2023
Flag  
GDP
$41.3BCURRENT US$
Rnk 101 / 195
2013-2023
Flag
GDP GROWTH
62.2%CURRENT US$
Rnk 49 / 195
2023
Flag
 GDP
$512BCURRENT US$
Rnk 29 / 195
2013-2023
Flag
GDP GROWTH
20%CURRENT US$
Rnk 141 / 195
2023
Flag
GDP PC 
$30,133CURRENT US$
Rnk 47 / 195
2013-2023
Flag
GDP PC GROWTH
56%CURRENT US$
Rnk 35 / 195
2023
Flag
GDP PC
$56,034CURRENT US$
Rnk 18 / 196
2013-2023
Flag
GDP PC GROWTH
11.4%CURRENT US$
Rnk 131 / 195

About

Estonia-Austria Trade: In 2023, Estonia exported $78.9M to Austria. The main products that Estonia exported to Austria were Plywood ($6.95M), Prefabricated Buildings ($4.57M), and Lifting Machinery ($3.91M). Over the past 5 years the exports of Estonia to Austria have increased at an annualized rate of 0.76%, from $76M in 2018 to $78.9M in 2023.

In 2020, Estonia exported services to Austria worth $56.8M, with Transportation ($30.4M), Other business services ($15.2M), and Computer and information services ($4.11M) being the largest in terms of value.

Austria-Estonia Trade: In 2023, Austria exported $200M to Estonia. The main products that Austria exported to Estonia were Vaccines, blood, antisera, toxins and cultures ($18.3M), Flavored Water ($12.5M), and Packaged Medicaments ($10.5M). Over the past 5 years the exports of Austria to Estonia have increased at an annualized rate of 2.58%,  from $177M in 2018 to $200M in 2023.

In 2020, Austria exported services to Estonia worth $53.7M, with Other business services ($21.7M), Travel ($10.3M), and Transportation ($5.71M) being the largest in terms of value.

Comparison In 2023,  Estonia ranked 79 in total exports ($20B), and does not have data regarding Economic Complexity Index. That same year, Austria ranked 8 in the Economic Complexity Index (ECI 1.56), and 31 in total exports ($204B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Estonia exported $78.9M to Austria. The main products exported from Estonia to Austria were Plywood ($6.95M), Prefabricated Buildings ($4.57M), and Lifting Machinery ($3.91M). During the last 5 years the exports of Estonia to Austria have increased at an annualized rate of 0.76%, from $76M in 2018 to $78.9M in 2023.

In 2018, Austria exported $200M to Estonia. The main products exported from Austria to Estonia were Vaccines, blood, antisera, toxins and cultures ($18.3M), Flavored Water ($12.5M), and Packaged Medicaments ($10.5M). During the last 5 years the exports of Austria to Estonia have increased at an annualized rate of 2.58%, from $177M in 2023 to $200M in 2018.

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

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

Latest Data

Trade between Estonia (Flag) and Austria (Flag)

Estonia Exports

Austria Exports

Market Competitiveness

Color
Estonia
Top Destination
Finland$2.71B
Austria
Top Destination
Germany$51B

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

In 2023, countries that imported more from Estonia than Austria included Finland ($2.71B), Latvia ($1.91B), and Lithuania ($1.74B).

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

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

Comparative Advantage Estonia - Austria

Flow
Scale

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

During 2023, Estonia had a large net trade with Austria in the exports of Machines ($19.5M), Wood Products ($16.9M), and Miscellaneous ($7.36M).

During 2018, Austria had a large net trade with Estonia in the exports of Machines ($54.4M), Chemical Products ($38.5M), and Foodstuffs ($24M).

Bilateral Service Trade

In 2020, Estonia exported services to Austria worth $56.8M, with Transportation ($30.4M), Other business services ($15.2M), and Computer and information services ($4.11M) being the largest in terms of value.

In 2020, Austria exported services to Estonia worth $53.7M, with Other business services ($21.7M), Travel ($10.3M), and Transportation ($5.71M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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