Flag Germany / Austria Flag

2020
FlagFlag
Exports
: $64.4B, Rnk 8 / 220

2020
FlagFlag
Exports
: $46.6B, Rnk 1 / 213

2020
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Economic Complexity (ECI)
: ECI 1.88, Rnk 4 / 127

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

2020
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GDP
: $3.85T, CURRENT US$
Rnk 4 / 195

2010-2020
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GDP GROWTH
: 13.3%, CURRENT US$
Rnk 133 / 195

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

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

2020
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GDP PC 
: $46,208, CURRENT US$
Rnk 19 / 195

2010-2020
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GDP PC GROWTH
: 11.3%, CURRENT US$
Rnk 107 / 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

Germany-Austria In 2020, Germany exported $64.4B to Austria. The main products that Germany exported to Austria are N/A. During the last 25 years the exports of Germany to Austria have increased at an annualized rate of 3.49%, from $27.3B in 1995 to $64.4B in 2020.

In 2018, Germany exported services to Austria worth $11.1B, with Other business services ($3.06B), Travel ($3B), and Transportation ($2.12B) being the largest in terms of value.

Austria-Germany In 2020, Austria exported $46.6B to Germany . The main products that Austria exported to Germany were N/A. During the last 25 years the exports of Austria to Germany have increased at an annualized rate of 3.44%, from $20B in 1995 to $46.6B in 2020.

In 2019, Austria exported services to Germany worth $19.5B, with Travel ($10.3B), Other business services ($7.19B), and Communications services ($755M) being the largest in terms of value.

Comparison In 2020,  Germany ranked 4 in the Economic Complexity Index (ECI 1.88), and 3 in total exports ($1.33T). That same year, Austria ranked 10 in the Economic Complexity Index (ECI 1.52), and 31 in total exports ($160B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2020, Germany exported $64.4B to Austria. There were not main exports from Germany to Austria in 2020. During the last 25 years the exports of Germany to Austria have increased at an annualized rate of 3.49%, from $27.3B in 1995 to $64.4B in 2020.

In 2020, Austria exported $46.6B to Germany. There were not main exports from Austria to Germany in 2020. During the last 25 years the exports of Austria to Germany have increased at an annualized rate of 3.44%, from $20B in 1995 to $46.6B in 2020.

Market Competitiveness

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Measure

Germany
Top Destination
: United States, $116B

Austria
Top Destination
: Germany, $46.6B

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

In 2019, countries that imported more from Germany than Austria were United States ($116B), China ($106B), and France ($101B).

In 2019, countries that imported more from Austria than Germany were Mali ($171M), Bahrain ($23.3M), and North Korea ($191k).

Comparative Advantage Germany - Austria

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Flow

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

During 2020, Germany had a large net trade with Austria in the exports of N/A.

During 2020, Austria had a large net trade with Germany in the exports of Machines ($13B), Metals ($7.02B), and Transportation ($6.36B).

Bilateral Service Trade

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In 2018, Germany exported services to Austria worth $11.1B, with Other business services ($3.06B), Travel ($3B), and Transportation ($2.12B) being the largest in terms of value.

In 2019, Austria exported services to Germany worth $19.5B, with Travel ($10.3B), Other business services ($7.19B), and Communications services ($755M) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

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Competitive Landscape

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