Austria (AUT) and Argentina (ARG) Trade | The Observatory of Economic Complexity

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Austria-Argentina In 2022, Austria exported $230M to Argentina. The main products that Austria exported to Argentina are Coal Briquettes ($22.1M), Flavored Water ($21.8M), and Vaccines, blood, antisera, toxins and cultures ($19.5M). During the last 27 years the exports of Austria to Argentina have increased at an annualized rate of 3.32%, from $95.1M in 1995 to $230M in 2022.

In 2020, Austria exported services to Argentina worth $13.7M, with Other business services ($8M), Transportation ($2.28M), and Government services, n.i.e. ($1.14M) being the largest in terms of value.

Argentina-Austria In 2022, Argentina exported $66.3M to Austria. The main products that Argentina exported to Austria were Tanned Equine and Bovine Hides ($57.4M), Engine Parts ($2.02M), and Vaccines, blood, antisera, toxins and cultures ($1.46M). During the last 27 years the exports of Argentina to Austria have increased at an annualized rate of 5.16%, from $17M in 1995 to $66.3M in 2022.

In 2022, Argentina did not export any services to Austria.

Comparison In 2022, Austria ranked 8 in the Economic Complexity Index (ECI 1.48), and 32 in total exports ($209B). That same year, Argentina ranked 56 in the Economic Complexity Index (ECI 0.11), and 47 in total exports ($87.2B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Austria exported $230M to Argentina. The main products exported from Austria to Argentina were Coal Briquettes ($22.1M), Flavored Water ($21.8M), and Vaccines, blood, antisera, toxins and cultures ($19.5M). During the last 27 years the exports of Austria to Argentina have increased at an annualized rate of 3.32%, from $95.1M in 1995 to $230M in 2022.

In 2022, Argentina exported $66.3M to Austria. The main products exported from Argentina to Austria were Tanned Equine and Bovine Hides ($57.4M), Engine Parts ($2.02M), and Vaccines, blood, antisera, toxins and cultures ($1.46M). During the last 27 years the exports of Argentina to Austria have increased at an annualized rate of 5.16%, from $17M in 1995 to $66.3M in 2022.

Exports from Austria () to Argentina () (2022)

Exports from Argentina () to Austria () (2022)

Latest Data

Trade between Austria () and Argentina ()

Austria Exports

Date

Argentina Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Austria
Top DestinationGermany$57.7B

Argentina
Top DestinationBrazil$12.6B

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

In 2021, countries that imported more from Austria than Argentina were Germany ($57.7B), Italy ($13.6B), and Hungary ($10.4B).

In 2021, countries that imported more from Argentina than Austria were Brazil ($12.6B), Chile ($5.11B), and India ($4.38B).

Difference in imports from Argentina () and Austria () (2022)

Comparative Advantage Austria - Argentina

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Austria had a large net trade with Argentina in the exports of Machines ($69.9M), Chemical Products ($43.7M), and Foodstuffs ($26M).

During 2022, Argentina had a large net trade with Austria in the exports of Animal Hides ($57.7M), Machines ($2.12M), and Chemical Products ($1.65M).

Service Trade

Bilateral Service Trade

Aut Year

In 2020, Austria exported services to Argentina worth $13.7M, with Other business services ($8M), Transportation ($2.28M), and Government services, n.i.e. ($1.14M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Austria () to Argentina () (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 Austria has comparative advantage over Argentina. Similarly, the more yellow a dot/product is, the more Argentina has comparative advantage over Austria.

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Historical Data

Bilateral Trade by Products

Exports from Austria () to Argentina () (2022)

Exports from Argentina () to Austria () (2022)

Latest Data

Trade between Austria () and Argentina ()

Austria Exports

Argentina Exports

Market Competitiveness

Difference in imports from Argentina () and Austria () (2022)

Comparative Advantage Austria - Argentina

Service Trade

Bilateral Service Trade

Services Exports from Austria () to Argentina () (2020)

Economic Complexity

Competitive Landscape

Product Space of Austria () and Argentina () (2022)

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