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2023
Flag → Flag
Exports $262MRnk 88 / 216
2023
Flag → Flag
Top Product $59.1MInsulated Wire
2023
Flag → Flag
Exports $1.17BRnk 30 / 213
2023
Flag → Flag
Top Product $306MCars
2023
Flag
Economic Complexity (ECI) ECI 0.15Rnk 54 / 132
2023
Flag
Economic Complexity (ECI) ECI 1.56Rnk 8 / 132
2023
Flag  
GDP$514BCURRENT US$
Rnk 27 / 195
2013-2023
Flag
GDP GROWTH28.5%CURRENT US$
Rnk 118 / 195
2023
Flag
 GDP$512BCURRENT US$
Rnk 29 / 195
2013-2023
Flag
GDP GROWTH20%CURRENT US$
Rnk 141 / 195
2023
Flag
GDP PC $49,041CURRENT US$
Rnk 27 / 195
2013-2023
Flag
GDP PC GROWTH-5.73%CURRENT US$
Rnk 161 / 195
2023
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GDP PC$56,034CURRENT US$
Rnk 18 / 196
2013-2023
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GDP PC GROWTH11.4%CURRENT US$
Rnk 131 / 195

About

United Arab Emirates-Austria Trade: In 2023, United Arab Emirates exported $262M to Austria. The main products that United Arab Emirates exported to Austria were Insulated Wire ($59.1M), Crude Petroleum ($54.6M), and Raw Aluminium ($43.5M). Over the past 5 years the exports of United Arab Emirates to Austria have increased at an annualized rate of 17.7%, from $116M in 2018 to $262M in 2023.

In 2023, United Arab Emirates did not export any services to Austria.

Austria-United Arab Emirates Trade: In 2023, Austria exported $1.17B to United Arab Emirates. The main products that Austria exported to United Arab Emirates were Cars ($306M), Blank Audio Media ($108M), and Electrical Transformers ($35.8M). Over the past 5 years the exports of Austria to United Arab Emirates have increased at an annualized rate of 3.99%,  from $965M in 2018 to $1.17B in 2023.

In 2023, Austria did not export any services to United Arab Emirates.

Comparison: In 2023,  United Arab Emirates ranked 54 in the Economic Complexity Index (ECI 0.15), and 21 in total exports ($357B). That same year, Austria ranked 8 in the Economic Complexity Index (ECI 1.56), and 31 in total exports ($204B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, United Arab Emirates exported $262M to Austria. The main products exported from United Arab Emirates to Austria were Insulated Wire ($59.1M), Crude Petroleum ($54.6M), and Raw Aluminium ($43.5M). During the last 5 years the exports of United Arab Emirates to Austria have increased at an annualized rate of 17.7%, from $116M in 2018 to $262M in 2023.

In 2018, Austria exported $1.17B to United Arab Emirates. The main products exported from Austria to United Arab Emirates were Cars ($306M), Blank Audio Media ($108M), and Electrical Transformers ($35.8M). During the last 5 years the exports of Austria to United Arab Emirates have increased at an annualized rate of 3.99%, from $965M in 2023 to $1.17B in 2018.

Exports from United Arab Emirates (Flag) to Austria (Flag) (2023)

Exports from Austria (Flag) to United Arab Emirates (Flag) (2023)

Latest Data

Trade between United Arab Emirates (Flag) and Austria (Flag)

United Arab Emirates Exports

Austria Exports

Market Competitiveness

Color
United Arab Emirates
Top DestinationChina$40.2B
Austria
Top DestinationGermany$51B

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

In 2023, countries that imported more from United Arab Emirates than Austria included India ($38.2B), Japan ($37.4B), and China ($40.2B).

In 2023, countries that imported more from Austria than United Arab Emirates included Germany ($51B), United States ($18.1B), and Italy ($13.5B).

Difference in imports from Austria (Flag) and United Arab Emirates (Flag) (2023)

Comparative Advantage United Arab Emirates - Austria

Flow
Scale

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

During 2023, United Arab Emirates had a large net trade with Austria in the exports of Machines ($78.3M), Mineral Products ($56.7M), and Metals ($50.4M).

During 2018, Austria had a large net trade with United Arab Emirates in the exports of Machines ($407M), Transportation ($360M), and Chemical Products ($75.1M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Arab Emirates Austria+$55.5MRefined Petroleum
Top Product Potential Austria United Arab Emirates+$70.8MCars

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of United Arab Emirates and Austria. This means that a dot/product with the flag of United Arab Emirates indicates it has a comparative advantage over Austria. Similarly, a dot/product with the flag of Austria indicates it has a comparative advantage over United Arab Emirates.

Product Space of United Arab Emirates (Flag) and Austria (Flag) (2023)

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