United Kingdom (GBR) and Austria (AUT) Trade

2022

→

Exports $4.02BRnk 25 / 224

2022

→

About

United Kingdom-Austria Trade: In 2022, United Kingdom exported $4.02B to Austria. The main products that United Kingdom exported to Austria were Gold ($2.08B), Cars ($173M), and Crude Petroleum ($135M). Over the past 5 years the exports of United Kingdom to Austria have increased at an annualized rate of 10.4%, from $2.45B in 2017 to $4.02B in 2022.

In 2019, United Kingdom exported services to Austria worth $1.32B, with Other business services ($388M), Transportation ($286M), and Travel ($267M) being the largest in terms of value.

Austria-United Kingdom Trade: In 2022, Austria exported $5.38B to United Kingdom. The main products that Austria exported to United Kingdom were Gold ($632M), Cars ($516M), and Motor vehicles; parts and accessories (8701 to 8705) ($135M). Over the past 5 years the exports of Austria to United Kingdom have increased at an annualized rate of 4.21%, from $4.38B in 2017 to $5.38B in 2022.

In 2020, Austria exported services to United Kingdom worth $3.07B, with Transportation ($1.13B), Other business services ($760M), and Travel ($388M) being the largest in terms of value.

Comparison: In 2022, United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.42), and 14 in total exports ($469B). That same year, Austria ranked 8 in the Economic Complexity Index (ECI 1.5), and 32 in total exports ($209B).

Latest Trends

N/A

About

Overview In N/A, United Kingdom exported £N/A and imported £N/A from Austria, resulting in a N/A trade balance of £N/A. Between N/A and N/A the exports of United Kingdom have N/A by £N/A (N/A) from £N/A to £N/A, while imports N/A by £N/A (N/A) from £N/A to £N/A.

Trade In N/A, the top exports of United Kingdom to Austria were Cars (£21.7M), Packaged Medicaments (£8.96M), Machines and apparatus of a kind... (£8.08M), Combustion Engines (£4.51M), and Motor vehicles; parts and accessories (8701... (£4.16M). In N/A the top imports of United Kingdom from Austria were Gold (£12.9M), Planes, Helicopters, and/or Spacecraft (£8.71M), Electrical Lighting and Signalling Equipment (£7.36M), Motor vehicles; parts and accessories (8701... (£7.01M), and Electrical Transformers (£6.58M).

Origins In N/A the exports of United Kingdom were mainly from Dover Eurotunnel (£70.4M), Immingham (£15.6M), East Midlands Airport (£6.25M), Eurotunnel (£4.8M), and London Stansted Airport (£3.09M), while imports destinations were mainly Dover (£94.2M), Eurotunnel (£28.3M), Immingham (£26.2M), Dover Eurotunnel (£17M), and Killingholme (£12.5M).

Growth In N/A, the N/A in United Kingdom's year-by-year exports to Austria was explained primarily by an decrease in product exports in Iron Fasteners (£-660k or -51.3%), Disc Chemicals for Electronics (£-633k or -97.9%), and Molybdenum (£-540k or -37.5%). In N/A, the N/A in United Kingdom's year-by-year imports from Austria was explained primarily by an decrease in product imports in Gold (£-27.8M or -68.2%), Paintings (£-9.91M or -98.3%), and Collector's Items (£-6.46M or -99.5%).

Latest Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Value

Trade Value

Growth

Growth (%)

Depth

HS2

HS4

HS6

MAIN EXPORTER (N/A)Dover Eurotunnel£70.4M

This section shows exports and imports data at subnational level for United Kingdom. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of United Kingdom over time.

To check Austria and United Kingdom trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Austria and United Kingdom Data

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, United Kingdom exported $4.02B to Austria. The main products exported from United Kingdom to Austria were Gold ($2.08B), Cars ($173M), and Crude Petroleum ($135M). During the last 5 years the exports of United Kingdom to Austria have increased at an annualized rate of 10.4%, from $2.45B in 2017 to $4.02B in 2022.

In 2017, Austria exported $5.38B to United Kingdom. The main products exported from Austria to United Kingdom were Gold ($632M), Cars ($516M), and Motor vehicles; parts and accessories (8701 to 8705) ($135M). During the last 5 years the exports of Austria to United Kingdom have increased at an annualized rate of 4.21%, from $4.38B in 2022 to $5.38B in 2017.

Exports from United Kingdom () to Austria () (2022)

Exports from Austria () to United Kingdom () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

United Kingdom
Top DestinationUnited States$61.8B

Austria
Top DestinationGermany$57.7B

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

In 2022, countries that imported more from United Kingdom than Austria included United States ($61.8B), Netherlands ($41.9B), and Ireland ($32.6B).

In 2022, countries that imported more from Austria than United Kingdom included Germany ($57.7B), Hungary ($10.4B), and Slovakia ($7.4B).

Difference in imports from Austria () and United Kingdom () (2022)

Comparative Advantage United Kingdom - Austria

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, United Kingdom had a large net trade with Austria in the exports of Precious Metals ($2.13B), Machines ($486M), and Transportation ($310M).

During 2017, Austria had a large net trade with United Kingdom in the exports of Machines ($1.36B), Transportation ($1.16B), and Precious Metals ($662M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential United Kingdom Austria+$137MCars

Top Product Potential Austria United Kingdom+$286MCars

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.

Subscribe today to OEC pro and access the latest data

Bilateral Service Trade

Aut Year

Gbr Year

In 2019, United Kingdom exported services to Austria worth $1.32B, with Other business services ($388M), Transportation ($286M), and Travel ($267M) being the largest in terms of value.

In 2020, Austria exported services to United Kingdom worth $3.07B, with Transportation ($1.13B), Other business services ($760M), and Travel ($388M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from United Kingdom () to Austria () (2019)

Services Exports from Austria () to United Kingdom () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Year

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

Product Space of United Kingdom () and Austria () (2022)

Keep Exploring

United Kingdom
Andorra
United Kingdom
Belgium
France
Austria
Gibraltar
Austria