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2023
Flag → Flag
Exports $15.9BRnk 35 / 208
2023
Flag → Flag
Top Product $1.5BBroadcasting Equipment
2023
Flag → Flag
Exports $6.21BRnk 9 / 213
2023
Flag → Flag
Top Product $747MMachinery Having Individual Functions
2023
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Economic Complexity (ECI) ECI 1.16Rnk 21 / 132
2023
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Economic Complexity (ECI) ECI 1.56Rnk 8 / 132
2023
Flag  
GDP$17.8TCURRENT US$
Rnk 2 / 195
2013-2023
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GDP GROWTH85.9%CURRENT US$
Rnk 22 / 195
2023
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 GDP$512BCURRENT US$
Rnk 29 / 195
2013-2023
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GDP GROWTH20%CURRENT US$
Rnk 141 / 195
2023
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GDP PC $12,614CURRENT US$
Rnk 80 / 195
2013-2023
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GDP PC GROWTH79.7%CURRENT US$
Rnk 17 / 195
2023
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GDP PC$56,034CURRENT US$
Rnk 18 / 196
2013-2023
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GDP PC GROWTH11.4%CURRENT US$
Rnk 131 / 195

About

China-Austria Trade: In 2023, China exported $15.9B to Austria. The main products that China exported to Austria were Broadcasting Equipment ($1.5B), Electrical Transformers ($864M), and Electric Batteries ($762M). Over the past 5 years the exports of China to Austria have increased at an annualized rate of 9.05%, from $10.3B in 2018 to $15.9B in 2023.

In 2023, China did not export any services to Austria.

Austria-China Trade: In 2023, Austria exported $6.21B to China. The main products that Austria exported to China were Machinery Having Individual Functions ($747M), Cars ($628M), and Vaccines, blood, antisera, toxins and cultures ($292M). Over the past 5 years the exports of Austria to China have increased at an annualized rate of 2.06%,  from $5.6B in 2018 to $6.21B in 2023.

In 2020, Austria exported services to China worth $541M, with Other business services ($263M), Transportation ($117M), and Travel ($54.8M) being the largest in terms of value.

Comparison: In 2023,  China ranked 21 in the Economic Complexity Index (ECI 1.16), and 1 in total exports ($3.42T). That same year, Austria ranked 8 in the Economic Complexity Index (ECI 1.56), and 31 in total exports ($204B).

Latest Trends

December, 2024

About

Overview In December 2024, China exported $398M and imported $632M from Austria, resulting in a negative trade balance of $234M. Between December 2023 and December 2024 the exports of China have increased by $33.6M (9.22%) from $365M to $398M, while imports increased by $3.62M (0.58%) from $628M to $632M.

Trade In December 2024, the top exports of China to Austria were Telephones ($55.3M), Air Pumps ($16.3M), Computers ($15.2M), Electrical Transformers ($14.8M), and Motorcycles and cycles ($14.5M). In December 2024 the top imports of China from Austria were Cars ($112M), Machines and apparatus of a kind... ($84.5M), Packaged Medicaments ($31.2M), Motor vehicles; parts and accessories (8701... ($23.2M), and Semiconductor Devices ($17.5M).

Origins In December 2024 the exports of China were mainly from Guangdong Province ($91.7M), Jiangsu Province ($61.4M), Zhejiang Province ($45.9M), Shanghai Province ($43.4M), and Fujian Province ($30.2M), while imports destinations were mainly Beijing ($137M), Shanghai Province ($133M), Guangdong Province ($105M), Jiangsu Province ($76.8M), and Tianjin ($48.7M).

Growth In December 2024, the increase in China's year-by-year exports to Austria was explained primarily by an increase in product exports in Telephones ($23.9M or 76.3%), Motorcycles and cycles ($11.8M or 442%), and Air Pumps ($8.78M or 116%). In December 2024, the increase in China's year-by-year imports  from Austria was explained primarily by an increase in product imports  in Cars ($47.8M or 74.7%), Machines and apparatus of a kind... ($43.4M or 105%), and Packaged Medicaments ($25.7M or 470%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2023 - December 2024)$33.6M(9.22%)
IMPORT GROWTH (December 2023 - December 2024)$3.62M(0.58%)
MAIN EXPORTER (December 2024)Guangdong Province$91.7M

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

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

For full datasets download visit Bulk Download page.

Explore Austria and China Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, China exported $15.9B to Austria. The main products exported from China to Austria were Broadcasting Equipment ($1.5B), Electrical Transformers ($864M), and Electric Batteries ($762M). During the last 5 years the exports of China to Austria have increased at an annualized rate of 9.05%, from $10.3B in 2018 to $15.9B in 2023.

In 2018, Austria exported $6.21B to China. The main products exported from Austria to China were Machinery Having Individual Functions ($747M), Cars ($628M), and Vaccines, blood, antisera, toxins and cultures ($292M). During the last 5 years the exports of Austria to China have increased at an annualized rate of 2.06%, from $5.6B in 2023 to $6.21B in 2018.

Exports from China (Flag) to Austria (Flag) (2023)

Exports from Austria (Flag) to China (Flag) (2023)

Market Competitiveness

Color
China
Top DestinationUnited States$436B
Austria
Top DestinationGermany$51B

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

In 2023, countries that imported more from China than Austria included United States ($436B), Hong Kong ($259B), and Japan ($169B).

In 2023, countries that imported more from Austria than China included Croatia ($2.35B), Saint Martin ($3.43M), and Bonaire ($293k).

Difference in imports from Austria (Flag) and China (Flag) (2023)

Comparative Advantage China - Austria

Flow
Scale

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

During 2023, China had a large net trade with Austria in the exports of Machines ($8.22B), Textiles ($1.48B), and Miscellaneous ($1.06B).

During 2018, Austria had a large net trade with China in the exports of Machines ($2.96B), Transportation ($830M), and Chemical Products ($568M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential China Austria+$519MTelephones
Top Product Potential Austria China+$363MCars

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, Austria exported services to China worth $541M, with Other business services ($263M), Transportation ($117M), and Travel ($54.8M) being the largest in terms of value.

Service trade data is presented based on availability.

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

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of China (Flag) and Austria (Flag) (2023)

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