Overview In 2022, Austria was the number 32 economy in the world in terms of GDP (current US$), the number 32 in total exports, the number 29 in total imports, the number 17 economy in terms of GDP per capita (current US$) and the number 8 most complex economy according to the Economic Complexity Index (ECI) .
Exports The top exports of Austria are Cars ($7.72B), Packaged Medicaments ($7.25B), Vaccines, blood, antisera, toxins and cultures ($6.76B), Electricity ($5.38B), and Motor vehicles; parts and accessories (8701 to 8705) ($4.97B), exporting mostly to Germany ($57.7B), United States ($14.4B), Italy ($13.6B), Switzerland ($11.2B), and Hungary ($10.4B).
In 2022, Austria was the world's biggest exporter of Flavored Water ($3.58B), Unprocessed Artificial Staple Fibers ($973M), Iron Railway Products ($627M), Cigarette Paper ($467M), and Handguns ($427M)
Imports The top imports of Austria are Cars ($8.75B), Refined Petroleum ($8.25B), Gold ($7.27B), Broadcasting Equipment ($5.83B), and Electricity ($5.67B), importing mostly from Germany ($86.5B), Italy ($15B), Czechia ($10.9B), Switzerland ($10.8B), and Netherlands ($9.65B).
In 2022, Austria was the world's biggest importer of Slag Dross ($116M) and Human Hair ($15.1M)
Location Austria borders Czechia, Germany, Hungary, Italy, Slovakia, Slovenia, and Switzerland by land.