2023
Flag  
GDP
$512BCURRENT US$
Rnk 29 / 195
2013-2023
Flag
GDP GROWTH
20%CURRENT US$
Rnk 141 / 195
2023
Flag
 GDP
$41.3BCURRENT US$
Rnk 101 / 195
2013-2023
Flag
GDP GROWTH
62.2%CURRENT US$
Rnk 49 / 195
2023
Flag
GDP PC 
$56,034CURRENT US$
Rnk 18 / 195
2013-2023
Flag
GDP PC GROWTH
11.4%CURRENT US$
Rnk 131 / 195
2023
Flag
GDP PC
$30,133CURRENT US$
Rnk 47 / 196
2013-2023
Flag
GDP PC GROWTH
56%CURRENT US$
Rnk 35 / 195

About

Austria-Estonia Trade: In 2023, Austria exported $200M to Estonia. The main products that Austria exported to Estonia were Vaccines, blood, antisera, toxins and cultures ($18.3M), Flavored Water ($12.5M), and Packaged Medicaments ($10.5M). Over the past 5 years the exports of Austria to Estonia have increased at an annualized rate of 2.58%, from $177M in 2018 to $200M in 2023.

In 2020, Austria exported services to Estonia worth $53.7M, with Other business services ($21.7M), Travel ($10.3M), and Transportation ($5.71M) being the largest in terms of value.

Estonia-Austria Trade: In 2023, Estonia exported $78.9M to Austria. The main products that Estonia exported to Austria were Plywood ($6.95M), Prefabricated Buildings ($4.57M), and Lifting Machinery ($3.91M). Over the past 5 years the exports of Estonia to Austria have increased at an annualized rate of 0.54%,  from $76M in 2018 to $78.9M in 2023.

In 2020, Estonia exported services to Austria worth $56.8M, with Transportation ($30.4M), Other business services ($15.2M), and Computer and information services ($4.11M) 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, Estonia ranked 79 in total exports ($20B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Austria exported $200M to Estonia. The main products exported from Austria to Estonia were Vaccines, blood, antisera, toxins and cultures ($18.3M), Flavored Water ($12.5M), and Packaged Medicaments ($10.5M). During the last 5 years the exports of Austria to Estonia have increased at an annualized rate of 2.58%, from $177M in 2018 to $200M in 2023.

In 2018, Estonia exported $78.9M to Austria. The main products exported from Estonia to Austria were Plywood ($6.95M), Prefabricated Buildings ($4.57M), and Lifting Machinery ($3.91M). During the last 5 years the exports of Estonia to Austria have increased at an annualized rate of 0.54%, from $76M in 2023 to $78.9M in 2018.

Exports from Austria (Flag) to Estonia (Flag) (2023)

Exports from Estonia (Flag) to Austria (Flag) (2023)

Latest Data

Trade between Austria (Flag) and Estonia (Flag)

Austria Exports

Estonia Exports

Market Competitiveness

Color
Austria
Top Destination
Germany$51B
Estonia
Top Destination
Finland$2.71B

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

In 2023, countries that imported more from Austria than Estonia included Germany ($51B), United States ($18.1B), and Italy ($13.5B).

In 2023, countries that imported more from Estonia than Austria included Finland ($2.71B), Latvia ($1.91B), and Lithuania ($1.74B).

Difference in imports from Estonia (Flag) and Austria (Flag) (2023)

Comparative Advantage Austria - Estonia

Flow
Scale

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

During 2023, Austria had a large net trade with Estonia in the exports of Machines ($54.4M), Chemical Products ($38.5M), and Foodstuffs ($24M).

During 2018, Estonia had a large net trade with Austria in the exports of Machines ($19.5M), Wood Products ($16.9M), and Miscellaneous ($7.36M).

Bilateral Service Trade

In 2020, Austria exported services to Estonia worth $53.7M, with Other business services ($21.7M), Travel ($10.3M), and Transportation ($5.71M) being the largest in terms of value.

In 2020, Estonia exported services to Austria worth $56.8M, with Transportation ($30.4M), Other business services ($15.2M), and Computer and information services ($4.11M) being the largest in terms of value.

Service trade data is presented based on availability.

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

Services Exports from Estonia (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 Estonia. This means that a dot/product with the flag of Austria indicates it has a comparative advantage over Estonia. Similarly, a dot/product with the flag of Estonia indicates it has a comparative advantage over Austria.

Product Space of Austria (Flag) and Estonia (Flag) (2023)

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