Austria / Russia

Austria-Russia Trade: In 2022, Austria exported $1.87B to Russia. The main products that Austria exported to Russia were Packaged Medicaments ($451M), Vaccines, blood, antisera, toxins and cultures ($201M), and Hydraulic Turbines ($56.1M). Over the past 5 years the exports of Austria to Russia have decreased at an annualized rate of 5.75%, from $2.51B in 2017 to $1.87B in 2022.

In 2020, Austria exported services to Russia worth $1.06B, with Transportation ($483M), Other business services ($171M), and Computer and information services ($167M) being the largest in terms of value.

Russia-Austria Trade: In 2022, Russia exported $280M to Austria. The main products that Russia exported to Austria were Crude Petroleum ($57.2M), Refined Petroleum ($53.7M), and Raw Aluminium ($21.3M). Over the past 5 years the exports of Russia to Austria have decreased at an annualized rate of 11.3%,  from $511M in 2017 to $280M in 2022.

In 2020, Russia exported services to Austria worth $385M, with Other business services ($182M), Transportation ($102M), and Financial services ($42.3M) 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, Russia ranked 47 in the Economic Complexity Index (ECI 0.43), and 12 in total exports ($486B).