Uzbekistan (UZB) and Austria (AUT) Trade | The Observatory of Economic Complexity

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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 25.2%, from $5.29M in 2018 to $16.3M in 2023.

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

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.

Comparison: In 2023, Uzbekistan ranked 74 in the Economic Complexity Index (ECI -0.22), and 72 in total exports ($24.3B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, 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 25.2%, from $5.29M in 2018 to $16.3M in 2023.

In 2018, 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 2023 to $177M in 2018.

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

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

Latest Data

Trade between Uzbekistan () and Austria ()

Uzbekistan Exports

Date

Austria Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Uzbekistan
Top DestinationSwitzerland$8.18B

Austria
Top DestinationGermany$51B

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

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

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

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

Comparative Advantage Uzbekistan - Austria

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Uzbekistan had a large net trade with Austria in the exports of Metals ($4.75M), Chemical Products ($3.3M), and Machines ($2.85M).

During 2018, Austria had a large net trade with Uzbekistan in the exports of Machines ($101M), Instruments ($18M), and Chemical Products ($15.3M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Uzbekistan Austria+$1.3MInsulated Wire

Top Product Potential Austria Uzbekistan+$8.65MPackaged Medicaments

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

Year

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

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Uzbekistan () and Austria ()

Uzbekistan Exports

Austria Exports

Market Competitiveness

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

Comparative Advantage Uzbekistan - Austria

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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