Iran / Austria

Iran-Austria Trade: In 2023, Iran exported $16.3M to Austria. The main products that Iran exported to Austria were Styrene Polymers ($2.08M), Nitrogen Heterocyclic Compounds ($1.81M), and Other Nuts ($1.66M). Over the past 5 years the exports of Iran to Austria have decreased at an annualized rate of 50.3%, from $538M in 2018 to $16.3M in 2023.

In 2023, Iran did not export any services to Austria.

Austria-Iran Trade: In 2023, Austria exported $164M to Iran. The main products that Austria exported to Iran were Other Heating Machinery ($24.9M), Packaged Medicaments ($20M), and Vaccines, blood, antisera, toxins and cultures ($17.3M). Over the past 5 years the exports of Austria to Iran have decreased at an annualized rate of 22.6%,  from $591M in 2018 to $164M in 2023.

In 2011, Austria exported services to Iran worth $113M, with Construction services ($52.9M), Transportation ($22.3M), and Royalties and license fees ($20.9M) being the largest in terms of value.

Comparison: In 2023,  Iran ranked 58 in the Economic Complexity Index (ECI 0.084), and 92 in total exports ($13.2B). That same year, Austria ranked 8 in the Economic Complexity Index (ECI 1.56), and 31 in total exports ($204B).