2022
Flag  
GDP
$471BCURRENT US$
Rnk 32 / 186
2012-2022
Flag
GDP GROWTH
15.1%CURRENT US$
Rnk 137 / 186
2022
Flag
 GDP
$991BCURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP GROWTH
18.1%CURRENT US$
Rnk 125 / 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
$55,985CURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP PC GROWTH
11.8%CURRENT US$
Rnk 110 / 186

About

Austria-Netherlands Trade: In 2022, Austria exported $3.95B to Netherlands. The main products that Austria exported to Netherlands were Packaged Medicaments ($156M), Vaccines, blood, antisera, toxins and cultures ($135M), and Alcohol > 80% ABV ($117M). Over the past 5 years the exports of Austria to Netherlands have increased at an annualized rate of 6.69%, from $2.85B in 2017 to $3.95B in 2022.

In 2020, Austria exported services to Netherlands worth $2.77B, with Travel ($1.14B), Other business services ($552M), and Transportation ($540M) being the largest in terms of value.

Netherlands-Austria Trade: In 2022, Netherlands exported $9.65B to Austria. The main products that Netherlands exported to Austria were Packaged Medicaments ($591M), Broadcasting Equipment ($383M), and Raw Aluminium ($338M). Over the past 5 years the exports of Netherlands to Austria have increased at an annualized rate of 10.7%,  from $5.8B in 2017 to $9.65B in 2022.

In 2020, Netherlands exported services to Austria worth $1.55B, with Other business services ($502M), Transportation ($483M), and Royalties and license fees ($265M) 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, Netherlands ranked 23 in the Economic Complexity Index (ECI 1.11), and 6 in total exports ($674B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Austria exported $3.95B to Netherlands. The main products exported from Austria to Netherlands were Packaged Medicaments ($156M), Vaccines, blood, antisera, toxins and cultures ($135M), and Alcohol > 80% ABV ($117M). During the last 5 years the exports of Austria to Netherlands have increased at an annualized rate of 6.69%, from $2.85B in 2017 to $3.95B in 2022.

In 2017, Netherlands exported $9.65B to Austria. The main products exported from Netherlands to Austria were Packaged Medicaments ($591M), Broadcasting Equipment ($383M), and Raw Aluminium ($338M). During the last 5 years the exports of Netherlands to Austria have increased at an annualized rate of 10.7%, from $5.8B in 2022 to $9.65B in 2017.

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

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

Latest Data

Trade between Austria (Flag) and Netherlands (Flag)

Austria Exports

Netherlands Exports

Market Competitiveness

Color
Austria
Top Destination
Germany$57.7B
Netherlands
Top Destination
Germany$131B

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

In 2022, countries that imported more from Austria than Netherlands included Slovakia ($7.4B), Switzerland ($11.2B), and Hungary ($10.4B).

In 2022, countries that imported more from Netherlands than Austria included Belgium ($94.3B), Germany ($131B), and France ($59.9B).

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

Comparative Advantage Austria - Netherlands

Flow
Scale

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

During 2022, Austria had a large net trade with Netherlands in the exports of Machines ($1.06B), Metals ($496M), and Chemical Products ($493M).

During 2017, Netherlands had a large net trade with Austria in the exports of Machines ($2.15B), Chemical Products ($1.6B), and Metals ($1.28B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Austria Netherlands+$91.6MPackaged Medicaments
Top Product Potential Netherlands Austria+$78.2MVaccines, blood, antisera, toxins and cultures

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 Netherlands worth $2.77B, with Travel ($1.14B), Other business services ($552M), and Transportation ($540M) being the largest in terms of value.

In 2020, Netherlands exported services to Austria worth $1.55B, with Other business services ($502M), Transportation ($483M), and Royalties and license fees ($265M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

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

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