Romania / Austria

Romania-Austria In 2021, Romania exported $2.41B to Austria. The main products that Romania exported to Austria are Insulated Wire ($460M), Air Pumps ($112M), and Motor vehicles; parts and accessories (8701 to 8705) ($86.4M). During the last 26 years the exports of Romania to Austria have increased at an annualized rate of 10.7%, from $172M in 1995 to $2.41B in 2021.

In 2020, Romania exported services to Austria worth $1.34B, with Transportation ($863M), Other business services ($239M), and Computer and information services ($110M) being the largest in terms of value.

Austria-Romania In 2021, Austria exported $3.75B to Romania. The main products that Austria exported to Romania were Cars ($218M), Broadcasting Equipment ($158M), and Packaged Medicaments ($153M). During the last 26 years the exports of Austria to Romania have increased at an annualized rate of 10.3%, from $290M in 1995 to $3.75B in 2021.

In 2020, Austria exported services to Romania worth $931M, with Transportation ($198M), Other business services ($188M), and Travel ($183M) being the largest in terms of value.

Comparison In 2021,  Romania ranked 26 in the Economic Complexity Index (ECI 1.07), and 42 in total exports ($90.8B). That same year, Austria ranked 9 in the Economic Complexity Index (ECI 1.5), and 31 in total exports ($198B).