2022
Flag  
GDP
$471BCURRENT US$
Rnk 32 / 186
2012-2022
Flag
GDP GROWTH
15.1%CURRENT US$
Rnk 137 / 186
2022
Flag
 GDP
$1.32TCURRENT US$
Rnk 16 / 186
2012-2022
Flag
GDP GROWTH
43.7%CURRENT US$
Rnk 79 / 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
$4,788CURRENT US$
Rnk 114 / 186
2012-2022
Flag
GDP PC GROWTH
30.5%CURRENT US$
Rnk 62 / 186

About

Austria-Indonesia Trade: In 2022, Austria exported $303M to Indonesia. The main products that Austria exported to Indonesia were Integrated Circuits ($23.2M), X-Ray Equipment ($18.7M), and Vaccines, blood, antisera, toxins and cultures ($18.1M). Over the past 5 years the exports of Austria to Indonesia have decreased at an annualized rate of 1.2%, from $322M in 2017 to $303M in 2022.

In 2020, Austria exported services to Indonesia worth $29.7M, with Other business services ($21.7M), Transportation ($2.28M), and Government services, n.i.e. ($1.14M) being the largest in terms of value.

Indonesia-Austria Trade: In 2022, Indonesia exported $136M to Austria. The main products that Indonesia exported to Austria were Raw Tin ($42.6M), Other Women's Undergarments ($16.2M), and Leather Footwear ($6.96M). Over the past 5 years the exports of Indonesia to Austria have decreased at an annualized rate of 9.71%,  from $226M in 2017 to $136M in 2022.

In 2022, Indonesia 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, Indonesia ranked 67 in the Economic Complexity Index (ECI -0.012), and 26 in total exports ($320B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Austria exported $303M to Indonesia. The main products exported from Austria to Indonesia were Integrated Circuits ($23.2M), X-Ray Equipment ($18.7M), and Vaccines, blood, antisera, toxins and cultures ($18.1M). During the last 5 years the exports of Austria to Indonesia have decreased at an annualized rate of 1.2%, from $322M in 2017 to $303M in 2022.

In 2017, Indonesia exported $136M to Austria. The main products exported from Indonesia to Austria were Raw Tin ($42.6M), Other Women's Undergarments ($16.2M), and Leather Footwear ($6.96M). During the last 5 years the exports of Indonesia to Austria have decreased at an annualized rate of 9.71%, from $226M in 2022 to $136M in 2017.

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

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

Latest Data

Trade between Austria (Flag) and Indonesia (Flag)

Austria Exports

Indonesia Exports

Market Competitiveness

Color
Austria
Top Destination
Germany$57.7B
Indonesia
Top Destination
China$67.7B

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

In 2022, countries that imported more from Austria than Indonesia included Germany ($57.7B), Hungary ($10.4B), and Italy ($13.6B).

In 2022, countries that imported more from Indonesia than Austria included China ($67.7B), Japan ($26.6B), and India ($25.3B).

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

Comparative Advantage Austria - Indonesia

Flow
Scale

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

During 2022, Austria had a large net trade with Indonesia in the exports of Machines ($134M), Instruments ($39.9M), and Chemical Products ($28.5M).

During 2017, Indonesia had a large net trade with Austria in the exports of Metals ($47.7M), Textiles ($32.4M), and Machines ($16.6M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Austria Indonesia+$16.4MVaccines, blood, antisera, toxins and cultures
Top Product Potential Indonesia Austria+$9.85MLeather Footwear

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

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

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