2022
Flag  
GDP
$471BCURRENT US$
Rnk 32 / 186
2012-2022
Flag
GDP GROWTH
15.1%CURRENT US$
Rnk 137 / 186
2022
Flag
 GDP
$477BCURRENT US$
Rnk 31 / 186
2012-2022
Flag
GDP GROWTH
70.8%CURRENT US$
Rnk 29 / 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
$4,295CURRENT US$
Rnk 117 / 186
2012-2022
Flag
GDP PC GROWTH
40.4%CURRENT US$
Rnk 48 / 186

About

Austria-Egypt Trade: In 2022, Austria exported $351M to Egypt. The main products that Austria exported to Egypt were Kraft Paper ($39.7M), Packaged Medicaments ($26.3M), and Flavored Water ($25.7M). Over the past 5 years the exports of Austria to Egypt have decreased at an annualized rate of 1.76%, from $384M in 2017 to $351M in 2022.

In 2020, Austria exported services to Egypt worth $41.1M, with Computer and information services ($29.7M), Other business services ($4.57M), and Transportation ($3.43M) being the largest in terms of value.

Egypt-Austria Trade: In 2022, Egypt exported $73.5M to Austria. The main products that Egypt exported to Austria were Refined Petroleum ($36.9M), Calcium Phosphates ($5.05M), and Non-Retail Pure Cotton Yarn ($4.72M). Over the past 5 years the exports of Egypt to Austria have increased at an annualized rate of 7.63%,  from $50.9M in 2017 to $73.5M in 2022.

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

Comparison: In 2022,  Austria ranked 8 in the Economic Complexity Index (ECI 1.5), and 32 in total exports ($209B). That same year, Egypt ranked 69 in the Economic Complexity Index (ECI -0.1), and 59 in total exports ($53.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Austria exported $351M to Egypt. The main products exported from Austria to Egypt were Kraft Paper ($39.7M), Packaged Medicaments ($26.3M), and Flavored Water ($25.7M). During the last 5 years the exports of Austria to Egypt have decreased at an annualized rate of 1.76%, from $384M in 2017 to $351M in 2022.

In 2017, Egypt exported $73.5M to Austria. The main products exported from Egypt to Austria were Refined Petroleum ($36.9M), Calcium Phosphates ($5.05M), and Non-Retail Pure Cotton Yarn ($4.72M). During the last 5 years the exports of Egypt to Austria have increased at an annualized rate of 7.63%, from $50.9M in 2022 to $73.5M in 2017.

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

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

Latest Data

Trade between Austria (Flag) and Egypt (Flag)

Austria Exports

Egypt Exports

Market Competitiveness

Color
Austria
Top Destination
Germany$57.7B
Egypt
Top Destination
Turkey$4.23B

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

In 2022, countries that imported more from Austria than Egypt included Germany ($57.7B), United States ($14.4B), and Switzerland ($11.2B).

In 2022, countries that imported more from Egypt than Austria included Turkey ($4.23B), Saudi Arabia ($2.35B), and United Arab Emirates ($2.36B).

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

Comparative Advantage Austria - Egypt

Flow
Scale

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

During 2022, Austria had a large net trade with Egypt in the exports of Chemical Products ($70.2M), Paper Goods ($69.4M), and Machines ($63.4M).

During 2017, Egypt had a large net trade with Austria in the exports of Mineral Products ($42.7M), Textiles ($11.6M), and Machines ($5.04M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Austria Egypt+$29.7MPackaged Medicaments
Top Product Potential Egypt Austria+$33.8MRefined Petroleum

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 Austria and Egypt. This means that a dot/product with the flag of Austria indicates it has a comparative advantage over Egypt. Similarly, a dot/product with the flag of Egypt indicates it has a comparative advantage over Austria.

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

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