2023
Flag  
GDP
$512BCURRENT US$
Rnk 29 / 195
2013-2023
Flag
GDP GROWTH
20%CURRENT US$
Rnk 141 / 195
2023
Flag
 GDP
$1.37TCURRENT US$
Rnk 16 / 195
2013-2023
Flag
GDP GROWTH
50.3%CURRENT US$
Rnk 75 / 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
$4,876CURRENT US$
Rnk 123 / 196
2013-2023
Flag
GDP PC GROWTH
36.7%CURRENT US$
Rnk 66 / 195

About

Austria-Indonesia Trade: In 2023, Austria exported $421M to Indonesia. The main products that Austria exported to Indonesia were Rubberworking Machinery ($26.9M), Railway Maintenance Vehicles ($25.2M), and Vaccines, blood, antisera, toxins and cultures ($23.2M). Over the past 5 years the exports of Austria to Indonesia have increased at an annualized rate of 1.88%, from $383M in 2018 to $421M in 2023.

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 2023, Indonesia exported $415M to Austria. The main products that Indonesia exported to Austria were Leather Footwear ($45.2M), Raw Tin ($40.2M), and Textile Footwear ($25.8M). Over the past 5 years the exports of Indonesia to Austria have increased at an annualized rate of 4.31%,  from $336M in 2018 to $415M in 2023.

In 2023, Indonesia did not export any services to Austria.

Comparison: In 2023,  Austria ranked 8 in the Economic Complexity Index (ECI 1.56), and 31 in total exports ($204B). That same year, Indonesia ranked 65 in the Economic Complexity Index (ECI -0.085), and 27 in total exports ($299B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Austria exported $421M to Indonesia. The main products exported from Austria to Indonesia were Rubberworking Machinery ($26.9M), Railway Maintenance Vehicles ($25.2M), and Vaccines, blood, antisera, toxins and cultures ($23.2M). During the last 5 years the exports of Austria to Indonesia have increased at an annualized rate of 1.88%, from $383M in 2018 to $421M in 2023.

In 2018, Indonesia exported $415M to Austria. The main products exported from Indonesia to Austria were Leather Footwear ($45.2M), Raw Tin ($40.2M), and Textile Footwear ($25.8M). During the last 5 years the exports of Indonesia to Austria have increased at an annualized rate of 4.31%, from $336M in 2023 to $415M in 2018.

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

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

Latest Data

Trade between Austria (Flag) and Indonesia (Flag)

Austria Exports

Indonesia Exports

Market Competitiveness

Color
Austria
Top Destination
Germany$51B
Indonesia
Top Destination
China$70.7B

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 2023, countries that imported more from Austria than Indonesia included Germany ($51B), Italy ($13.5B), and Hungary ($8.42B).

In 2023, countries that imported more from Indonesia than Austria included China ($70.7B), India ($24B), and Japan ($23.7B).

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

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 2023, Austria had a large net trade with Indonesia in the exports of Machines ($225M), Paper Goods ($40.4M), and Chemical Products ($39.4M).

During 2018, Indonesia had a large net trade with Austria in the exports of Textiles ($96M), Footwear and Headwear ($92.5M), and Machines ($62.6M).

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

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) (2023)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with