2023
Flag  
GDP
$512BCURRENT US$
Rnk 29 / 195
2013-2023
Flag
GDP GROWTH
20%CURRENT US$
Rnk 141 / 195
2023
Flag
 GDP
$102BCURRENT US$
Rnk 70 / 195
2013-2023
Flag
GDP GROWTH
38.8%CURRENT US$
Rnk 95 / 195
2023
Flag
GDP PC 
$56,034CURRENT US$
Rnk 18 / 195
2013-2023
Flag
GDP PC GROWTH
11.4%CURRENT US$
Rnk 131 / 195
2023
Flag
GDP PC
$2,850CURRENT US$
Rnk 144 / 196
2013-2023
Flag
GDP PC GROWTH
15.7%CURRENT US$
Rnk 116 / 195

About

Austria-Uzbekistan Trade: In 2023, Austria exported $177M to Uzbekistan. The main products that Austria exported to Uzbekistan were Transmissions ($24M), Electric Generating Sets ($21.2M), and Lifting Machinery ($11M). Over the past 5 years the exports of Austria to Uzbekistan have increased at an annualized rate of 11%, from $105M in 2018 to $177M in 2023.

In 2023, Austria did not export any services to Uzbekistan.

Uzbekistan-Austria Trade: In 2023, Uzbekistan exported $16.3M to Austria. The main products that Uzbekistan exported to Austria were Insulated Wire ($2.8M), Molybdenum ($2.41M), and Copper Wire ($2.14M). Over the past 5 years the exports of Uzbekistan to Austria have increased at an annualized rate of 15.1%,  from $5.29M in 2018 to $16.3M in 2023.

In 2023, Uzbekistan did not export any services to Austria.

Comparison: In 2023,  Austria ranked 8 in the Economic Complexity Index (ECI 1.56), and 31 in total exports ($204B). That same year, Uzbekistan ranked 74 in the Economic Complexity Index (ECI -0.22), and 72 in total exports ($24.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Austria exported $177M to Uzbekistan. The main products exported from Austria to Uzbekistan were Transmissions ($24M), Electric Generating Sets ($21.2M), and Lifting Machinery ($11M). During the last 5 years the exports of Austria to Uzbekistan have increased at an annualized rate of 11%, from $105M in 2018 to $177M in 2023.

In 2018, Uzbekistan exported $16.3M to Austria. The main products exported from Uzbekistan to Austria were Insulated Wire ($2.8M), Molybdenum ($2.41M), and Copper Wire ($2.14M). During the last 5 years the exports of Uzbekistan to Austria have increased at an annualized rate of 15.1%, from $5.29M in 2023 to $16.3M in 2018.

Exports from Austria (Flag) to Uzbekistan (Flag) (2023)

Exports from Uzbekistan (Flag) to Austria (Flag) (2023)

Latest Data

Trade between Austria (Flag) and Uzbekistan (Flag)

Austria Exports

Uzbekistan Exports

Market Competitiveness

Color
Austria
Top Destination
Germany$51B
Uzbekistan
Top Destination
Switzerland$8.18B

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

In 2023, countries that imported more from Austria than Uzbekistan included Germany ($51B), United States ($18.1B), and Italy ($13.5B).

In 2023, countries that imported more from Uzbekistan than Austria included Russia ($3.02B), Kazakhstan ($1.37B), and Afghanistan ($766M).

Difference in imports from Uzbekistan (Flag) and Austria (Flag) (2023)

Comparative Advantage Austria - Uzbekistan

Flow
Scale

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

During 2023, Austria had a large net trade with Uzbekistan in the exports of Machines ($101M), Instruments ($18M), and Chemical Products ($15.3M).

During 2018, Uzbekistan had a large net trade with Austria in the exports of Metals ($4.75M), Chemical Products ($3.3M), and Machines ($2.85M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Austria Uzbekistan+$8.65MPackaged Medicaments
Top Product Potential Uzbekistan Austria+$1.3MInsulated Wire

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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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Austria and Uzbekistan. This means that a dot/product with the flag of Austria indicates it has a comparative advantage over Uzbekistan. Similarly, a dot/product with the flag of Uzbekistan indicates it has a comparative advantage over Austria.

Product Space of Austria (Flag) and Uzbekistan (Flag) (2023)

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