2022
Flag  
GDP
$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP GROWTH
13.5%CURRENT US$
Rnk 139 / 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 
$45,850CURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP PC GROWTH
7.92%CURRENT US$
Rnk 122 / 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

United Kingdom-Austria In 2022, United Kingdom exported $4.02B to Austria. The main products that United Kingdom exported to Austria are Gold ($2.08B), Cars ($173M), and Crude Petroleum ($135M). During the last 27 years the exports of United Kingdom to Austria have increased at an annualized rate of 3.09%, from $1.77B in 1995 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 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). During the last 27 years the exports of Austria to United Kingdom have increased at an annualized rate of 4.29%, from $1.73B in 1995 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).

Historical Data

Bilateral Trade by Products

Depth
Value

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 27 years the exports of United Kingdom to Austria have increased at an annualized rate of 3.09%, from $1.77B in 1995 to $4.02B in 2022.

In 2022, 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 27 years the exports of Austria to United Kingdom have increased at an annualized rate of 4.29%, from $1.73B in 1995 to $5.38B in 2022.

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

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

Market Competitiveness

Color
United Kingdom
Top Destination
United States$61.8B
Austria
Top Destination
Germany$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 2021, countries that imported more from United Kingdom than Austria were United States ($61.8B), Netherlands ($41.9B), and Ireland ($32.6B).

In 2021, countries that imported more from Austria than United Kingdom were Germany ($57.7B), Hungary ($10.4B), and Slovakia ($7.4B).

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

Comparative Advantage United Kingdom - Austria

Flow
Scale

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 2022, Austria had a large net trade with United Kingdom in the exports of Machines ($1.36B), Transportation ($1.16B), and Precious Metals ($662M).

Service Trade

Bilateral Service Trade

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 (Flag) to Austria (Flag) (2019)

Services Exports from Austria (Flag) to United Kingdom (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 United Kingdom has comparative advantage over Austria. Similarly, the more yellow a dot/product is, the more Austria has comparative advantage over United Kingdom.

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

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