2022
Flag  
GDP
$38.1BCURRENT US$
Rnk 99 / 186
2012-2022
Flag
GDP GROWTH
65.5%CURRENT US$
Rnk 34 / 186
2022
Flag
 GDP
$471BCURRENT US$
Rnk 32 / 186
2012-2022
Flag
GDP GROWTH
15.1%CURRENT US$
Rnk 137 / 186
2022
Flag
GDP PC 
$28,333CURRENT US$
Rnk 41 / 186
2012-2022
Flag
GDP PC GROWTH
62.8%CURRENT US$
Rnk 23 / 186
2022
Flag
GDP PC
$52,131CURRENT US$
Rnk 17 / 186
2012-2022
Flag
GDP PC GROWTH
7.34%CURRENT US$
Rnk 124 / 186

About

Estonia-Austria Trade: In 2022, Estonia exported $150M to Austria. The main products that Estonia exported to Austria were Plywood ($10.6M), Cranes ($10.3M), and Ferroalloys ($8.54M). Over the past 5 years the exports of Estonia to Austria have increased at an annualized rate of 18.3%, from $64.7M in 2017 to $150M in 2022.

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 2022, Austria exported $217M to Estonia. The main products that Austria exported to Estonia were Packaged Medicaments ($23.6M), Vaccines, blood, antisera, toxins and cultures ($9.73M), and Flavored Water ($8.79M). Over the past 5 years the exports of Austria to Estonia have increased at an annualized rate of 6.61%,  from $158M in 2017 to $217M in 2022.

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 2022,  Estonia ranked 74 in total exports ($23.1B), and does not have data regarding Economic Complexity Index. That same year, Austria ranked 8 in the Economic Complexity Index (ECI 1.5), and 32 in total exports ($209B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Estonia exported $150M to Austria. The main products exported from Estonia to Austria were Plywood ($10.6M), Cranes ($10.3M), and Ferroalloys ($8.54M). During the last 5 years the exports of Estonia to Austria have increased at an annualized rate of 18.3%, from $64.7M in 2017 to $150M in 2022.

In 2017, Austria exported $217M to Estonia. The main products exported from Austria to Estonia were Packaged Medicaments ($23.6M), Vaccines, blood, antisera, toxins and cultures ($9.73M), and Flavored Water ($8.79M). During the last 5 years the exports of Austria to Estonia have increased at an annualized rate of 6.61%, from $158M in 2022 to $217M in 2017.

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

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

Latest Data

Trade between Estonia (Flag) and Austria (Flag)

Estonia Exports

Austria Exports

Market Competitiveness

Color
Estonia
Top Destination
Finland$3B
Austria
Top Destination
Germany$57.7B

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 2022, countries that imported more from Estonia than Austria included Latvia ($2.77B), Finland ($3B), and Lithuania ($1.51B).

In 2022, countries that imported more from Austria than Estonia included Germany ($57.7B), Italy ($13.6B), and United States ($14.4B).

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

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 2022, Estonia had a large net trade with Austria in the exports of Metals ($39.3M), Machines ($35.6M), and Wood Products ($27M).

During 2017, Austria had a large net trade with Estonia in the exports of Machines ($58.6M), Chemical Products ($49.4M), and Metals ($22.9M).

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) (2022)

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