Austria / Romania

Austria-Romania Trade: In 2022, Austria exported $4.21B to Romania. The main products that Austria exported to Romania were Cars ($308M), Motor vehicles; parts and accessories (8701 to 8705) ($169M), and Packaged Medicaments ($160M). Over the past 5 years the exports of Austria to Romania have increased at an annualized rate of 9.76%, from $2.64B in 2017 to $4.21B in 2022.

In 2020, Austria exported services to Romania worth $931M, with Transportation ($198M), Other business services ($188M), and Travel ($183M) being the largest in terms of value.

Romania-Austria Trade: In 2022, Romania exported $2.29B to Austria. The main products that Romania exported to Austria were Insulated Wire ($303M), Air Pumps ($126M), and Rubber Footwear ($98.3M). Over the past 5 years the exports of Romania to Austria have increased at an annualized rate of 6.95%,  from $1.64B in 2017 to $2.29B in 2022.

In 2020, Romania exported services to Austria worth $1.34B, with Transportation ($863M), Other business services ($239M), and Computer and information services ($110M) 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, Romania ranked 26 in the Economic Complexity Index (ECI 1.03), and 43 in total exports ($99.5B).