Zimbabwe (ZWE) and Austria (AUT) Trade | The Observatory of Economic Complexity

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Zimbabwe-Austria Trade: In 2022, Zimbabwe exported $412k to Austria. The main products that Zimbabwe exported to Austria were Ferroalloys ($199k), Collector's Items ($192k), and Integrated Circuits ($5k). Over the past 5 years the exports of Zimbabwe to Austria have decreased at an annualized rate of 9.65%, from $685k in 2017 to $412k in 2022.

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

Austria-Zimbabwe Trade: In 2022, Austria exported $3.39M to Zimbabwe. The main products that Austria exported to Zimbabwe were Medical Instruments ($433k), Laboratory Reagents ($356k), and Refractory Bricks ($308k). Over the past 5 years the exports of Austria to Zimbabwe have decreased at an annualized rate of 2.14%, from $4.48M in 2017 to $3.39M in 2022.

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

Comparison: In 2022, Zimbabwe ranked 99 in the Economic Complexity Index (ECI -0.74), and 109 in total exports ($8.41B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Zimbabwe exported $412k to Austria. The main products exported from Zimbabwe to Austria were Ferroalloys ($199k), Collector's Items ($192k), and Integrated Circuits ($5k). During the last 5 years the exports of Zimbabwe to Austria have decreased at an annualized rate of 9.65%, from $685k in 2017 to $412k in 2022.

In 2017, Austria exported $3.39M to Zimbabwe. The main products exported from Austria to Zimbabwe were Medical Instruments ($433k), Laboratory Reagents ($356k), and Refractory Bricks ($308k). During the last 5 years the exports of Austria to Zimbabwe have decreased at an annualized rate of 2.14%, from $4.48M in 2022 to $3.39M in 2017.

Exports from Zimbabwe () to Austria () (2022)

Exports from Austria () to Zimbabwe () (2022)

Latest Data

Trade between Zimbabwe () and Austria ()

Zimbabwe Exports

Date

Austria Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Zimbabwe
Top DestinationUnited Arab Emirates$4.78B

Austria
Top DestinationGermany$57.7B

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

In 2022, countries that imported more from Zimbabwe than Austria included United Arab Emirates ($4.78B), South Africa ($1.47B), and Mozambique ($191M).

In 2022, countries that imported more from Austria than Zimbabwe included Germany ($57.7B), United States ($14.4B), and Italy ($13.6B).

Difference in imports from Austria () and Zimbabwe () (2022)

Comparative Advantage Zimbabwe - Austria

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Zimbabwe had a large net trade with Austria in the exports of Metals ($199k), Arts and Antiques ($192k), and Machines ($8.92k).

During 2017, Austria had a large net trade with Zimbabwe in the exports of Machines ($815k), Instruments ($760k), and Metals ($422k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Zimbabwe Austria+$556kFerroalloys

Top Product Potential Austria Zimbabwe+$741kCars

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 Zimbabwe and Austria. This means that a dot/product with the flag of Zimbabwe indicates it has a comparative advantage over Austria. Similarly, a dot/product with the flag of Austria indicates it has a comparative advantage over Zimbabwe.

About

Historical Data

Bilateral Trade by Products

Exports from Zimbabwe () to Austria () (2022)

Exports from Austria () to Zimbabwe () (2022)

Latest Data

Trade between Zimbabwe () and Austria ()

Zimbabwe Exports

Austria Exports

Market Competitiveness

Difference in imports from Austria () and Zimbabwe () (2022)

Comparative Advantage Zimbabwe - Austria

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Zimbabwe () and Austria () (2022)

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