Flag United States / Austria Flag

2020
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Exports
: $4.31B, Rnk 43 / 218

2020
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Top Product
: $1.06B, Vaccines, blood, antisera, toxins and cultures

2020
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Exports
: $10.6B, Rnk 2 / 213

2020
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Top Product
: $1.12B, Flavored Water

2020
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Economic Complexity (ECI)
: ECI 1.56, Rnk 9 / 127

2020
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Economic Complexity (ECI)
: ECI 1.52, Rnk 10 / 127

2020
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GDP
: $21T, CURRENT US$
Rnk 1 / 195

2010-2020
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GDP GROWTH
: 39.8%, CURRENT US$
Rnk 78 / 195

2020
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 GDP
: $433B, CURRENT US$
Rnk 25 / 195

2010-2020
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GDP GROWTH
: 10.6%, CURRENT US$
Rnk 138 / 195

2020
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GDP PC 
: $63,593, CURRENT US$
Rnk 8 / 195

2010-2020
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GDP PC GROWTH
: 31.2%, CURRENT US$
Rnk 57 / 195

2020
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GDP PC
: $48,587, CURRENT US$
Rnk 17 / 195

2010-2020
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GDP PC GROWTH
: 3.69%, CURRENT US$
Rnk 123 / 195

United States-Austria In 2020, United States exported $4.31B to Austria. The main products that United States exported to Austria are Vaccines, blood, antisera, toxins and cultures ($1.06B), Planes, Helicopters, and/or Spacecraft ($435M), and Cars ($220M). During the last 25 years the exports of United States to Austria have increased at an annualized rate of 1.66%, from $2.85B in 1995 to $4.31B in 2020.

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 2020, Austria exported $10.6B to United States. The main products that Austria exported to United States were Flavored Water ($1.12B), Cars ($994M), and Vaccines, blood, antisera, toxins and cultures ($639M). During the last 25 years the exports of Austria to United States have increased at an annualized rate of 7.26%, from $1.84B in 1995 to $10.6B in 2020.

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 2020,  United States ranked 9 in the Economic Complexity Index (ECI 1.56), and 2 in total exports ($1.34T). That same year, Austria ranked 10 in the Economic Complexity Index (ECI 1.52), and 31 in total exports ($160B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2020, United States exported $4.31B to Austria. The main products exported from United States to Austria were Vaccines, blood, antisera, toxins and cultures ($1.06B), Planes, Helicopters, and/or Spacecraft ($435M), and Cars ($220M). During the last 25 years the exports of United States to Austria have increased at an annualized rate of 1.66%, from $2.85B in 1995 to $4.31B in 2020.

In 2020, Austria exported $10.6B to United States. The main products exported from Austria to United States were Flavored Water ($1.12B), Cars ($994M), and Vaccines, blood, antisera, toxins and cultures ($639M). During the last 25 years the exports of Austria to United States have increased at an annualized rate of 7.26%, from $1.84B in 1995 to $10.6B in 2020.

Market Competitiveness

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Measure

United States
Top Destination
: Canada, $218B

Austria
Top Destination
: Germany, $46.6B

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 ($218B), Mexico ($196B), and China ($122B).

In 2019, countries that imported more from Austria than United States were Hungary ($6.06B), Slovenia ($3.19B), and Slovakia ($3.22B).

Comparative Advantage United States - Austria

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Flow

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

During 2020, United States had a large net trade with Austria in the exports of Chemical Products ($1.58B), Transportation ($784M), and Machines ($595M).

During 2020, Austria had a large net trade with United States in the exports of Machines ($3.36B), Transportation ($1.66B), and Chemical Products ($1.42B).

Bilateral Service Trade

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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.

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.

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 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.