2023
Flag  
GDP
$3.05TCURRENT US$
Rnk 7 / 195
2013-2023
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GDP GROWTH
8.37%CURRENT US$
Rnk 159 / 195
2023
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 GDP
$512BCURRENT US$
Rnk 29 / 195
2013-2023
Flag
GDP GROWTH
20%CURRENT US$
Rnk 141 / 195
2023
Flag
GDP PC 
$44,691CURRENT US$
Rnk 30 / 195
2013-2023
Flag
GDP PC GROWTH
4.74%CURRENT US$
Rnk 146 / 195
2023
Flag
GDP PC
$56,034CURRENT US$
Rnk 18 / 196
2013-2023
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GDP PC GROWTH
11.4%CURRENT US$
Rnk 131 / 195

About

France-Austria Trade: In 2023, France exported $5.69B to Austria. The main products that France exported to Austria were Vaccines, blood, antisera, toxins and cultures ($386M), Cars ($351M), and Planes, Helicopters, and/or Spacecraft ($299M). Over the past 5 years the exports of France to Austria have increased at an annualized rate of 3.29%, from $4.84B in 2018 to $5.69B in 2023.

In 2020, France exported services to Austria worth $729M, with Other business services ($296M), Travel ($134M), and Transportation ($130M) being the largest in terms of value.

Austria-France Trade: In 2023, Austria exported $7.49B to France. The main products that Austria exported to France were Vaccines, blood, antisera, toxins and cultures ($329M), Tractors ($285M), and Refined Copper ($275M). Over the past 5 years the exports of Austria to France have increased at an annualized rate of 0.93%,  from $7.15B in 2018 to $7.49B in 2023.

In 2020, Austria exported services to France worth $1.3B, with Transportation ($433M), Other business services ($375M), and Travel ($172M) being the largest in terms of value.

Comparison: In 2023,  France ranked 16 in the Economic Complexity Index (ECI 1.34), and 7 in total exports ($635B). 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, France exported $5.69B to Austria. The main products exported from France to Austria were Vaccines, blood, antisera, toxins and cultures ($386M), Cars ($351M), and Planes, Helicopters, and/or Spacecraft ($299M). During the last 5 years the exports of France to Austria have increased at an annualized rate of 3.29%, from $4.84B in 2018 to $5.69B in 2023.

In 2018, Austria exported $7.49B to France. The main products exported from Austria to France were Vaccines, blood, antisera, toxins and cultures ($329M), Tractors ($285M), and Refined Copper ($275M). During the last 5 years the exports of Austria to France have increased at an annualized rate of 0.93%, from $7.15B in 2023 to $7.49B in 2018.

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

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

Latest Data

Trade between France (Flag) and Austria (Flag)

France Exports

Austria Exports

Market Competitiveness

Color
France
Top Destination
Germany$72.8B
Austria
Top Destination
Germany$51B

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

In 2023, countries that imported more from France than Austria included Italy ($56.3B), Belgium ($49.2B), and Spain ($43B).

In 2023, countries that imported more from Austria than France included Hungary ($8.42B), Slovenia ($3.61B), and Croatia ($2.35B).

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

Comparative Advantage France - Austria

Flow
Scale

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

During 2023, France had a large net trade with Austria in the exports of Transportation ($1.23B), Chemical Products ($1.2B), and Machines ($855M).

During 2018, Austria had a large net trade with France in the exports of Machines ($1.95B), Metals ($1.23B), and Transportation ($962M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential France Austria+$149MCars
Top Product Potential Austria France+$160MCars

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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Bilateral Service Trade

In 2020, France exported services to Austria worth $729M, with Other business services ($296M), Travel ($134M), and Transportation ($130M) being the largest in terms of value.

In 2020, Austria exported services to France worth $1.3B, with Transportation ($433M), Other business services ($375M), and Travel ($172M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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