURRENT US$
Rnk 114 / 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
$64,572CURRENT US$
Rnk 17 / 196
2013-2023
Flag
GDP PC GROWTH
22.8%CURRENT US$
Rnk 96 / 195

About

Austria-Netherlands Trade: In 2023, Austria exported $4.27B to Netherlands. The main products that Austria exported to Netherlands were Vaccines, blood, antisera, toxins and cultures ($189M), Packaged Medicaments ($178M), and Flavored Water ($161M). Over the past 5 years the exports of Austria to Netherlands have increased at an annualized rate of 4.52%, from $3.43B in 2018 to $4.27B in 2023.

In 2020, Austria exported services to Netherlands worth $2.77B, with Travel ($1.14B), Other business services ($552M), and Transportation ($540M) being the largest in terms of value.

Netherlands-Austria Trade: In 2023, Netherlands exported $6.14B to Austria. The main products that Netherlands exported to Austria were Packaged Medicaments ($343M), Raw Aluminium ($264M), and Tractors ($225M). Over the past 5 years the exports of Netherlands to Austria have increased at an annualized rate of 3.11%,  from $5.27B in 2018 to $6.14B in 2023.

In 2020, Netherlands exported services to Austria worth $1.55B, with Other business services ($502M), Transportation ($483M), and Royalties and license fees ($265M) being the largest in terms of value.

Comparison: In 2023,  Austria ranked 8 in the Economic Complexity Index (ECI 1.56), and 31 in total exports ($204B). That same year, Netherlands ranked 26 in the Economic Complexity Index (ECI 1.08), and 9 in total exports ($599B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Austria exported $4.27B to Netherlands. The main products exported from Austria to Netherlands were Vaccines, blood, antisera, toxins and cultures ($189M), Packaged Medicaments ($178M), and Flavored Water ($161M). During the last 5 years the exports of Austria to Netherlands have increased at an annualized rate of 4.52%, from $3.43B in 2018 to $4.27B in 2023.

In 2018, Netherlands exported $6.14B to Austria. The main products exported from Netherlands to Austria were Packaged Medicaments ($343M), Raw Aluminium ($264M), and Tractors ($225M). During the last 5 years the exports of Netherlands to Austria have increased at an annualized rate of 3.11%, from $5.27B in 2023 to $6.14B in 2018.

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

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

Latest Data

Trade between Austria (Flag) and Netherlands (Flag)

Austria Exports

Netherlands Exports

Market Competitiveness

Color
Austria
Top Destination
Germany$51B
Netherlands
Top Destination
Germany$96.9B

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

In 2023, countries that imported more from Austria than Netherlands included Switzerland ($10.9B), Slovenia ($3.61B), and Hungary ($8.42B).

In 2023, countries that imported more from Netherlands than Austria included Belgium ($87B), France ($67.3B), and Germany ($96.9B).

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

Comparative Advantage Austria - Netherlands

Flow
Scale

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

During 2023, Austria had a large net trade with Netherlands in the exports of Machines ($944M), Chemical Products ($606M), and Foodstuffs ($508M).

During 2018, Netherlands had a large net trade with Austria in the exports of Chemical Products ($1.17B), Machines ($1.02B), and Metals ($724M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Austria Netherlands+$91.6MPackaged Medicaments
Top Product Potential Netherlands Austria+$78.2MVaccines, blood, antisera, toxins and cultures

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Bilateral Service Trade

In 2020, Austria exported services to Netherlands worth $2.77B, with Travel ($1.14B), Other business services ($552M), and Transportation ($540M) being the largest in terms of value.

In 2020, Netherlands exported services to Austria worth $1.55B, with Other business services ($502M), Transportation ($483M), and Royalties and license fees ($265M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with