Austria (AUT) and Zimbabwe (ZWE) Trade | The Observatory of Economic Complexity

About

Austria-Zimbabwe Trade: In 2022, Austria exported $3.39M to Zimbabwe. The main products that Austria exported to Zimbabwe were Medical Instruments ($433k), Laboratory Reagents ($356k), and Refractory Bricks ($308k). Over the past 5 years the exports of Austria to Zimbabwe have decreased at an annualized rate of 5.46%, from $4.48M in 2017 to $3.39M in 2022.

In 2022, Austria did not export any services to Zimbabwe.

Zimbabwe-Austria Trade: In 2022, Zimbabwe exported $412k to Austria. The main products that Zimbabwe exported to Austria were Ferroalloys ($199k), Collector's Items ($192k), and Integrated Circuits ($5k). Over the past 5 years the exports of Zimbabwe to Austria have decreased at an annualized rate of 9.65%, from $685k in 2017 to $412k in 2022.

In 2022, Zimbabwe 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, Zimbabwe ranked 99 in the Economic Complexity Index (ECI -0.74), and 109 in total exports ($8.41B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Austria exported $3.39M to Zimbabwe. The main products exported from Austria to Zimbabwe were Medical Instruments ($433k), Laboratory Reagents ($356k), and Refractory Bricks ($308k). During the last 5 years the exports of Austria to Zimbabwe have decreased at an annualized rate of 5.46%, from $4.48M in 2017 to $3.39M in 2022.

In 2017, Zimbabwe exported $412k to Austria. The main products exported from Zimbabwe to Austria were Ferroalloys ($199k), Collector's Items ($192k), and Integrated Circuits ($5k). During the last 5 years the exports of Zimbabwe to Austria have decreased at an annualized rate of 9.65%, from $685k in 2022 to $412k in 2017.

Exports from Austria () to Zimbabwe () (2022)

Exports from Zimbabwe () to Austria () (2022)

Latest Data

Trade between Austria () and Zimbabwe ()

Austria Exports

Date

Zimbabwe Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Austria
Top DestinationGermany$57.7B

Zimbabwe
Top DestinationUnited Arab Emirates$4.78B

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

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

In 2022, countries that imported more from Zimbabwe than Austria included United Arab Emirates ($4.78B), South Africa ($1.47B), and Mozambique ($191M).

Difference in imports from Zimbabwe () and Austria () (2022)

Comparative Advantage Austria - Zimbabwe

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Austria had a large net trade with Zimbabwe in the exports of Machines ($815k), Instruments ($760k), and Metals ($422k).

During 2017, Zimbabwe had a large net trade with Austria in the exports of Metals ($199k), Arts and Antiques ($192k), and Machines ($8.92k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Austria Zimbabwe+$741kCars

Top Product Potential Zimbabwe Austria+$556kFerroalloys

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

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Austria () to Zimbabwe () (2022)

Exports from Zimbabwe () to Austria () (2022)

Latest Data

Trade between Austria () and Zimbabwe ()

Austria Exports

Zimbabwe Exports

Market Competitiveness

Difference in imports from Zimbabwe () and Austria () (2022)

Comparative Advantage Austria - Zimbabwe

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of Austria () and Zimbabwe () (2022)

Keep Exploring