2022
Flag  
GDP
$2.14TCURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP GROWTH
17%CURRENT US$
Rnk 129 / 186
2022
Flag
 GDP
$471BCURRENT US$
Rnk 32 / 186
2012-2022
Flag
GDP GROWTH
15.1%CURRENT US$
Rnk 137 / 186
2022
Flag
GDP PC 
$54,966CURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP PC GROWTH
4.36%CURRENT US$
Rnk 130 / 186
2022
Flag
GDP PC
$52,131CURRENT US$
Rnk 17 / 186
2012-2022
Flag
GDP PC GROWTH
7.34%CURRENT US$
Rnk 124 / 186

About

Canada-Austria In 2022, Canada exported $213M to Austria. The main products that Canada exported to Austria are Planes, Helicopters, and/or Spacecraft ($82.6M), Surveying Equipment ($9.63M), and Aircraft Parts ($9.63M). During the last 27 years the exports of Canada to Austria have decreased at an annualized rate of 1.29%, from $303M in 1995 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 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). During the last 27 years the exports of Austria to Canada have increased at an annualized rate of 6.22%, from $378M in 1995 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 0.85), and 9 in total exports ($587B). That same year, Austria ranked 8 in the Economic Complexity Index (ECI 1.48), and 32 in total exports ($209B).

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 27 years the exports of Canada to Austria have decreased at an annualized rate of 1.29%, from $303M in 1995 to $213M in 2022.

In 2022, 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 27 years the exports of Austria to Canada have increased at an annualized rate of 6.22%, from $378M in 1995 to $1.93B in 2022.

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

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

Market Competitiveness

Color
Canada
Top Destination
United States$438B
Austria
Top Destination
Germany$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 2021, countries that imported more from Canada than Austria were United States ($438B), China ($25.4B), and Japan ($14.3B).

In 2021, countries that imported more from Austria than Canada were 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 2022, Austria had a large net trade with Canada in the exports of Machines ($748M), Metals ($370M), and Transportation ($247M).

Service Trade

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)

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 Canada has comparative advantage over Austria. Similarly, the more yellow a dot/product is, the more Austria has comparative advantage over Canada.

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

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with