Flag United Kingdom / Austria Flag

2021
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Exports
: $2.72B, Rnk 26 / 222

2021
FlagFlag
Top Product
: $678M, Gold

2021
FlagFlag
Exports
: $5.22B, Rnk 11 / 217

2021
FlagFlag
Top Product
: $551M, Cars

2021
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Economic Complexity (ECI)
: ECI 1.43, Rnk 11 / 131

2021
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Economic Complexity (ECI)
: ECI 1.5, Rnk 9 / 131

2021
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GDP
: $3.19T, CURRENT US$
Rnk 5 / 182

2011-2021
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GDP GROWTH
: 19.1%, CURRENT US$
Rnk 110 / 182

2021
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 GDP
: $477B, CURRENT US$
Rnk 29 / 182

2011-2021
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GDP GROWTH
: 10.5%, CURRENT US$
Rnk 129 / 182

2021
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GDP PC 
: $47,334, CURRENT US$
Rnk 22 / 182

2011-2021
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GDP PC GROWTH
: 11.9%, CURRENT US$
Rnk 98 / 182

2021
Flag
GDP PC
: $53,268, CURRENT US$
Rnk 15 / 182

2011-2021
Flag
GDP PC GROWTH
: 3.55%, CURRENT US$
Rnk 116 / 182

United Kingdom-Austria In 2021, United Kingdom exported $2.72B to Austria. The main products that United Kingdom exported to Austria are Gold ($678M), Cars ($196M), and Packaged Medicaments ($169M). During the last 26 years the exports of United Kingdom to Austria have increased at an annualized rate of 1.69%, from $1.76B in 1995 to $2.72B in 2021.

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 2021, Austria exported $5.22B to United Kingdom. The main products that Austria exported to United Kingdom were Cars ($551M), Gold ($336M), and Motor vehicles; parts and accessories (8701 to 8705) ($202M). During the last 26 years the exports of Austria to United Kingdom have increased at an annualized rate of 4.37%, from $1.72B in 1995 to $5.22B in 2021.

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 2021,  United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.43), and 13 in total exports ($420B). That same year, Austria ranked 9 in the Economic Complexity Index (ECI 1.5), and 31 in total exports ($198B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2021, United Kingdom exported $2.72B to Austria. The main products exported from United Kingdom to Austria were Gold ($678M), Cars ($196M), and Packaged Medicaments ($169M). During the last 26 years the exports of United Kingdom to Austria have increased at an annualized rate of 1.69%, from $1.76B in 1995 to $2.72B in 2021.

In 2021, Austria exported $5.22B to United Kingdom. The main products exported from Austria to United Kingdom were Cars ($551M), Gold ($336M), and Motor vehicles; parts and accessories (8701 to 8705) ($202M). During the last 26 years the exports of Austria to United Kingdom have increased at an annualized rate of 4.37%, from $1.72B in 1995 to $5.22B in 2021.

Market Competitiveness

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Color

United Kingdom
Top Destination
: United States, $56.1B

Austria
Top Destination
: Germany, $56.4B

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 ($56.1B), Netherlands ($34.6B), and Ireland ($28.4B).

In 2021, countries that imported more from Austria than United Kingdom were Germany ($56.4B), Hungary ($7.99B), and Slovakia ($7.14B).

Comparative Advantage United Kingdom - Austria

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Flow
Scale

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

During 2021, United Kingdom had a large net trade with Austria in the exports of Precious Metals ($752M), Machines ($518M), and Transportation ($378M).

During 2021, Austria had a large net trade with United Kingdom in the exports of Transportation ($1.22B), Machines ($1.21B), and Metals ($592M).

Bilateral Service Trade

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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.

Economic Complexity

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Competitive Landscape

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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.