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2023
Flag → Flag
Exports $415MRnk 44 / 213
2023
Flag → Flag
Top Product $45.2MLeather Footwear
2023
Flag → Flag
Exports $421MRnk 49 / 213
2023
Flag → Flag
Top Product $26.9MRubberworking Machinery
2023
Flag
Economic Complexity (ECI) ECI -0.085Rnk 65 / 132
2023
Flag
Economic Complexity (ECI) ECI 1.56Rnk 8 / 132
2023
Flag  
GDP$1.37TCURRENT US$
Rnk 16 / 195
2013-2023
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GDP GROWTH50.3%CURRENT US$
Rnk 75 / 195
2023
Flag
 GDP$512BCURRENT US$
Rnk 29 / 195
2013-2023
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GDP GROWTH20%CURRENT US$
Rnk 141 / 195
2023
Flag
GDP PC $4,876CURRENT US$
Rnk 123 / 195
2013-2023
Flag
GDP PC GROWTH36.7%CURRENT US$
Rnk 66 / 195
2023
Flag
GDP PC$56,034CURRENT US$
Rnk 18 / 196
2013-2023
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GDP PC GROWTH11.4%CURRENT US$
Rnk 131 / 195

About

Indonesia-Austria Trade: In 2023, Indonesia exported $415M to Austria. The main products that Indonesia exported to Austria were Leather Footwear ($45.2M), Raw Tin ($40.2M), and Textile Footwear ($25.8M). Over the past 5 years the exports of Indonesia to Austria have increased at an annualized rate of 4.31%, from $336M in 2018 to $415M in 2023.

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

Austria-Indonesia Trade: In 2023, Austria exported $421M to Indonesia. The main products that Austria exported to Indonesia were Rubberworking Machinery ($26.9M), Railway Maintenance Vehicles ($25.2M), and Vaccines, blood, antisera, toxins and cultures ($23.2M). Over the past 5 years the exports of Austria to Indonesia have increased at an annualized rate of 1.88%,  from $383M in 2018 to $421M in 2023.

In 2020, Austria exported services to Indonesia worth $29.7M, with Other business services ($21.7M), Transportation ($2.28M), and Government services, n.i.e. ($1.14M) being the largest in terms of value.

Comparison: In 2023,  Indonesia ranked 65 in the Economic Complexity Index (ECI -0.085), and 27 in total exports ($299B). 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, Indonesia exported $415M to Austria. The main products exported from Indonesia to Austria were Leather Footwear ($45.2M), Raw Tin ($40.2M), and Textile Footwear ($25.8M). During the last 5 years the exports of Indonesia to Austria have increased at an annualized rate of 4.31%, from $336M in 2018 to $415M in 2023.

In 2018, Austria exported $421M to Indonesia. The main products exported from Austria to Indonesia were Rubberworking Machinery ($26.9M), Railway Maintenance Vehicles ($25.2M), and Vaccines, blood, antisera, toxins and cultures ($23.2M). During the last 5 years the exports of Austria to Indonesia have increased at an annualized rate of 1.88%, from $383M in 2023 to $421M in 2018.

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

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

Latest Data

Trade between Indonesia (Flag) and Austria (Flag)

Indonesia Exports

Austria Exports

Market Competitiveness

Color
Indonesia
Top DestinationChina$70.7B
Austria
Top DestinationGermany$51B

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

In 2023, countries that imported more from Indonesia than Austria included China ($70.7B), India ($24B), and Japan ($23.7B).

In 2023, countries that imported more from Austria than Indonesia included Germany ($51B), Italy ($13.5B), and Hungary ($8.42B).

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

Comparative Advantage Indonesia - Austria

Flow
Scale

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

During 2023, Indonesia had a large net trade with Austria in the exports of Textiles ($96M), Footwear and Headwear ($92.5M), and Machines ($62.6M).

During 2018, Austria had a large net trade with Indonesia in the exports of Machines ($225M), Paper Goods ($40.4M), and Chemical Products ($39.4M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Indonesia Austria+$9.85MLeather Footwear
Top Product Potential Austria Indonesia+$16.4MVaccines, blood, antisera, toxins and cultures

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, Austria exported services to Indonesia worth $29.7M, with Other business services ($21.7M), Transportation ($2.28M), and Government services, n.i.e. ($1.14M) being the largest in terms of value.

Service trade data is presented based on availability.

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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