Flag United States / Austria Flag

2019
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Exports
: $6.44B, Rnk 39 / 218

2019
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Top Product
: $1.55B, Hormones

2019
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Exports
: $11.7B, Rnk 2 / 212

2019
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Top Product
: $1.27B, Cars

2019
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Economic Complexity (ECI)
: ECI 1.58, Rnk 10 / 146

2019
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Economic Complexity (ECI)
: ECI 1.59, Rnk 9 / 146

2019
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GDP
: $21.4T, CURRENT US$
Rnk 1 / 187

2009-2019
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GDP GROWTH
: 48.3%, CURRENT US$
Rnk 96 / 187

2019
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 GDP
: $445B, CURRENT US$
Rnk 27 / 187

2009-2019
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GDP GROWTH
: 11.2%, CURRENT US$
Rnk 160 / 187

2019
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GDP PC 
: $65,298, CURRENT US$
Rnk 8 / 187

2009-2019
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GDP PC GROWTH
: 38.6%, CURRENT US$
Rnk 76 / 187

2019
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GDP PC
: $50,138, CURRENT US$
Rnk 15 / 187

2009-2019
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GDP PC GROWTH
: 4.53%, CURRENT US$
Rnk 146 / 187

United States-Austria In 2019, United States exported $6.44B to Austria. The main products that United States exported to Austria are Hormones ($1.55B), Blood, antisera, vaccines, toxins and cultures ($1.28B), and Planes, Helicopters, and/or Spacecraft ($356M). During the last 24 years the exports of United States to Austria have increased at an annualized rate of 4.2%, from $2.4B in 1995 to $6.44B in 2019.

In 2017, United States exported services to Austria worth $1.38B, with Travel ($611M), Royalties and license fees ($282M), and Transportation ($241M) being the largest in terms of value.

Austria-United States In 2019, Austria exported $11.7B to United States . The main products that Austria exported to United States were Cars ($1.27B), Flavored Water ($1.05B), and Blood, antisera, vaccines, toxins and cultures ($575M). During the last 24 years the exports of Austria to United States have increased at an annualized rate of 7.94%, from $1.87B in 1995 to $11.7B in 2019.

In 2019, Austria exported services to United States worth $948M, with Other business services ($621M), Royalties and license fees ($228M), and Computer and information services ($62.7M) being the largest in terms of value.

Comparison In 2019,  United States ranked 10 in the Economic Complexity Index (ECI 1.58), and 2 in total exports ($1.51T). That same year, Austria ranked 9 in the Economic Complexity Index (ECI 1.59), and 31 in total exports ($172B).

Historical Data

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Bilateral Trade by Products

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Depth
Value
Compare to

In 2019, United States exported $6.44B to Austria. The main products exported from United States to Austria were Hormones ($1.55B), Blood, antisera, vaccines, toxins and cultures ($1.28B), and Planes, Helicopters, and/or Spacecraft ($356M). During the last 24 years the exports of United States to Austria have increased at an annualized rate of 4.2%, from $2.4B in 1995 to $6.44B in 2019.

In 2019, Austria exported $11.7B to United States. The main products exported from Austria to United States were Cars ($1.27B), Flavored Water ($1.05B), and Blood, antisera, vaccines, toxins and cultures ($575M). During the last 24 years the exports of Austria to United States have increased at an annualized rate of 7.94%, from $1.87B in 1995 to $11.7B in 2019.

United States Exports

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Austria Exports

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Market Competitiveness

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Measure

United States
Top Destination
: Canada, $252B

Austria
Top Destination
: Germany, $48.4B

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

In 2019, countries that imported more from United States than Austria were Canada ($252B), Mexico ($235B), and China ($103B).

In 2019, countries that imported more from Austria than United States were Hungary ($6.56B), Slovenia ($3.57B), and Slovakia ($3.48B).

Comparative Advantage United States - Austria

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Depth

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

During 2019, United States had a large net trade with Austria in the exports of Chemical Products ($3.25B), Machines ($813M), and Transportation ($753M).

During 2019, Austria had a large net trade with United States in the exports of Machines ($4.05B), Transportation ($2B), and Chemical Products ($1.39B).

Tariff Section

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This section shows import tariffs for products traded between United States and Austria (using the HS6 product classification and the last year reported).

In 2018, the products from United States that paid the highest import tariffs to enter Austria were Tobacco: smoking, other than water pipe tobacco, whether or not containing tobacco substitutes in any proportion (350%) and Homogenized or reconstituted tobacco (350%).

In 2017, the products from Austria that paid the highest import tariffs to enter United States were Sugar beet (178%) and Whey (173%).

*The tariffs present between United States and Austria are:
136: Most Favoured Nation duty rate treatement
136: Most Favoured Nation duty rate treatement

Bilateral Service Trade

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In 2017, United States exported services to Austria worth $1.38B, with Travel ($611M), Royalties and license fees ($282M), and Transportation ($241M) being the largest in terms of value.

In 2019, Austria exported services to United States worth $948M, with Other business services ($621M), Royalties and license fees ($228M), and Computer and information services ($62.7M) 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 red.  This mean that the more blue a dot/product is, the more United States has comparative advantage over Austria. Similarly, the more red a dot/product is, the more Austria has comparative advantage over United States.