Flag Ireland / Austria Flag

2021
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Exports
: $641M, Rnk 37 / 206

2021
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Top Product
: $149M, Broadcasting Equipment

2021
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Exports
: $519M, Rnk 45 / 217

2021
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Top Product
: $40.3M, Vaccines, blood, antisera, toxins and cultures

2021
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Economic Complexity (ECI)
: ECI 1.29, Rnk 17 / 131

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

2021
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GDP
: $499B, CURRENT US$
Rnk 25 / 182

2011-2021
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GDP GROWTH
: 109%, CURRENT US$
Rnk 13 / 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 
: $99,152, CURRENT US$
Rnk 3 / 182

2011-2021
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GDP PC GROWTH
: 90%, CURRENT US$
Rnk 8 / 182

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

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

Ireland-Austria In 2021, Ireland exported $641M to Austria. The main products that Ireland exported to Austria are Broadcasting Equipment ($149M), Packaged Medicaments ($82.7M), and Scented Mixtures ($64.4M). During the last 26 years the exports of Ireland to Austria have increased at an annualized rate of 2.39%, from $347M in 1995 to $641M in 2021.

In 2020, Ireland exported services to Austria worth $200M, with Other business services ($103M), Financial services ($30.8M), and Transportation ($29.7M) being the largest in terms of value.

Austria-Ireland In 2021, Austria exported $519M to Ireland. The main products that Austria exported to Ireland were Vaccines, blood, antisera, toxins and cultures ($40.3M), Cars ($31.7M), and Carboxylic Acids ($25.9M). During the last 26 years the exports of Austria to Ireland have increased at an annualized rate of 5.44%, from $131M in 1995 to $519M in 2021.

In 2020, Austria exported services to Ireland worth $1.1B, with Other business services ($379M), Computer and information services ($275M), and Transportation ($169M) being the largest in terms of value.

Comparison In 2021,  Ireland ranked 17 in the Economic Complexity Index (ECI 1.29), and 30 in total exports ($212B). 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, Ireland exported $641M to Austria. The main products exported from Ireland to Austria were Broadcasting Equipment ($149M), Packaged Medicaments ($82.7M), and Scented Mixtures ($64.4M). During the last 26 years the exports of Ireland to Austria have increased at an annualized rate of 2.39%, from $347M in 1995 to $641M in 2021.

In 2021, Austria exported $519M to Ireland. The main products exported from Austria to Ireland were Vaccines, blood, antisera, toxins and cultures ($40.3M), Cars ($31.7M), and Carboxylic Acids ($25.9M). During the last 26 years the exports of Austria to Ireland have increased at an annualized rate of 5.44%, from $131M in 1995 to $519M in 2021.

Market Competitiveness

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Color

Ireland
Top Destination
: United States, $59.8B

Austria
Top Destination
: Germany, $56.4B

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

In 2021, countries that imported more from Ireland than Austria were United States ($59.8B), United Kingdom ($19.7B), and Belgium ($13.6B).

In 2021, countries that imported more from Austria than Ireland were Germany ($56.4B), Hungary ($7.99B), and Italy ($13.1B).

Comparative Advantage Ireland - Austria

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Flow
Scale

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

During 2021, Ireland had a large net trade with Austria in the exports of Chemical Products ($254M), Machines ($247M), and Foodstuffs ($37.4M).

During 2021, Austria had a large net trade with Ireland in the exports of Chemical Products ($138M), Machines ($97.2M), and Transportation ($69.6M).

Bilateral Service Trade

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In 2020, Ireland exported services to Austria worth $200M, with Other business services ($103M), Financial services ($30.8M), and Transportation ($29.7M) being the largest in terms of value.

In 2020, Austria exported services to Ireland worth $1.1B, with Other business services ($379M), Computer and information services ($275M), and Transportation ($169M) 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 Ireland has comparative advantage over Austria. Similarly, the more yellow a dot/product is, the more Austria has comparative advantage over Ireland.