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2020
Flag → Flag
Exports $191kRnk 22 / 0
2020
Flag → Flag
Exports $16.5kRnk 69 / 86
2020
Flag → Flag
Top Product $15kCoated Metal Soldering Products
2022
Flag
Economic Complexity (ECI) ECI 1.5Rnk 8 / 133
2022
Flag  
GDP$471BCURRENT US$
Rnk 32 / 186
2012-2022
Flag
GDP GROWTH15.1%CURRENT US$
Rnk 137 / 186
2022
Flag
GDP PC $52,131CURRENT US$
Rnk 17 / 186
2012-2022
Flag
GDP PC GROWTH7.34%CURRENT US$
Rnk 124 / 186

About

Austria-North Korea Trade: In 2020, Austria exported $191k to North Korea. The main products that Austria exported to North Korea were N/A. Over the past 5 years the exports of Austria to North Korea have increased at an annualized rate of 4.06%, from $157k in 2015 to $191k in 2020.

In 2020, Austria did not export any services to North Korea.

North Korea-Austria Trade: In 2020, North Korea exported $16.5k to Austria. The main products that North Korea exported to Austria were Coated Metal Soldering Products ($15k) and Video Displays ($1.56k). Over the past 5 years the exports of North Korea to Austria have decreased at an annualized rate of 44.7%,  from $1.04M in 2015 to $16.5k in 2020.

In 2020, North 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, North Korea ranked 182 in total exports ($248M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2020, Austria exported $191k to North Korea. There were not main exports from Austria to North Korea in 2020. During the last 5 years the exports of Austria to North Korea have increased at an annualized rate of 4.06%, from $157k in 2015 to $191k in 2020.

In 2017, North Korea exported $16.5k to Austria. The main products exported from North Korea to Austria were Coated Metal Soldering Products ($15k) and Video Displays ($1.56k). During the last 5 years the exports of North Korea to Austria have decreased at an annualized rate of 44.7%, from $1.04M in 2022 to $16.5k in 2017.

Exports from Austria (Flag) to North Korea (Flag) (2022)

Exports from North Korea (Flag) to Austria (Flag) (2022)

Latest Data

Trade between Austria (Flag) and North Korea (Flag)

Austria Exports

Market Competitiveness

Color
Austria
Top DestinationGermany$57.7B
North Korea
Top DestinationChina$131M

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

In 2022, countries that imported more from Austria than North Korea included Germany ($57.7B), United States ($14.4B), and Italy ($13.6B).

In 2022, countries that imported more from North Korea than Austria included Suriname ($4.51M) and Togo ($3.52M).

Difference in imports from North Korea (Flag) and Austria (Flag) (2022)

Comparative Advantage Austria - North Korea

Flow
Scale

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

During 2020, Austria had a large net trade with North Korea in the exports of .

During 2017, North Korea had a large net trade with Austria in the exports of Metals ($15k) and Machines ($1.56k).

Economic Complexity

Competitive Landscape

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

Product Space of Austria (Flag) and North Korea (Flag) (2022)

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