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2023
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Exports $2.86BRnk 32 / 211
2023
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Top Product $422MCars
2023
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Exports $2.11BRnk 21 / 213
2023
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Top Product $620MCars
2023
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Economic Complexity (ECI) ECI 2.07Rnk 1 / 132
2023
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Economic Complexity (ECI) ECI 1.56Rnk 8 / 132
2023
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GDP$4.2TCURRENT US$
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2013-2023
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GDP GROWTH-19.3%CURRENT US$
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2023
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 GDP$512BCURRENT US$
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2013-2023
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GDP GROWTH20%CURRENT US$
Rnk 141 / 195
2023
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GDP PC $33,767CURRENT US$
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2013-2023
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GDP PC GROWTH-17.4%CURRENT US$
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2023
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GDP PC$56,034CURRENT US$
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2013-2023
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GDP PC GROWTH11.4%CURRENT US$
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About

Japan-Austria Trade: In 2023, Japan exported $2.86B to Austria. The main products that Japan exported to Austria were Cars ($422M), Large Construction Vehicles ($203M), and Machinery Having Individual Functions ($181M). Over the past 5 years the exports of Japan to Austria have increased at an annualized rate of 3.12%, from $2.45B in 2018 to $2.86B in 2023.

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

Austria-Japan Trade: In 2023, Austria exported $2.11B to Japan. The main products that Austria exported to Japan were Cars ($620M), Packaged Medicaments ($78.1M), and Machinery Having Individual Functions ($72.9M). Over the past 5 years the exports of Austria to Japan have increased at an annualized rate of 2.03%,  from $1.9B in 2018 to $2.11B in 2023.

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 2023,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($766B). That same year, Austria ranked 8 in the Economic Complexity Index (ECI 1.56), and 31 in total exports ($204B).

Latest Trends

November, 2024

About

Overview In November 2024, Japan exported ¥15.2B and imported ¥21.7B from Austria, resulting in a negative trade balance of ¥6.51B. Between November 2023 and November 2024 the exports of Japan have decreased by ¥-2.4B (-13.7%) from ¥17.6B to ¥15.2B, while imports decreased by ¥-5.41B (-20%) from ¥27.1B to ¥21.7B.

Trade In November 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 November 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 November 2024 the exports of Japan were mainly from Osaka (¥3.69B), Chiba (¥3.65B), Aichi (¥2.67B), Hiroshima (¥1.17B), and Shizuoka (¥1.11B), while imports destinations were mainly Ibaraki (¥5.33B), Tokyo (¥4.85B), Chiba (¥3.54B), Aichi (¥2.99B), and Osaka (¥2.16B).

Growth In November 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 November 2024, the decrease in Japan's year-by-year imports  from Austria was explained primarily by an decrease in product imports  in Sawn Wood (¥-977M or -41.8%), Wood Carpentry (¥-929M or -68.5%), and Liquid Pumps (¥-255M or -52.5%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)¥-2.4B(-13.7%)
IMPORT GROWTH (November 2023 - November 2024)¥-5.41B(-20%)
MAIN EXPORTER (November 2024)Osaka¥3.69B

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 2023, Japan exported $2.86B to Austria. The main products exported from Japan to Austria were Cars ($422M), Large Construction Vehicles ($203M), and Machinery Having Individual Functions ($181M). During the last 5 years the exports of Japan to Austria have increased at an annualized rate of 3.12%, from $2.45B in 2018 to $2.86B in 2023.

In 2018, Austria exported $2.11B to Japan. The main products exported from Austria to Japan were Cars ($620M), Packaged Medicaments ($78.1M), and Machinery Having Individual Functions ($72.9M). During the last 5 years the exports of Austria to Japan have increased at an annualized rate of 2.03%, from $1.9B in 2023 to $2.11B in 2018.

Exports from Japan (Flag) to Austria (Flag) (2023)

Exports from Austria (Flag) to Japan (Flag) (2023)

Market Competitiveness

Color
Japan
Top DestinationUnited States$143B
Austria
Top DestinationGermany$51B

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 2023, countries that imported more from Japan than Austria included China ($138B), United States ($143B), and Chinese Taipei ($43B).

In 2023, countries that imported more from Austria than Japan included Germany ($51B), Italy ($13.5B), and Hungary ($8.42B).

Difference in imports from Austria (Flag) and Japan (Flag) (2023)

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 2023, Japan had a large net trade with Austria in the exports of Machines ($1.12B), Transportation ($567M), and Chemical Products ($439M).

During 2018, Austria had a large net trade with Japan in the exports of Transportation ($711M), Machines ($474M), and Chemical Products ($219M).

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) (2023)

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