2022
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GDP
$471BCURRENT US$
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2012-2022
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GDP GROWTH
15.1%CURRENT US$
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2022
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 GDP
$161BCURRENT US$
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2012-2022
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GDP GROWTH
-12.1%CURRENT US$
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2022
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GDP PC 
$52,131CURRENT US$
Rnk 17 / 186
2012-2022
Flag
GDP PC GROWTH
7.34%CURRENT US$
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2022
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GDP PC
$4,534CURRENT US$
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2012-2022
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GDP PC GROWTH
13.2%CURRENT US$
Rnk 103 / 186

About

Austria-Ukraine In 2022, Austria exported $546M to Ukraine. The main products that Austria exported to Ukraine are Petroleum Gas ($77.9M), Sunflower Seeds ($25.8M), and Packaged Medicaments ($24.9M). During the last 27 years the exports of Austria to Ukraine have increased at an annualized rate of 6.08%, from $111M in 1995 to $546M in 2022.

In 2011, Austria exported services to Ukraine worth $40.4M, with Construction services ($16.7M), Insurance services ($13.9M), and Communications services ($5.57M) being the largest in terms of value.

Ukraine-Austria In 2022, Ukraine exported $833M to Austria. The main products that Ukraine exported to Austria were Iron Ore ($410M), Veneer Sheets ($80.2M), and Sports Equipment ($42.5M). During the last 27 years the exports of Ukraine to Austria have increased at an annualized rate of 12.1%, from $37.8M in 1995 to $833M in 2022.

In 2022, Ukraine did not export any services to Austria.

Comparison In 2022,  Austria ranked 8 in the Economic Complexity Index (ECI 1.48), and 32 in total exports ($209B). That same year, Ukraine ranked 43 in the Economic Complexity Index (ECI 0.5), and 61 in total exports ($47.1B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Austria exported $546M to Ukraine. The main products exported from Austria to Ukraine were Petroleum Gas ($77.9M), Sunflower Seeds ($25.8M), and Packaged Medicaments ($24.9M). During the last 27 years the exports of Austria to Ukraine have increased at an annualized rate of 6.08%, from $111M in 1995 to $546M in 2022.

In 2022, Ukraine exported $833M to Austria. The main products exported from Ukraine to Austria were Iron Ore ($410M), Veneer Sheets ($80.2M), and Sports Equipment ($42.5M). During the last 27 years the exports of Ukraine to Austria have increased at an annualized rate of 12.1%, from $37.8M in 1995 to $833M in 2022.

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

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

Latest Data

Trade between Austria (Flag) and Ukraine (Flag)

Austria Exports

Ukraine Exports

Market Competitiveness

Color
Austria
Top Destination
Germany$57.7B
Ukraine
Top Destination
Poland$6.7B

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

In 2021, countries that imported more from Austria than Ukraine were Germany ($57.7B), United States ($14.4B), and Italy ($13.6B).

In 2021, countries that imported more from Ukraine than Austria were Turkey ($3.02B), Moldova ($929M), and Egypt ($1.11B).

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

Comparative Advantage Austria - Ukraine

Flow
Scale

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

During 2022, Austria had a large net trade with Ukraine in the exports of Machines ($100M), Mineral Products ($80.2M), and Chemical Products ($73.9M).

During 2022, Ukraine had a large net trade with Austria in the exports of Mineral Products ($415M), Wood Products ($113M), and Miscellaneous ($80.7M).

Service Trade

Bilateral Service Trade

In 2011, Austria exported services to Ukraine worth $40.4M, with Construction services ($16.7M), Insurance services ($13.9M), and Communications services ($5.57M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Austria (Flag) to Ukraine (Flag) (2011)

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 Ukraine. Similarly, the more yellow a dot/product is, the more Ukraine has comparative advantage over Austria.

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

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