2022
Flag  
GDP
$2.78TCURRENT US$
Rnk 7 / 186
2012-2022
Flag
GDP GROWTH
3.7%CURRENT US$
Rnk 157 / 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 
$40,964CURRENT US$
Rnk 26 / 186
2012-2022
Flag
GDP PC GROWTH
0.23%CURRENT US$
Rnk 137 / 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

France-Austria Trade: In 2022, France exported $5.45B to Austria. The main products that France exported to Austria were Vaccines, blood, antisera, toxins and cultures ($343M), Cars ($195M), and Aluminium Plating ($181M). Over the past 5 years the exports of France to Austria have increased at an annualized rate of 4.64%, from $4.34B in 2017 to $5.45B in 2022.

In 2020, France exported services to Austria worth $729M, with Other business services ($296M), Travel ($134M), and Transportation ($130M) being the largest in terms of value.

Austria-France Trade: In 2022, Austria exported $8.24B to France. The main products that Austria exported to France were Hormones ($499M), Vaccines, blood, antisera, toxins and cultures ($332M), and Refined Copper ($281M). Over the past 5 years the exports of Austria to France have increased at an annualized rate of 0.89%,  from $7.82B in 2017 to $8.24B in 2022.

In 2020, Austria exported services to France worth $1.3B, with Transportation ($433M), Other business services ($375M), and Travel ($172M) being the largest in terms of value.

Comparison: In 2022,  France ranked 16 in the Economic Complexity Index (ECI 1.3), and 8 in total exports ($608B). 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, France exported $5.45B to Austria. The main products exported from France to Austria were Vaccines, blood, antisera, toxins and cultures ($343M), Cars ($195M), and Aluminium Plating ($181M). During the last 5 years the exports of France to Austria have increased at an annualized rate of 4.64%, from $4.34B in 2017 to $5.45B in 2022.

In 2017, Austria exported $8.24B to France. The main products exported from Austria to France were Hormones ($499M), Vaccines, blood, antisera, toxins and cultures ($332M), and Refined Copper ($281M). During the last 5 years the exports of Austria to France have increased at an annualized rate of 0.89%, from $7.82B in 2022 to $8.24B in 2017.

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

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

Latest Data

Trade between France (Flag) and Austria (Flag)

France Exports

Austria Exports

Market Competitiveness

Color
France
Top Destination
Germany$78.3B
Austria
Top Destination
Germany$57.7B

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

In 2022, countries that imported more from France than Austria included Belgium ($47.8B), Spain ($46.4B), and Italy ($56.4B).

In 2022, countries that imported more from Austria than France included Hungary ($10.4B), Slovakia ($7.4B), and Slovenia ($4.92B).

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

Comparative Advantage France - Austria

Flow
Scale

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

During 2022, France had a large net trade with Austria in the exports of Chemical Products ($973M), Machines ($870M), and Metals ($827M).

During 2017, Austria had a large net trade with France in the exports of Machines ($2.08B), Metals ($1.38B), and Chemical Products ($1.37B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential France Austria+$149MCars
Top Product Potential Austria France+$160MCars

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

In 2020, France exported services to Austria worth $729M, with Other business services ($296M), Travel ($134M), and Transportation ($130M) being the largest in terms of value.

In 2020, Austria exported services to France worth $1.3B, with Transportation ($433M), Other business services ($375M), and Travel ($172M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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