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2022
Flag → Flag
Exports $1.41BRnk 44 / 211
2022
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Top Product $187MCars
2022
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Exports $1.85BRnk 22 / 217
2022
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Top Product $333MCars
2022
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Economic Complexity (ECI) ECI 2.07Rnk 1 / 133
2022
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Economic Complexity (ECI) ECI 1.5Rnk 8 / 133
2022
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GDP$4.23TCURRENT US$
Rnk 3 / 186
2012-2022
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GDP GROWTH-32.5%CURRENT US$
Rnk 182 / 186
2022
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 GDP$471BCURRENT US$
Rnk 32 / 186
2012-2022
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GDP GROWTH15.1%CURRENT US$
Rnk 137 / 186
2022
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GDP PC $33,815CURRENT US$
Rnk 32 / 186
2012-2022
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GDP PC GROWTH-31.2%CURRENT US$
Rnk 178 / 186
2022
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GDP PC$52,131CURRENT US$
Rnk 17 / 186
2012-2022
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GDP PC GROWTH7.34%CURRENT US$
Rnk 124 / 186

About

Japan-Austria Trade: In 2022, Japan exported $1.41B to Austria. The main products that Japan exported to Austria were Cars ($187M), Machinery Having Individual Functions ($185M), and Large Construction Vehicles ($168M). Over the past 5 years the exports of Japan to Austria have decreased at an annualized rate of 2.75%, from $1.63B in 2017 to $1.41B in 2022.

In 2022, Japan did not export any services to Austria.

Austria-Japan Trade: In 2022, Austria exported $1.85B to Japan. The main products that Austria exported to Japan were Cars ($333M), Sawn Wood ($159M), and Metal Mountings ($103M). Over the past 5 years the exports of Austria to Japan have increased at an annualized rate of 3.44%,  from $1.56B in 2017 to $1.85B in 2022.

In 2020, Austria exported services to Japan worth $150M, with Other business services ($78.8M), Travel ($25.1M), and Computer and information services ($17.1M) being the largest in terms of value.

Comparison: In 2022,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($728B). That same year, Austria ranked 8 in the Economic Complexity Index (ECI 1.5), and 32 in total exports ($209B).

Latest Trends

July, 2024

About

Overview In July 2024, Japan exported ¥14.4B and imported ¥37.2B from Austria, resulting in a negative trade balance of ¥22.8B. Between July 2023 and July 2024 the exports of Japan have decreased by ¥-4.48B (-23.7%) from ¥18.9B to ¥14.4B, while imports increased by ¥16.6B (80.9%) from ¥20.6B to ¥37.2B.

Trade In July 2024, the top exports of Japan to Austria were Cars (¥3B), Machines and apparatus of a kind... (¥2.22B), Large Construction Vehicles (¥1.34B), Disc Chemicals for Electronics (¥867M), and Flat Flat-Rolled Steel (¥820M). In July 2024 the top imports of Japan from Austria were Cars (¥4.9B), Sawn Wood (¥1.36B), Packaged Medicaments (¥1.25B), Other Furniture (¥1.19B), and Other Measuring Instruments (¥587M).

Origins In July 2024 the exports of Japan were mainly from Osaka (¥2.94B), Chiba (¥2.88B), Aichi (¥2.57B), Shizuoka (¥2.27B), and Hiroshima (¥1.34B), while imports destinations were mainly Aichi (¥11.1B), Tokyo (¥6.51B), Osaka (¥5.14B), Ibaraki (¥4.96B), and Chiba (¥4.55B).

Growth In July 2024, the decrease in Japan's year-by-year exports to Austria was explained primarily by an decrease in product exports in Machines and apparatus of a kind... (¥-667M or -23.1%), Prepared Pigments (¥-329M or -96.2%), and Motor-working Tools (¥-134M or -96.1%). In July 2024, the increase in Japan's year-by-year imports  from Austria was explained primarily by an increase in product imports  in Packaged Medicaments (¥713M or 132%), Cars (¥713M or 17.1%), and Other Measuring Instruments (¥313M or 114%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (July 2023 - July 2024)¥-4.48B(-23.7%)
IMPORT GROWTH (July 2023 - July 2024)¥16.6B(80.9%)
MAIN EXPORTER (July 2024)Osaka¥2.94B

This section shows exports and imports data at subnational level for Japan. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Japan over time.

To check Austria and Japan trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Austria and Japan Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Japan exported $1.41B to Austria. The main products exported from Japan to Austria were Cars ($187M), Machinery Having Individual Functions ($185M), and Large Construction Vehicles ($168M). During the last 5 years the exports of Japan to Austria have decreased at an annualized rate of 2.75%, from $1.63B in 2017 to $1.41B in 2022.

In 2017, Austria exported $1.85B to Japan. The main products exported from Austria to Japan were Cars ($333M), Sawn Wood ($159M), and Metal Mountings ($103M). During the last 5 years the exports of Austria to Japan have increased at an annualized rate of 3.44%, from $1.56B in 2022 to $1.85B in 2017.

Exports from Japan (Flag) to Austria (Flag) (2022)

Exports from Austria (Flag) to Japan (Flag) (2022)

Market Competitiveness

Color
Japan
Top DestinationUnited States$137B
Austria
Top DestinationGermany$57.7B

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

In 2022, countries that imported more from Japan than Austria included China ($135B), United States ($137B), and South Korea ($50.8B).

In 2022, countries that imported more from Austria than Japan included Germany ($57.7B), Hungary ($10.4B), and Italy ($13.6B).

Difference in imports from Austria (Flag) and Japan (Flag) (2022)

Comparative Advantage Japan - Austria

Flow
Scale

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

During 2022, Japan had a large net trade with Austria in the exports of Machines ($633M), Transportation ($253M), and Chemical Products ($200M).

During 2017, Austria had a large net trade with Japan in the exports of Transportation ($456M), Machines ($373M), and Wood Products ($313M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Japan Austria+$111MCars
Top Product Potential Austria Japan+$97.5MCars

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Bilateral Service Trade

In 2020, Austria exported services to Japan worth $150M, with Other business services ($78.8M), Travel ($25.1M), and Computer and information services ($17.1M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Austria (Flag) to Japan (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Japan and Austria. This means that a dot/product with the flag of Japan indicates it has a comparative advantage over Austria. Similarly, a dot/product with the flag of Austria indicates it has a comparative advantage over Japan.

Product Space of Japan (Flag) and Austria (Flag) (2022)

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