2022
Flag  
GDP
$409BCURRENT US$
Rnk 35 / 186
2012-2022
Flag
GDP GROWTH
109%CURRENT US$
Rnk 12 / 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 
$4,164CURRENT US$
Rnk 120 / 186
2012-2022
Flag
GDP PC GROWTH
90.1%CURRENT US$
Rnk 11 / 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

Vietnam-Austria Trade: In 2022, Vietnam exported $2.7B 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 increased at an annualized rate of 146%, from $30M in 2017 to $2.7B in 2022.

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

Austria-Vietnam Trade: In 2022, Austria exported $369M 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 increased at an annualized rate of 111%,  from $8.8M in 2017 to $369M 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

Bilateral Trade by Products

Depth
Value

In 2022, Vietnam exported $2.7B to Austria. The main products exported from Vietnam to Austria were Broadcasting Equipment ($1.94B), Computers ($196M), and Telephones ($51.4M). During the last 5 years the exports of Vietnam to Austria have increased at an annualized rate of 146%, from $30M in 2017 to $2.7B in 2022.

In 2017, Austria exported $369M to Vietnam. The main products exported from Austria to Vietnam were Packaged Medicaments ($70.3M), Synthetic Reconstructed Jewellery Stones ($19.9M), and Lifting Machinery ($17.7M). During the last 22 years the exports of Austria to Vietnam have increased at an annualized rate of 111%, from $8.8M in 1995 to $369M in 2017.

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

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

Latest Data

Trade between Vietnam (Flag) and Austria (Flag)

Austria Exports

Market Competitiveness

Color
Vietnam
Top Destination
United States$117B
Austria
Top Destination
Germany$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)

Comparative Advantage Vietnam - Austria

Flow
Scale

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

During 2022, Vietnam had a large net trade with Austria in the exports of Machines ($2.37B), Precious Metals ($56.5M), and Footwear and Headwear ($56.3M).

During 2017, Austria had a large net trade with Vietnam in the exports of Chemical Products ($96.2M), Machines ($88.9M), and Metals ($35.2M).

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) (2022)

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