Czechia (CZE) and Austria (AUT) Trade | The Observatory of Economic Complexity

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Czechia-Austria Trade: In 2022, Czechia exported $7.97B to Austria. The main products that Czechia exported to Austria were Cars ($742M), Electricity ($698M), and Broadcasting Equipment ($493M). Over the past 5 years the exports of Czechia to Austria have increased at an annualized rate of 40.5%, from $1.45B in 2017 to $7.97B in 2022.

In 2019, Czechia exported services to Austria worth $621M, with Transportation ($205M), Other business services ($182M), and Travel ($138M) being the largest in terms of value.

Austria-Czechia Trade: In 2022, Austria exported $5.69B to Czechia. The main products that Austria exported to Czechia were Cars ($347M), Flat Flat-Rolled Steel ($223M), and Packaged Medicaments ($218M). Over the past 5 years the exports of Austria to Czechia have increased at an annualized rate of 27.8%, from $1.67B in 2017 to $5.69B in 2022.

In 2020, Austria exported services to Czechia worth $1.59B, with Transportation ($492M), Other business services ($381M), and Travel ($348M) being the largest in terms of value.

Comparison: In 2022, Czechia ranked 7 in the Economic Complexity Index (ECI 1.55), and 30 in total exports ($237B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Czechia exported $7.97B to Austria. The main products exported from Czechia to Austria were Cars ($742M), Electricity ($698M), and Broadcasting Equipment ($493M). During the last 5 years the exports of Czechia to Austria have increased at an annualized rate of 40.5%, from $1.45B in 2017 to $7.97B in 2022.

In 2017, Austria exported $5.69B to Czechia. The main products exported from Austria to Czechia were Cars ($347M), Flat Flat-Rolled Steel ($223M), and Packaged Medicaments ($218M). During the last 22 years the exports of Austria to Czechia have increased at an annualized rate of 27.8%, from $1.67B in 1995 to $5.69B in 2017.

Exports from Czechia () to Austria () (2022)

Exports from Austria () to Czechia () (2022)

Latest Data

Trade between Czechia () and Austria ()

Czechia Exports

Date

Austria Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Czechia
Top DestinationGermany$75.3B

Austria
Top DestinationGermany$57.7B

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

In 2022, countries that imported more from Czechia than Austria included Germany ($75.3B), Slovakia ($19.7B), and Poland ($16.2B).

In 2022, countries that imported more from Austria than Czechia included United States ($14.4B), Switzerland ($11.2B), and Italy ($13.6B).

Difference in imports from Austria () and Czechia () (2022)

Comparative Advantage Czechia - Austria

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Czechia had a large net trade with Austria in the exports of Machines ($3.19B), Metals ($1.26B), and Transportation ($1.24B).

During 2017, Austria had a large net trade with Czechia in the exports of Machines ($1.58B), Metals ($1.25B), and Transportation ($775M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Czechia Austria+$299MCars

Top Product Potential Austria Czechia+$117MMotor vehicles; parts and accessories (8701 to 8705)

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

Aut Year

Cze Year

In 2019, Czechia exported services to Austria worth $621M, with Transportation ($205M), Other business services ($182M), and Travel ($138M) being the largest in terms of value.

In 2020, Austria exported services to Czechia worth $1.59B, with Transportation ($492M), Other business services ($381M), and Travel ($348M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Czechia () to Austria () (2019)

Services Exports from Austria () to Czechia () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Czechia () to Austria () (2022)

Exports from Austria () to Czechia () (2022)

Latest Data

Trade between Czechia () and Austria ()

Czechia Exports

Austria Exports

Market Competitiveness

Difference in imports from Austria () and Czechia () (2022)

Comparative Advantage Czechia - Austria

Potential Exports

Potential Exports

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Bilateral Service Trade

Services Exports from Czechia () to Austria () (2019)

Services Exports from Austria () to Czechia () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Product Space of Czechia () and Austria () (2022)

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