Austria (AUT) and Ukraine (UKR) Trade | The Observatory of Economic Complexity

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Austria-Ukraine Trade: In 2023, Austria exported $580M to Ukraine. The main products that Austria exported to Ukraine were Packaged Medicaments ($39.9M), Delivery Trucks ($23M), and Metal Mountings ($18.8M). Over the past 5 years the exports of Austria to Ukraine have decreased at an annualized rate of 1.67%, from $631M in 2018 to $580M in 2023.

In 2011, Austria exported services to Ukraine worth $40.4M, with Construction services ($16.7M), Insurance services ($13.9M), and Communications services ($5.57M) being the largest in terms of value.

Ukraine-Austria Trade: In 2023, Ukraine exported $654M to Austria. The main products that Ukraine exported to Austria were Iron Ore ($232M), Sports Equipment ($52.5M), and Corn ($52M). Over the past 5 years the exports of Ukraine to Austria have increased at an annualized rate of 0.76%, from $611M in 2018 to $654M in 2023.

In 2023, Ukraine 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, Ukraine ranked 47 in the Economic Complexity Index (ECI 0.39), and 64 in total exports ($40.3B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Austria exported $580M to Ukraine. The main products exported from Austria to Ukraine were Packaged Medicaments ($39.9M), Delivery Trucks ($23M), and Metal Mountings ($18.8M). During the last 5 years the exports of Austria to Ukraine have decreased at an annualized rate of 1.67%, from $631M in 2018 to $580M in 2023.

In 2018, Ukraine exported $654M to Austria. The main products exported from Ukraine to Austria were Iron Ore ($232M), Sports Equipment ($52.5M), and Corn ($52M). During the last 5 years the exports of Ukraine to Austria have increased at an annualized rate of 0.76%, from $611M in 2023 to $654M in 2018.

Exports from Austria () to Ukraine () (2023)

Exports from Ukraine () to Austria () (2023)

Latest Data

Trade between Austria () and Ukraine ()

Austria Exports

Date

Ukraine Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Austria
Top DestinationGermany$51B

Ukraine
Top DestinationPoland$4.83B

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

In 2023, countries that imported more from Austria than Ukraine included Germany ($51B), United States ($18.1B), and Italy ($13.5B).

In 2023, countries that imported more from Ukraine than Austria included Moldova ($1.13B), Turkey ($2.88B), and Egypt ($1.15B).

Difference in imports from Ukraine () and Austria () (2023)

Comparative Advantage Austria - Ukraine

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Austria had a large net trade with Ukraine in the exports of Chemical Products ($119M), Machines ($103M), and Metals ($70.8M).

During 2018, Ukraine had a large net trade with Austria in the exports of Mineral Products ($241M), Vegetable Products ($95.9M), and Miscellaneous ($94.3M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Austria Ukraine+$25.1MPackaged Medicaments

Top Product Potential Ukraine Austria+$18MInsulated Wire

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Austria () to Ukraine () (2023)

Exports from Ukraine () to Austria () (2023)

Latest Data

Trade between Austria () and Ukraine ()

Austria Exports

Ukraine Exports

Market Competitiveness

Difference in imports from Ukraine () and Austria () (2023)

Comparative Advantage Austria - Ukraine

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Austria () and Ukraine () (2023)

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