Germany-Austria Trade: In 2023, Germany exported $71.6B to Austria. The main products that Germany exported to Austria were Cars ($4.74B), Refined Petroleum ($3.79B), and Motor vehicles; parts and accessories (8701 to 8705) ($2.14B). Over the past 5 years the exports of Germany to Austria have increased at an annualized rate of 1.28%, from $67.2B in 2018 to $71.6B in 2023.
In 2020, Germany exported services to Austria worth $9.09B, with Other business services ($3.19B), Travel ($1.49B), and Transportation ($1.31B) being the largest in terms of value.
Austria-Germany Trade: In 2023, Austria exported $51B to Germany. The main products that Austria exported to Germany were Motor vehicles; parts and accessories (8701 to 8705) ($2.8B), Vaccines, blood, antisera, toxins and cultures ($1.84B), and Spark-Ignition Engines ($1.42B). Over the past 5 years the exports of Austria to Germany have increased at an annualized rate of 2%, from $46.2B in 2018 to $51B in 2023.
In 2020, Austria exported services to Germany worth $24.4B, with Travel ($6.89B), Other business services ($6.71B), and Transportation ($5.18B) being the largest in terms of value.
Comparison: In 2023, Germany ranked 5 in the Economic Complexity Index (ECI 1.79), and 3 in total exports ($1.57T). That same year, Austria ranked 8 in the Economic Complexity Index (ECI 1.56), and 31 in total exports ($204B).