Flag Czechia / Austria Flag

2020
FlagFlag
Exports
: $7.71B, Rnk 5 / 205

2020
FlagFlag
Top Product
: $615M, Cars

2020
FlagFlag
Exports
: $5.45B, Rnk 8 / 213

2020
FlagFlag
Top Product
: $280M, Cars

2020
Flag
Economic Complexity (ECI)
: ECI 1.57, Rnk 8 / 127

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

2020
Flag  
GDP
: $245B, CURRENT US$
Rnk 46 / 195

2010-2020
Flag
GDP GROWTH
: 17.3%, CURRENT US$
Rnk 124 / 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 
: $22,931, CURRENT US$
Rnk 42 / 195

2010-2020
Flag
GDP PC GROWTH
: 14.9%, CURRENT US$
Rnk 96 / 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

Czechia-Austria In 2020, Czechia exported $7.71B to Austria. The main products that Czechia exported to Austria are Cars ($615M), Rough Wood ($337M), and Broadcasting Equipment ($330M). During the last 25 years the exports of Czechia to Austria have increased at an annualized rate of 6.9%, from $1.46B in 1995 to $7.71B in 2020.

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 In 2020, Austria exported $5.45B to Czechia. The main products that Austria exported to Czechia were Cars ($280M), Blank Audio Media ($226M), and Motor vehicles; parts and accessories (8701 to 8705) ($153M). During the last 25 years the exports of Austria to Czechia have increased at an annualized rate of 4.86%, from $1.66B in 1995 to $5.45B in 2020.

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 2020,  Czechia ranked 8 in the Economic Complexity Index (ECI 1.57), and 27 in total exports ($190B). 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, Czechia exported $7.71B to Austria. The main products exported from Czechia to Austria were Cars ($615M), Rough Wood ($337M), and Broadcasting Equipment ($330M). During the last 25 years the exports of Czechia to Austria have increased at an annualized rate of 6.9%, from $1.46B in 1995 to $7.71B in 2020.

In 2020, Austria exported $5.45B to Czechia. The main products exported from Austria to Czechia were Cars ($280M), Blank Audio Media ($226M), and Motor vehicles; parts and accessories (8701 to 8705) ($153M). During the last 25 years the exports of Austria to Czechia have increased at an annualized rate of 4.86%, from $1.66B in 1995 to $5.45B in 2020.

Czechia Exports

#permalink to section

Austria Exports

#permalink to section

Market Competitiveness

#permalink to section
Measure

Czechia
Top Destination
: Germany, $60.6B

Austria
Top Destination
: Germany, $46.6B

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 2019, countries that imported more from Czechia than Austria were Germany ($60.6B), Slovakia ($14.2B), and Poland ($11.7B).

In 2019, countries that imported more from Austria than Czechia were United States ($10.6B), Switzerland ($8.82B), and Italy ($9.75B).

Comparative Advantage Czechia - Austria

#permalink to section
Flow

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

During 2020, Czechia had a large net trade with Austria in the exports of Machines ($2.41B), Transportation ($1B), and Metals ($821M).

During 2020, Austria had a large net trade with Czechia in the exports of Machines ($1.4B), Metals ($816M), and Transportation ($726M).

Bilateral Service Trade

#permalink to section

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.

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