2022
Flag  
GDP
$18TCURRENT US$
Rnk 2 / 186
2012-2022
Flag
GDP GROWTH
111%CURRENT US$
Rnk 11 / 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 
$12,720CURRENT US$
Rnk 67 / 186
2012-2022
Flag
GDP PC GROWTH
102%CURRENT US$
Rnk 8 / 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

China-Austria Trade: In 2022, China exported $7.13B to Austria. The main products that China exported to Austria were Broadcasting Equipment ($674M), Computers ($287M), and Electrical Transformers ($268M). Over the past 5 years the exports of China to Austria have increased at an annualized rate of 4.34%, from $5.77B in 2017 to $7.13B in 2022.

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

Austria-China Trade: In 2022, Austria exported $5.34B to China. The main products that Austria exported to China were Cars ($710M), Machinery Having Individual Functions ($583M), and Unprocessed Artificial Staple Fibers ($277M). Over the past 5 years the exports of Austria to China have increased at an annualized rate of 4.52%,  from $4.28B in 2017 to $5.34B in 2022.

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

Comparison: In 2022,  China ranked 22 in the Economic Complexity Index (ECI 1.12), and 1 in total exports ($3.73T). That same year, Austria ranked 8 in the Economic Complexity Index (ECI 1.5), and 32 in total exports ($209B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, China exported $7.13B to Austria. The main products exported from China to Austria were Broadcasting Equipment ($674M), Computers ($287M), and Electrical Transformers ($268M). During the last 5 years the exports of China to Austria have increased at an annualized rate of 4.34%, from $5.77B in 2017 to $7.13B in 2022.

In 2017, Austria exported $5.34B to China. The main products exported from Austria to China were Cars ($710M), Machinery Having Individual Functions ($583M), and Unprocessed Artificial Staple Fibers ($277M). During the last 5 years the exports of Austria to China have increased at an annualized rate of 4.52%, from $4.28B in 2022 to $5.34B in 2017.

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

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

Market Competitiveness

Color
China
Top Destination
United States$551B
Austria
Top Destination
Germany$57.7B

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 2022, countries that imported more from China than Austria included United States ($551B), Hong Kong ($276B), and Japan ($178B).

In 2022, countries that imported more from Austria than China included Slovakia ($7.4B), Croatia ($2.14B), and San Marino ($13.8M).

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

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 2022, China had a large net trade with Austria in the exports of Machines ($3.89B), Miscellaneous ($572M), and Chemical Products ($520M).

During 2017, Austria had a large net trade with China in the exports of Machines ($2.17B), Transportation ($870M), and Metals ($559M).

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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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) (2022)

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