2022
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GDP
$471BCURRENT US$
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2012-2022
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GDP GROWTH
15.1%CURRENT US$
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2022
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 GDP
$301BCURRENT US$
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2012-2022
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GDP GROWTH
68.2%CURRENT US$
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2022
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GDP PC 
$52,131CURRENT US$
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2012-2022
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GDP PC GROWTH
7.34%CURRENT US$
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2022
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GDP PC
$15,892CURRENT US$
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2012-2022
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GDP PC GROWTH
77.9%CURRENT US$
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About

Austria-Romania In 2022, Austria exported $4.21B to Romania. The main products that Austria exported to Romania are Cars ($308M), Motor vehicles; parts and accessories (8701 to 8705) ($169M), and Packaged Medicaments ($160M). During the last 27 years the exports of Austria to Romania have increased at an annualized rate of 10.4%, from $291M in 1995 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 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). During the last 27 years the exports of Romania to Austria have increased at an annualized rate of 10.1%, from $172M in 1995 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 1.48), and 32 in total exports ($209B). That same year, Romania ranked 22 in the Economic Complexity Index (ECI 1.05), and 43 in total exports ($99.5B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Austria exported $4.21B to Romania. The main products exported from Austria to Romania were Cars ($308M), Motor vehicles; parts and accessories (8701 to 8705) ($169M), and Packaged Medicaments ($160M). During the last 27 years the exports of Austria to Romania have increased at an annualized rate of 10.4%, from $291M in 1995 to $4.21B in 2022.

In 2022, Romania exported $2.29B to Austria. The main products exported from Romania to Austria were Insulated Wire ($303M), Air Pumps ($126M), and Rubber Footwear ($98.3M). During the last 27 years the exports of Romania to Austria have increased at an annualized rate of 10.1%, from $172M in 1995 to $2.29B in 2022.

Exports from Austria (Flag) to Romania (Flag) (2022)

Exports from Romania (Flag) to Austria (Flag) (2022)

Latest Data

Trade between Austria (Flag) and Romania (Flag)

Austria Exports

Romania Exports

Market Competitiveness

Color
Austria
Top Destination
Germany$57.7B
Romania
Top Destination
Germany$18.8B

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

In 2021, countries that imported more from Austria than Romania were Germany ($57.7B), United States ($14.4B), and Switzerland ($11.2B).

In 2021, countries that imported more from Romania than Austria were Bulgaria ($3.9B), Moldova ($2.14B), and Turkey ($3.16B).

Difference in imports from Romania (Flag) and Austria (Flag) (2022)

Comparative Advantage Austria - Romania

Flow
Scale

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

During 2022, Austria had a large net trade with Romania in the exports of Machines ($1.28B), Transportation ($654M), and Metals ($519M).

During 2022, Romania had a large net trade with Austria in the exports of Machines ($931M), Metals ($275M), and Transportation ($214M).

Service Trade

Bilateral Service Trade

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.

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.

Service trade data is presented based on availability.

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

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

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Austria has comparative advantage over Romania. Similarly, the more yellow a dot/product is, the more Romania has comparative advantage over Austria.

Product Space of Austria (Flag) and Romania (Flag) (2022)

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