Flag United Kingdom / Austria Flag

2020
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Exports
: $2.69B, Rnk 27 / 221

2020
FlagFlag
Top Product
: $676M, Gold

2020
FlagFlag
Exports
: $4.54B, Rnk 10 / 213

2020
FlagFlag
Top Product
: $817M, Cars

2020
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Economic Complexity (ECI)
: ECI 1.42, Rnk 13 / 127

2020
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Economic Complexity (ECI)
: ECI 1.52, Rnk 10 / 127

2020
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GDP
: $2.76T, CURRENT US$
Rnk 5 / 195

2010-2020
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GDP GROWTH
: 10.8%, CURRENT US$
Rnk 136 / 195

2020
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 GDP
: $433B, CURRENT US$
Rnk 25 / 195

2010-2020
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GDP GROWTH
: 10.6%, CURRENT US$
Rnk 138 / 195

2020
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GDP PC 
: $41,059, CURRENT US$
Rnk 24 / 195

2010-2020
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GDP PC GROWTH
: 3.45%, CURRENT US$
Rnk 124 / 195

2020
Flag
GDP PC
: $48,587, CURRENT US$
Rnk 17 / 195

2010-2020
Flag
GDP PC GROWTH
: 3.69%, CURRENT US$
Rnk 123 / 195

United Kingdom-Austria In 2020, United Kingdom exported $2.69B to Austria. The main products that United Kingdom exported to Austria are Gold ($676M), Cars ($185M), and Packaged Medicaments ($128M). During the last 25 years the exports of United Kingdom to Austria have increased at an annualized rate of 1.7%, from $1.76B in 1995 to $2.69B in 2020.

In 2018, United Kingdom exported services to Austria worth $2.81B, with Travel ($1.92B), Other business services ($534M), and Financial services ($290M) being the largest in terms of value.

Austria-United Kingdom In 2020, Austria exported $4.54B to United Kingdom . The main products that Austria exported to United Kingdom were Cars ($817M), Vehicle Parts ($154M), and Packaged Medicaments ($112M). During the last 25 years the exports of Austria to United Kingdom have increased at an annualized rate of 3.93%, from $1.73B in 1995 to $4.54B in 2020.

In 2019, Austria exported services to United Kingdom worth $1.31B, with Other business services ($692M), Computer and information services ($383M), and Royalties and license fees ($112M) being the largest in terms of value.

Comparison In 2020,  United Kingdom ranked 13 in the Economic Complexity Index (ECI 1.42), and 11 in total exports ($371B). That same year, Austria ranked 10 in the Economic Complexity Index (ECI 1.52), and 31 in total exports ($160B).

Historical Data

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Bilateral Trade by Products

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Depth
Value
Compare to

In 2020, United Kingdom exported $2.69B to Austria. The main products exported from United Kingdom to Austria were Gold ($676M), Cars ($185M), and Packaged Medicaments ($128M). During the last 25 years the exports of United Kingdom to Austria have increased at an annualized rate of 1.7%, from $1.76B in 1995 to $2.69B in 2020.

In 2020, Austria exported $4.54B to United Kingdom. The main products exported from Austria to United Kingdom were Cars ($817M), Vehicle Parts ($154M), and Packaged Medicaments ($112M). During the last 25 years the exports of Austria to United Kingdom have increased at an annualized rate of 3.93%, from $1.73B in 1995 to $4.54B in 2020.

Market Competitiveness

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Measure

United Kingdom
Top Destination
: United States, $51.7B

Austria
Top Destination
: Germany, $46.6B

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 2019, countries that imported more from United Kingdom than Austria were United States ($51.7B), Ireland ($26.8B), and Netherlands ($25.1B).

In 2019, countries that imported more from Austria than United Kingdom were Germany ($46.6B), Hungary ($6.06B), and Slovenia ($3.19B).

Comparative Advantage United Kingdom - Austria

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Flow

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

During 2020, United Kingdom had a large net trade with Austria in the exports of Precious Metals ($696M), Machines ($533M), and Chemical Products ($320M).

During 2020, Austria had a large net trade with United Kingdom in the exports of Transportation ($1.33B), Machines ($1.07B), and Metals ($496M).

Bilateral Service Trade

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In 2018, United Kingdom exported services to Austria worth $2.81B, with Travel ($1.92B), Other business services ($534M), and Financial services ($290M) being the largest in terms of value.

In 2019, Austria exported services to United Kingdom worth $1.31B, with Other business services ($692M), Computer and information services ($383M), and Royalties and license fees ($112M) 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 red.  This mean that the more blue a dot/product is, the more United Kingdom has comparative advantage over Austria. Similarly, the more red a dot/product is, the more Austria has comparative advantage over United Kingdom.