2022
Flag  
GDP
$471BCURRENT US$
Rnk 32 / 186
2012-2022
Flag
GDP GROWTH
15.1%CURRENT US$
Rnk 137 / 186
2022
Flag
 GDP
$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP GROWTH
15.5%CURRENT US$
Rnk 136 / 186
2022
Flag
GDP PC 
$52,131CURRENT US$
Rnk 17 / 186
2012-2022
Flag
GDP PC GROWTH
7.34%CURRENT US$
Rnk 124 / 186
2022
Flag
GDP PC
$48,432CURRENT US$
Rnk 21 / 186
2012-2022
Flag
GDP PC GROWTH
10.4%CURRENT US$
Rnk 115 / 186

About

Austria-Germany Trade: In 2022, Austria exported $57.7B to Germany. The main products that Austria exported to Germany were Motor vehicles; parts and accessories (8701 to 8705) ($2.66B), Vaccines, blood, antisera, toxins and cultures ($1.82B), and Electricity ($1.43B). Over the past 5 years the exports of Austria to Germany have increased at an annualized rate of 4.61%, from $46.1B in 2017 to $57.7B in 2022.

In 2020, Austria exported services to Germany worth $24.4B, with Travel ($6.89B), Other business services ($6.71B), and Transportation ($5.18B) being the largest in terms of value.

Germany-Austria Trade: In 2022, Germany exported $86.5B to Austria. The main products that Germany exported to Austria were Refined Petroleum ($5.76B), Cars ($4.53B), and Electricity ($3.96B). Over the past 5 years the exports of Germany to Austria have increased at an annualized rate of 5.5%,  from $66.2B in 2017 to $86.5B in 2022.

In 2020, Germany exported services to Austria worth $9.09B, with Other business services ($3.19B), Travel ($1.49B), and Transportation ($1.31B) being the largest in terms of value.

Comparison: In 2022,  Austria ranked 8 in the Economic Complexity Index (ECI 1.5), and 32 in total exports ($209B). That same year, Germany ranked 5 in the Economic Complexity Index (ECI 1.78), and 3 in total exports ($1.6T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Austria exported $57.7B to Germany. The main products exported from Austria to Germany were Motor vehicles; parts and accessories (8701 to 8705) ($2.66B), Vaccines, blood, antisera, toxins and cultures ($1.82B), and Electricity ($1.43B). During the last 5 years the exports of Austria to Germany have increased at an annualized rate of 4.61%, from $46.1B in 2017 to $57.7B in 2022.

In 2017, Germany exported $86.5B to Austria. The main products exported from Germany to Austria were Refined Petroleum ($5.76B), Cars ($4.53B), and Electricity ($3.96B). During the last 5 years the exports of Germany to Austria have increased at an annualized rate of 5.5%, from $66.2B in 2022 to $86.5B in 2017.

Exports from Austria (Flag) to Germany (Flag) (2022)

Exports from Germany (Flag) to Austria (Flag) (2022)

Latest Data

Trade between Austria (Flag) and Germany (Flag)

Austria Exports

Germany Exports

Market Competitiveness

Color
Austria
Top Destination
Germany$57.7B
Germany
Top Destination
United States$153B

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

In 2022, countries that imported more from Austria than Germany included Mali ($168M), Dominica ($3.22M), and Wallis and Futuna ($685k).

In 2022, countries that imported more from Germany than Austria included United States ($153B), France ($120B), and Netherlands ($109B).

Difference in imports from Germany (Flag) and Austria (Flag) (2022)

Comparative Advantage Austria - Germany

Flow
Scale

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

During 2022, Austria had a large net trade with Germany in the exports of Machines ($14.9B), Metals ($10.4B), and Transportation ($6.6B).

During 2017, Germany had a large net trade with Austria in the exports of Machines ($19.6B), Mineral Products ($10.8B), and Metals ($10.5B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Austria Germany+$967MCars
Top Product Potential Germany Austria+$941MCars

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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Bilateral Service Trade

In 2020, Austria exported services to Germany worth $24.4B, with Travel ($6.89B), Other business services ($6.71B), and Transportation ($5.18B) being the largest in terms of value.

In 2020, Germany exported services to Austria worth $9.09B, with Other business services ($3.19B), Travel ($1.49B), and Transportation ($1.31B) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Austria (Flag) to Germany (Flag) (2020)

Services Exports from Germany (Flag) to Austria (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of Austria (Flag) and Germany (Flag) (2022)

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