United States (USA) and Austria (AUT) Trade

United States-Austria In 2022, United States exported $4.57B to Austria. The main products that United States exported to Austria are Vaccines, blood, antisera, toxins and cultures ($1.52B), Hormones ($623M), and Coal Briquettes ($281M). During the last 27 years the exports of United States to Austria have increased at an annualized rate of 1.8%, from $2.82B in 1995 to $4.57B in 2022.

In 2017, United States exported services to Austria worth $1.73B, with Travel ($616M), Financial services ($426M), and Royalties and license fees ($180M) being the largest in terms of value.

Austria-United States In 2022, Austria exported $14.4B to United States. The main products that Austria exported to United States were Vaccines, blood, antisera, toxins and cultures ($1.13B), Cars ($829M), and Spark-Ignition Engines ($651M). During the last 27 years the exports of Austria to United States have increased at an annualized rate of 7.85%, from $1.87B in 1995 to $14.4B in 2022.

In 2020, Austria exported services to United States worth $1.65B, with Other business services ($592M), Computer and information services ($396M), and Royalties and license fees ($234M) being the largest in terms of value.

Comparison In 2022, United States ranked 10 in the Economic Complexity Index (ECI 1.41), and 2 in total exports ($1.95T). That same year, Austria ranked 8 in the Economic Complexity Index (ECI 1.48), and 32 in total exports ($209B).

COMPANIES In 2023, leading companies such as ROBERT BOSCH LLC (20.4k), RHI US LTD (16k), and STIHL INCORPORATED (871) were at the forefront of exporting goods from Austria to the United States. Conversely, ROBERT BOSCH (14.5k), ROBERT BOSCH AG (5.25k), and STIHL TIROL GMBH (806) were notable for importing Austria products to the United States.

Latest Trends

January, 2024

About

Overview In January 2024, United States exported $401M and imported $1.39B from Austria, resulting in a negative trade balance of $990M. Between January 2023 and January 2024 the exports of United States have decreased by $-248M (-38.2%) from $649M to $401M, while imports decreased by $-345M (-19.9%) from $1.74B to $1.39B.

Trade In January 2024, the top exports of United States to Austria were Hormones ($265M), Vaccines, blood, antisera, toxins and cultures ($170M), Coal Briquettes ($34.5M), Commodities not elsewhere specified ($33.5M), and Machines and apparatus of a kind... ($9.77M). In January 2024 the top imports of United States from Austria were Vaccines, blood, antisera, toxins and cultures ($300M), Packaged Medicaments ($169M), Cars ($145M), Flavored Water ($66.4M), and Spark-Ignition Engines ($66.2M).

Origins In January 2024 the exports of United States were mainly from Kentucky ($110M), North Carolina ($55.8M), Alabama ($34.2M), New York ($30.8M), and California ($28.8M), while imports destinations were mainly Pennsylvania ($169M), California ($155M), Texas ($126M), South Carolina ($122M), and Georgia ($89.8M).

Growth In January 2024, the decrease in United States's year-by-year exports to Austria was explained primarily by an decrease in product exports in Aircraft Parts ($-56M or -89.5%), Micro-Organism Culture Preparations ($-5.74M or -70%), and Sunflower Seeds ($-5.73M or -89%). In January 2024, the decrease in United States's year-by-year imports from Austria was explained primarily by an decrease in product imports in Cars ($-24.1M or -14.2%), Lifting Machinery ($-13.6M or -37.2%), and Handguns ($-8.69M or -28.6%).

Latest Trade

Flow

Exports

Imports

Time Scale

Year

Quarter

Month

Depth

HS2

HS4

HS6

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)$-248M(-38.2%)

IMPORT GROWTH (January 2023 - January 2024)$-345M(-19.9%)

MAIN EXPORTER (January 2024)Kentucky$110M

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

To check Austria and United States trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Austria and United States Data

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, United States exported $4.57B to Austria. The main products exported from United States to Austria were Vaccines, blood, antisera, toxins and cultures ($1.52B), Hormones ($623M), and Coal Briquettes ($281M). During the last 27 years the exports of United States to Austria have increased at an annualized rate of 1.8%, from $2.82B in 1995 to $4.57B in 2022.

In 2022, Austria exported $14.4B to United States. The main products exported from Austria to United States were Vaccines, blood, antisera, toxins and cultures ($1.13B), Cars ($829M), and Spark-Ignition Engines ($651M). During the last 27 years the exports of Austria to United States have increased at an annualized rate of 7.85%, from $1.87B in 1995 to $14.4B in 2022.

Exports from United States () to Austria () (2022)

Exports from Austria () to United States () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

United States
Top DestinationCanada$308B

Austria
Top DestinationGermany$57.7B

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 2021, countries that imported more from United States than Austria were Canada ($308B), Mexico ($294B), and China ($151B).

In 2021, countries that imported more from Austria than United States were Hungary ($10.4B), Slovakia ($7.4B), and Slovenia ($4.92B).

Difference in imports from Austria () and United States () (2022)

Comparative Advantage United States - Austria

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, United States had a large net trade with Austria in the exports of Chemical Products ($2.46B), Machines ($732M), and Mineral Products ($296M).

During 2022, Austria had a large net trade with United States in the exports of Machines ($5.14B), Chemical Products ($2.11B), and Metals ($1.88B).

Service Trade

Bilateral Service Trade

Aut Year

Usa Year

In 2017, United States exported services to Austria worth $1.73B, with Travel ($616M), Financial services ($426M), and Royalties and license fees ($180M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from United States () to Austria () (2017)

Services Exports from Austria () to United States () (2020)

Economic Complexity

Competitive Landscape

Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more United States has comparative advantage over Austria. Similarly, the more yellow a dot/product is, the more Austria has comparative advantage over United States.

Product Space of United States () and Austria () (2022)

Keep Exploring

United States
Andorra
United States
Belgium
Saint Vincent and the Grenadines
Austria
British Virgin Islands
Austria