Flag China / Austria Flag

2020
FlagFlag
Exports
: $8.01B, Rnk 49 / 209

2020
FlagFlag
Top Product
: $1.25B, Broadcasting Equipment

2020
FlagFlag
Exports
: $4.7B, Rnk 9 / 213

2020
FlagFlag
Top Product
: $308M, Photo Lab Equipment

2020
Flag
Economic Complexity (ECI)
: ECI 0.96, Rnk 28 / 127

2020
Flag
Economic Complexity (ECI)
: ECI 1.52, Rnk 10 / 127

2020
Flag  
GDP
: $14.7T, CURRENT US$
Rnk 2 / 195

2010-2020
Flag
GDP GROWTH
: 142%, CURRENT US$
Rnk 5 / 195

2020
Flag
 GDP
: $433B, CURRENT US$
Rnk 25 / 195

2010-2020
Flag
GDP GROWTH
: 10.6%, CURRENT US$
Rnk 138 / 195

2020
Flag
GDP PC 
: $10,435, CURRENT US$
Rnk 68 / 195

2010-2020
Flag
GDP PC GROWTH
: 129%, CURRENT US$
Rnk 5 / 195

2020
Flag
GDP PC
: $48,587, CURRENT US$
Rnk 17 / 195

2010-2020
Flag
GDP PC GROWTH
: 3.69%, CURRENT US$
Rnk 123 / 195

China-Austria In 2020, China exported $8.01B to Austria. The main products that China exported to Austria are Broadcasting Equipment ($1.25B), Other Cloth Articles ($413M), and Computers ($353M). During the last 25 years the exports of China to Austria have increased at an annualized rate of 11.1%, from $579M in 1995 to $8.01B in 2020.

In 2020, China did not export any services to Austria.

Austria-China In 2020, Austria exported $4.7B to China. The main products that Austria exported to China were Photo Lab Equipment ($308M), Cars ($231M), and Vaccines, blood, antisera, toxins and cultures ($222M). During the last 25 years the exports of Austria to China have increased at an annualized rate of 8.75%, from $577M in 1995 to $4.7B in 2020.

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 2020,  China ranked 28 in the Economic Complexity Index (ECI 0.96), and 1 in total exports ($2.65T). That same year, Austria ranked 10 in the Economic Complexity Index (ECI 1.52), and 31 in total exports ($160B).

Historical Data

#permalink to section

Bilateral Trade by Products

#permalink to section
Depth
Value

In 2020, China exported $8.01B to Austria. The main products exported from China to Austria were Broadcasting Equipment ($1.25B), Other Cloth Articles ($413M), and Computers ($353M). During the last 25 years the exports of China to Austria have increased at an annualized rate of 11.1%, from $579M in 1995 to $8.01B in 2020.

In 2020, Austria exported $4.7B to China. The main products exported from Austria to China were Photo Lab Equipment ($308M), Cars ($231M), and Vaccines, blood, antisera, toxins and cultures ($222M). During the last 25 years the exports of Austria to China have increased at an annualized rate of 8.75%, from $577M in 1995 to $4.7B in 2020.

Market Competitiveness

#permalink to section
Measure

China
Top Destination
: United States, $438B

Austria
Top Destination
: Germany, $46.6B

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 2019, countries that imported more from China than Austria were United States ($438B), Hong Kong ($262B), and Japan ($151B).

In 2019, countries that imported more from Austria than China were Croatia ($1.58B), San Marino ($36.3M), and Gibraltar ($6.83M).

Comparative Advantage China - Austria

#permalink to section
Flow

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

During 2020, China had a large net trade with Austria in the exports of Machines ($3.97B), Textiles ($1.18B), and Miscellaneous ($682M).

During 2020, Austria had a large net trade with China in the exports of Machines ($1.56B), Instruments ($807M), and Metals ($536M).

Bilateral Service Trade

#permalink to section

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.

Economic Complexity

#permalink to section

Competitive Landscape

#permalink to section

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