Austria / Canada

Austria-Canada Trade: In 2023, Austria exported $2.13B to Canada. The main products that Austria exported to Canada were Spark-Ignition Engines ($181M), Iron Pipes ($181M), and Vaccines, blood, antisera, toxins and cultures ($124M). Over the past 5 years the exports of Austria to Canada have increased at an annualized rate of 5.79%, from $1.61B in 2018 to $2.13B in 2023.

In 2020, Austria exported services to Canada worth $190M, with Other business services ($86.8M), Computer and information services ($42.3M), and Transportation ($22.8M) being the largest in terms of value.

Canada-Austria Trade: In 2023, Canada exported $489M to Austria. The main products that Canada exported to Austria were Planes, Helicopters, and/or Spacecraft ($224M), Packaged Medicaments ($31.4M), and Gas Turbines ($15M). Over the past 5 years the exports of Canada to Austria have increased at an annualized rate of 8.46%,  from $326M in 2018 to $489M in 2023.

In 2020, Canada exported services to Austria worth $128M, with Royalties and license fees ($64.1M), Transportation ($30.6M), and Computer and information services ($17.1M) being the largest in terms of value.

Comparison: In 2023,  Austria ranked 8 in the Economic Complexity Index (ECI 1.56), and 31 in total exports ($204B). That same year, Canada ranked 30 in the Economic Complexity Index (ECI 0.9), and 10 in total exports ($574B).