2022
Flag  
GDP
$471BCURRENT US$
Rnk 32 / 186
2012-2022
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GDP GROWTH
15.1%CURRENT US$
Rnk 137 / 186
2022
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 GDP
$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
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GDP GROWTH
85.2%CURRENT US$
Rnk 24 / 186
2022
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GDP PC 
$52,131CURRENT US$
Rnk 17 / 186
2012-2022
Flag
GDP PC GROWTH
7.34%CURRENT US$
Rnk 124 / 186
2022
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GDP PC
$2,389CURRENT US$
Rnk 140 / 186
2012-2022
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GDP PC GROWTH
66.6%CURRENT US$
Rnk 20 / 186

About

Austria-India In 2022, Austria exported $1.24B to India. The main products that Austria exported to India are Unprocessed Artificial Staple Fibers ($56.3M), Locomotive Parts ($55.5M), and Flavored Water ($53.8M). During the last 27 years the exports of Austria to India have increased at an annualized rate of 8.27%, from $145M in 1995 to $1.24B in 2022.

In 2020, Austria exported services to India worth $140M, with Other business services ($86.8M), Computer and information services ($19.4M), and Transportation ($11.4M) being the largest in terms of value.

India-Austria In 2022, India exported $1.28B to Austria. The main products that India exported to Austria were Broadcasting Equipment ($535M), Motorcycles and cycles ($70M), and Printed Circuit Boards ($63.1M). During the last 27 years the exports of India to Austria have increased at an annualized rate of 8.19%, from $153M in 1995 to $1.28B in 2022.

In 2022, India 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, India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Austria exported $1.24B to India. The main products exported from Austria to India were Unprocessed Artificial Staple Fibers ($56.3M), Locomotive Parts ($55.5M), and Flavored Water ($53.8M). During the last 27 years the exports of Austria to India have increased at an annualized rate of 8.27%, from $145M in 1995 to $1.24B in 2022.

In 2022, India exported $1.28B to Austria. The main products exported from India to Austria were Broadcasting Equipment ($535M), Motorcycles and cycles ($70M), and Printed Circuit Boards ($63.1M). During the last 27 years the exports of India to Austria have increased at an annualized rate of 8.19%, from $153M in 1995 to $1.28B in 2022.

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

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

Latest Data

Trade between Austria (Flag) and India (Flag)

Austria Exports

India Exports

Market Competitiveness

Color
Austria
Top Destination
Germany$57.7B
India
Top Destination
United States$82.9B

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

In 2021, countries that imported more from Austria than India were Germany ($57.7B), Hungary ($10.4B), and Switzerland ($11.2B).

In 2021, countries that imported more from India than Austria were United States ($82.9B), United Arab Emirates ($31.6B), and Bangladesh ($13.8B).

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

Comparative Advantage Austria - India

Flow
Scale

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

During 2022, Austria had a large net trade with India in the exports of Machines ($385M), Chemical Products ($174M), and Metals ($172M).

During 2022, India had a large net trade with Austria in the exports of Machines ($774M), Transportation ($109M), and Chemical Products ($80M).

Service Trade

Bilateral Service Trade

In 2020, Austria exported services to India worth $140M, with Other business services ($86.8M), Computer and information services ($19.4M), and Transportation ($11.4M) being the largest in terms of value.

Service trade data is presented based on availability.

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

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Austria has comparative advantage over India. Similarly, the more yellow a dot/product is, the more India has comparative advantage over Austria.

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

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