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2022
Flag → Flag
Exports $2.66BRnk 26 / 152
2022
Flag → Flag
Top Product $1.94BBroadcasting Equipment
2022
Flag → Flag
Exports $324MRnk 50 / 217
2022
Flag → Flag
Top Product $70.3MPackaged Medicaments
2022
Flag
Economic Complexity (ECI) ECI 0.2Rnk 55 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.5Rnk 8 / 133
2022
Flag  
GDP$409BCURRENT US$
Rnk 35 / 186
2012-2022
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GDP GROWTH109%CURRENT US$
Rnk 12 / 186
2022
Flag
 GDP$471BCURRENT US$
Rnk 32 / 186
2012-2022
Flag
GDP GROWTH15.1%CURRENT US$
Rnk 137 / 186
2022
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GDP PC $4,164CURRENT US$
Rnk 120 / 186
2012-2022
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GDP PC GROWTH90.1%CURRENT US$
Rnk 11 / 186
2022
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GDP PC$52,131CURRENT US$
Rnk 17 / 186
2012-2022
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GDP PC GROWTH7.34%CURRENT US$
Rnk 124 / 186

About

Vietnam-Austria Trade: In 2022, Vietnam exported $2.66B to Austria. The main products that Vietnam exported to Austria were Broadcasting Equipment ($1.94B), Computers ($196M), and Telephones ($51.4M). Over the past 5 years the exports of Vietnam to Austria have decreased at an annualized rate of 0.29%, from $2.7B in 2017 to $2.66B in 2022.

In 2022, Vietnam did not export any services to Austria.

Austria-Vietnam Trade: In 2022, Austria exported $324M to Vietnam. The main products that Austria exported to Vietnam were Packaged Medicaments ($70.3M), Synthetic Reconstructed Jewellery Stones ($19.9M), and Lifting Machinery ($17.7M). Over the past 5 years the exports of Austria to Vietnam have decreased at an annualized rate of 2.57%,  from $369M in 2017 to $324M in 2022.

In 2022, Austria did not export any services to Vietnam.

Comparison: In 2022,  Vietnam ranked 55 in the Economic Complexity Index (ECI 0.2), and 19 in total exports ($399B). That same year, Austria ranked 8 in the Economic Complexity Index (ECI 1.5), and 32 in total exports ($209B).

Historical Data

Latest Data

Trade between Vietnam (Flag) and Austria (Flag)

Austria Exports

Market Competitiveness

Color
Vietnam
Top DestinationUnited States$117B
Austria
Top DestinationGermany$57.7B

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

In 2022, countries that imported more from Vietnam than Austria included United States ($117B), China ($58.7B), and South Korea ($25.2B).

In 2022, countries that imported more from Austria than Vietnam included Germany ($57.7B), Hungary ($10.4B), and Switzerland ($11.2B).

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Vietnam Austria+$49MComputers
Top Product Potential Austria Vietnam+$24.6MPackaged 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

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

Product Space of Vietnam (Flag) and Austria (Flag) (NaN)

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