2022
Flag  
GDP
$471BCURRENT US$
Rnk 32 / 186
2012-2022
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GDP GROWTH
15.1%CURRENT US$
Rnk 137 / 186
2022
Flag
 GDP
$529BCURRENT US$
Rnk 26 / 186
2012-2022
Flag
GDP GROWTH
135%CURRENT US$
Rnk 7 / 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
$104,039CURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP PC GROWTH
112%CURRENT US$
Rnk 7 / 186

About

Austria-Ireland Trade: In 2022, Austria exported $520M to Ireland. The main products that Austria exported to Ireland were Carboxylic Acids ($35.2M), Cars ($25.8M), and Micro-Organism Culture Preparations ($20.2M). Over the past 5 years the exports of Austria to Ireland have increased at an annualized rate of 8.41%, from $347M in 2017 to $520M in 2022.

In 2020, Austria exported services to Ireland worth $1.1B, with Other business services ($379M), Computer and information services ($275M), and Transportation ($169M) being the largest in terms of value.

Ireland-Austria Trade: In 2022, Ireland exported $633M to Austria. The main products that Ireland exported to Austria were Packaged Medicaments ($97.4M), Scented Mixtures ($63.9M), and Vaccines, blood, antisera, toxins and cultures ($58.2M). Over the past 5 years the exports of Ireland to Austria have increased at an annualized rate of 0.54%,  from $616M in 2017 to $633M in 2022.

In 2020, Ireland exported services to Austria worth $200M, with Other business services ($103M), Financial services ($30.8M), and Transportation ($29.7M) being the largest in terms of value.

Comparison: In 2022,  Austria ranked 8 in the Economic Complexity Index (ECI 1.5), and 32 in total exports ($209B). That same year, Ireland ranked 18 in the Economic Complexity Index (ECI 1.27), and 31 in total exports ($236B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Austria exported $520M to Ireland. The main products exported from Austria to Ireland were Carboxylic Acids ($35.2M), Cars ($25.8M), and Micro-Organism Culture Preparations ($20.2M). During the last 5 years the exports of Austria to Ireland have increased at an annualized rate of 8.41%, from $347M in 2017 to $520M in 2022.

In 2017, Ireland exported $633M to Austria. The main products exported from Ireland to Austria were Packaged Medicaments ($97.4M), Scented Mixtures ($63.9M), and Vaccines, blood, antisera, toxins and cultures ($58.2M). During the last 5 years the exports of Ireland to Austria have increased at an annualized rate of 0.54%, from $616M in 2022 to $633M in 2017.

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

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

Latest Data

Trade between Austria (Flag) and Ireland (Flag)

Austria Exports

Ireland Exports

Market Competitiveness

Color
Austria
Top Destination
Germany$57.7B
Ireland
Top Destination
United States$70.7B

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

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

In 2022, countries that imported more from Ireland than Austria included United States ($70.7B), Belgium ($17B), and United Kingdom ($19B).

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

Comparative Advantage Austria - Ireland

Flow
Scale

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

During 2022, Austria had a large net trade with Ireland in the exports of Chemical Products ($123M), Machines ($116M), and Transportation ($56.1M).

During 2017, Ireland had a large net trade with Austria in the exports of Chemical Products ($299M), Machines ($191M), and Foodstuffs ($40.1M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Austria Ireland+$27.9MCars
Top Product Potential Ireland Austria+$67.4MPackaged Medicaments

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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Bilateral Service Trade

In 2020, Austria exported services to Ireland worth $1.1B, with Other business services ($379M), Computer and information services ($275M), and Transportation ($169M) being the largest in terms of value.

In 2020, Ireland exported services to Austria worth $200M, with Other business services ($103M), Financial services ($30.8M), and Transportation ($29.7M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

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

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