HS Icon Cars in  Flag Austria

2019
Exports | Imports
: $8.78B | $9.35B, World Rnk 19 / 221
Flag Rnk 1 / 1211 | World Rnk 20 / 225
Flag Rnk 1 / 1212

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $445M | $144M, Belgium |  South Africa

2019
ECONOMIC COMPLEXITY of Austria
: 1.57, Rnk 10 / 147

2019
PRODUCT COMPLEXITY  IN Cars
: 0.84, Rnk 237 / 1029

Exports In 2019, Austria exported $8.78B in Cars, making it the 19th largest exporter of Cars in the world. At the same year, Cars was the 1st most exported product in Austria. The main destination of Cars exports from Austria are: Germany ($1.33B), United States ($1.27B), United Kingdom ($914M), Belgium ($635M), and Japan ($386M).

The fastest growing export markets for Cars of Austria between 2018 and 2019 were Belgium ($445M), United Kingdom ($289M), and China ($158M).

Imports In 2019, Austria imported $9.35B in Cars, becoming the 20th largest importer of Cars in the world. At the same year, Cars was the 1st most imported product in Austria. Austria imports Cars primarily from: Germany ($3.38B), Czechia ($693M), Slovakia ($690M), Spain ($652M), and Belgium ($549M).

The fastest growing import markets in Cars for Austria between 2018 and 2019 were South Africa ($144M), Hungary ($92.2M), and Belgium ($70.7M).

Tariffs In 1990, the average tariff for Austria in Cars was 35%. The countries with the highest import tariffs for Cars were Angola (Most Favoured Nation duty rate treatement, 35%), Burundi (Most Favoured Nation duty rate treatement, 35%), Benin (Most Favoured Nation duty rate treatement, 35%), Burkina Faso (Most Favoured Nation duty rate treatement, 35%), and Botswana (Most Favoured Nation duty rate treatement, 35%).

Historical Data

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EXPORTS (2019): $8.78B

IMPORTS (2019): $9.35B

NET TRADE (2019): -$574M

In 2019, Austria exported $8.78B in Cars. The main destinations of Austria exports on Cars were Germany ($1.33B), United States ($1.27B), United Kingdom ($914M), Belgium ($635M), and Japan ($386M).

In 2019, Austria imported $9.35B in Cars, mainly from Germany ($3.38B), Czechia ($693M), Slovakia ($690M), Spain ($652M), and Belgium ($549M).

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IN 2019, Austria HAD A POSITIVE NET TRADE IN Cars WITH:

IN 2019, Austria HAD A NEGATIVE NET TRADE IN Cars WITH:

Flow

THE FASTEST GROWING Cars EXPORT MARKETS FOR Austria WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY Austria WERE (2018 - 2019):

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Market Concentration

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Type

In 2019, Austria' main exporting competitors in Cars were:

In 2019, Austria' main importing competitors in Cars were:

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Tariffs by Country

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In 1990, the average tariff for Austria in Cars was 35%.

The countries with the highest tariffs for Cars in Austria were Angola (Most Favoured Nation duty rate treatement, 35%), Burundi (Most Favoured Nation duty rate treatement, 35%), Benin (Most Favoured Nation duty rate treatement, 35%), Burkina Faso (Most Favoured Nation duty rate treatement, 35%), and Botswana (Most Favoured Nation duty rate treatement, 35%).