2022
Flag  
GDP
$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP GROWTH
15.5%CURRENT US$
Rnk 136 / 186
2022
Flag
 GDP
$471BCURRENT US$
Rnk 32 / 186
2012-2022
Flag
GDP GROWTH
15.1%CURRENT US$
Rnk 137 / 186
2022
Flag
GDP PC 
$48,432CURRENT US$
Rnk 21 / 186
2012-2022
Flag
GDP PC GROWTH
10.4%CURRENT US$
Rnk 115 / 186
2022
Flag
GDP PC
$52,131CURRENT US$
Rnk 17 / 186
2012-2022
Flag
GDP PC GROWTH
7.34%CURRENT US$
Rnk 124 / 186

About

Germany-Austria In 2022, Germany exported $86.5B to Austria. The main products that Germany exported to Austria are Refined Petroleum ($5.76B), Cars ($4.53B), and Electricity ($3.96B). During the last 27 years the exports of Germany to Austria have increased at an annualized rate of 4.36%, from $27.3B in 1995 to $86.5B in 2022.

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 In 2022, Austria exported $57.7B to Germany. The main products that Austria exported to Germany were Motor vehicles; parts and accessories (8701 to 8705) ($2.66B), Vaccines, blood, antisera, toxins and cultures ($1.82B), and Electricity ($1.43B). During the last 27 years the exports of Austria to Germany have increased at an annualized rate of 4.01%, from $20B in 1995 to $57.7B in 2022.

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 2022,  Germany ranked 5 in the Economic Complexity Index (ECI 1.78), and 3 in total exports ($1.6T). 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
Value

In 2022, Germany exported $86.5B to Austria. The main products exported from Germany to Austria were Refined Petroleum ($5.76B), Cars ($4.53B), and Electricity ($3.96B). During the last 27 years the exports of Germany to Austria have increased at an annualized rate of 4.36%, from $27.3B in 1995 to $86.5B in 2022.

In 2022, Austria exported $57.7B to Germany. The main products exported from Austria to Germany were Motor vehicles; parts and accessories (8701 to 8705) ($2.66B), Vaccines, blood, antisera, toxins and cultures ($1.82B), and Electricity ($1.43B). During the last 27 years the exports of Austria to Germany have increased at an annualized rate of 4.01%, from $20B in 1995 to $57.7B in 2022.

Exports from Germany (Flag) to Austria (Flag) (2022)

Exports from Austria (Flag) to Germany (Flag) (2022)

Market Competitiveness

Color
Germany
Top Destination
United States$153B
Austria
Top Destination
Germany$57.7B

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 2021, countries that imported more from Germany than Austria were United States ($153B), France ($120B), and Netherlands ($109B).

In 2021, countries that imported more from Austria than Germany were Mali ($168M), Dominica ($3.22M), and Wallis and Futuna ($685k).

Difference in imports from Austria (Flag) and Germany (Flag) (2022)

Comparative Advantage Germany - Austria

Flow
Scale

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

During 2022, Germany had a large net trade with Austria in the exports of Machines ($19.6B), Mineral Products ($10.8B), and Metals ($10.5B).

During 2022, Austria had a large net trade with Germany in the exports of Machines ($14.9B), Metals ($10.4B), and Transportation ($6.6B).

Service Trade

Bilateral Service Trade

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.

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.

Service trade data is presented based on availability.

Services Exports from Germany (Flag) to Austria (Flag) (2020)

Services Exports from Austria (Flag) to Germany (Flag) (2020)

Economic Complexity

Competitive Landscape

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.

Product Space of Germany (Flag) and Austria (Flag) (2022)

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