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2022
Flag → Flag
Exports $213MRnk 64 / 215
2022
Flag → Flag
Top Product $82.6MPlanes, Helicopters, and/or Spacecraft
2022
Flag → Flag
Exports $1.93BRnk 20 / 217
2022
Flag → Flag
Top Product $172MSpark-Ignition Engines
2022
Flag
Economic Complexity (ECI) ECI 0.92Rnk 31 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.5Rnk 8 / 133
2022
Flag  
GDP$2.14TCURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP GROWTH17%CURRENT US$
Rnk 129 / 186
2022
Flag
 GDP$471BCURRENT US$
Rnk 32 / 186
2012-2022
Flag
GDP GROWTH15.1%CURRENT US$
Rnk 137 / 186
2022
Flag
GDP PC $54,966CURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP PC GROWTH4.36%CURRENT US$
Rnk 130 / 186
2022
Flag
GDP PC$52,131CURRENT US$
Rnk 17 / 186
2012-2022
Flag
GDP PC GROWTH7.34%CURRENT US$
Rnk 124 / 186

About

Canada-Austria Trade: In 2022, Canada exported $213M to Austria. The main products that Canada exported to Austria were Planes, Helicopters, and/or Spacecraft ($82.6M), Surveying Equipment ($9.63M), and Aircraft Parts ($9.63M). Over the past 5 years the exports of Canada to Austria have decreased at an annualized rate of 6.74%, from $303M in 2017 to $213M in 2022.

In 2020, Canada exported services to Austria worth $128M, with Royalties and license fees ($64.1M), Transportation ($30.6M), and Computer and information services ($17.1M) being the largest in terms of value.

Austria-Canada Trade: In 2022, Austria exported $1.93B to Canada. The main products that Austria exported to Canada were Spark-Ignition Engines ($172M), Iron Pipes ($162M), and Vaccines, blood, antisera, toxins and cultures ($96.5M). Over the past 5 years the exports of Austria to Canada have increased at an annualized rate of 7.2%,  from $1.36B in 2017 to $1.93B in 2022.

In 2020, Austria exported services to Canada worth $190M, with Other business services ($86.8M), Computer and information services ($42.3M), and Transportation ($22.8M) being the largest in terms of value.

Comparison: In 2022,  Canada ranked 31 in the Economic Complexity Index (ECI 0.92), and 9 in total exports ($587B). That same year, Austria ranked 8 in the Economic Complexity Index (ECI 1.5), and 32 in total exports ($209B).

Latest Trends

August, 2024

About

Overview In August 2024, Canada exported C$34.7M and imported C$256M from Austria, resulting in a negative trade balance of C$221M. Between August 2023 and August 2024 the exports of Canada have increased by C$17.4M (100%) from C$17.4M to C$34.7M, while imports decreased by C$-34.4M (-11.9%) from C$290M to C$256M.

Trade In August 2024, the top exports of Canada to Austria were Surveying Equipment (C$1.2M), Aircraft parts including unmanned craft (C$1.15M), Excavation Machinery (C$1.09M), Thermostats (C$1M), and Computers (C$772k). In August 2024 the top imports of Canada from Austria were Vaccines, blood, antisera, toxins and cultures (C$13.6M), Packaged Medicaments (C$13.1M), Spark-Ignition Engines (C$6.87M), Aircraft parts including unmanned craft (C$6.7M), and Large Construction Vehicles (C$4.76M).

Origins In August 2024 the exports of Canada were mainly from Ontario (C$15.3M), Quebec (C$13.4M), British Columbia (C$5.1M), Saskatchewan (C$387k), and New Brunswick (C$274k), while imports destinations were mainly Quebec (C$111M), Ontario (C$102M), Nova Scotia (C$11M), British Columbia (C$10.8M), and Alberta (C$9.76M).

Growth In August 2024, the increase in Canada's year-by-year exports to Austria was explained primarily by an increase in product exports in Computers (C$765k or 11.4k%), Thermostats (C$740k or 281%), and Beauty Products (C$517k or 2.53k%). In August 2024, the decrease in Canada's year-by-year imports  from Austria was explained primarily by an decrease in product imports  in Iron Pipes (C$-24.9M or -99.2%), Spark-Ignition Engines (C$-12.3M or -64.1%), and Commodities not elsewhere specified (C$-3.49M or -79.3%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)C$17.4M(100%)
IMPORT GROWTH (August 2023 - August 2024)C$-34.4M(-11.9%)
MAIN EXPORTER (August 2024)OntarioC$15.3M

This section shows exports and imports data at subnational level for Canada. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Canada over time.

To check Austria and Canada trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Austria and Canada Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Canada exported $213M to Austria. The main products exported from Canada to Austria were Planes, Helicopters, and/or Spacecraft ($82.6M), Surveying Equipment ($9.63M), and Aircraft Parts ($9.63M). During the last 5 years the exports of Canada to Austria have decreased at an annualized rate of 6.74%, from $303M in 2017 to $213M in 2022.

In 2017, Austria exported $1.93B to Canada. The main products exported from Austria to Canada were Spark-Ignition Engines ($172M), Iron Pipes ($162M), and Vaccines, blood, antisera, toxins and cultures ($96.5M). During the last 5 years the exports of Austria to Canada have increased at an annualized rate of 7.2%, from $1.36B in 2022 to $1.93B in 2017.

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

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

Market Competitiveness

Color
Canada
Top DestinationUnited States$438B
Austria
Top DestinationGermany$57.7B

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

In 2022, countries that imported more from Canada than Austria included United States ($438B), China ($25.4B), and Japan ($14.3B).

In 2022, countries that imported more from Austria than Canada included Germany ($57.7B), Italy ($13.6B), and Hungary ($10.4B).

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

Comparative Advantage Canada - Austria

Flow
Scale

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

During 2022, Canada had a large net trade with Austria in the exports of Transportation ($102M), Machines ($40M), and Instruments ($26.1M).

During 2017, Austria had a large net trade with Canada in the exports of Machines ($748M), Metals ($370M), and Transportation ($247M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Canada Austria+$13.8MMotor vehicles; parts and accessories (8701 to 8705)
Top Product Potential Austria Canada+$96MCars

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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Bilateral Service Trade

In 2020, Canada exported services to Austria worth $128M, with Royalties and license fees ($64.1M), Transportation ($30.6M), and Computer and information services ($17.1M) being the largest in terms of value.

In 2020, Austria exported services to Canada worth $190M, with Other business services ($86.8M), Computer and information services ($42.3M), and Transportation ($22.8M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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