Austria (AUT) and Brazil (BRA) Trade | The Observatory of Economic Complexity

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Austria-Brazil Trade: In 2023, Austria exported $1.34B to Brazil. The main products that Austria exported to Brazil were Flavored Water ($192M), Vaccines, blood, antisera, toxins and cultures ($166M), and Packaged Medicaments ($94.7M). Over the past 5 years the exports of Austria to Brazil have increased at an annualized rate of 1.44%, from $1.25B in 2018 to $1.34B in 2023.

In 2020, Austria exported services to Brazil worth $66.2M, with Other business services ($21.7M), Transportation ($12.6M), and Travel ($11.4M) being the largest in terms of value.

Brazil-Austria Trade: In 2023, Brazil exported $360M to Austria. The main products that Brazil exported to Austria were Ferroalloys ($49.8M), Crude Petroleum ($37.5M), and Fruit Juice ($35M). Over the past 5 years the exports of Brazil to Austria have increased at an annualized rate of 0.094%, from $358M in 2018 to $360M in 2023.

In 2023, Brazil did not export any services to Austria.

Comparison: In 2023, Austria ranked 8 in the Economic Complexity Index (ECI 1.56), and 31 in total exports ($204B). That same year, Brazil ranked 49 in the Economic Complexity Index (ECI 0.31), and 22 in total exports ($355B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Austria exported $1.34B to Brazil. The main products exported from Austria to Brazil were Flavored Water ($192M), Vaccines, blood, antisera, toxins and cultures ($166M), and Packaged Medicaments ($94.7M). During the last 5 years the exports of Austria to Brazil have increased at an annualized rate of 1.44%, from $1.25B in 2018 to $1.34B in 2023.

In 2018, Brazil exported $360M to Austria. The main products exported from Brazil to Austria were Ferroalloys ($49.8M), Crude Petroleum ($37.5M), and Fruit Juice ($35M). During the last 5 years the exports of Brazil to Austria have increased at an annualized rate of 0.094%, from $358M in 2023 to $360M in 2018.

Exports from Austria () to Brazil () (2023)

Exports from Brazil () to Austria () (2023)

Latest Data

Trade between Austria () and Brazil ()

Austria Exports

Date

Brazil Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Austria
Top DestinationGermany$51B

Brazil
Top DestinationChina$106B

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

In 2023, countries that imported more from Austria than Brazil included Germany ($51B), Switzerland ($10.9B), and Italy ($13.5B).

In 2023, countries that imported more from Brazil than Austria included China ($106B), United States ($37B), and Argentina ($17.2B).

Difference in imports from Brazil () and Austria () (2023)

Comparative Advantage Austria - Brazil

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Austria had a large net trade with Brazil in the exports of Machines ($318M), Chemical Products ($300M), and Foodstuffs ($217M).

During 2018, Brazil had a large net trade with Austria in the exports of Metals ($88.6M), Mineral Products ($60.7M), and Foodstuffs ($46.1M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Austria Brazil+$51.4MVaccines, blood, antisera, toxins and cultures

Top Product Potential Brazil Austria+$9.11MPlanes, Helicopters, and/or Spacecraft

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Austria () to Brazil () (2023)

Exports from Brazil () to Austria () (2023)

Latest Data

Trade between Austria () and Brazil ()

Austria Exports

Brazil Exports

Market Competitiveness

Difference in imports from Brazil () and Austria () (2023)

Comparative Advantage Austria - Brazil

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Austria () and Brazil () (2023)

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