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Austria Trade Summary

2020

Austria exports, imports, tariff by year.

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR AUSTRIA 2020

Overall Exports and Imports for Austria 2020

Exports and imports of Austria in 2020 are below, along with number of countries and products

  • The total value of exports (FoB) was 162,145 million.
  • The total value of imports (CIF) was 164,636 million.
  • At the HS6 digit level, 4,232 products were exported to 219 countries and 4,433 products were imported from 217 countries.

Austria top 5 Export and Import partners 2020

Top five countries to which Austria exported in 2020 are below, along with the percent of total exports that went to that country:

  1. Austria exports to Germany worth US$ 49,238 million, with a partner share of 30.37 percent.
  2. Austria exports to United States worth US$ 10,478 million, with a partner share of 6.46 percent.
  3. Austria exports to Italy worth US$ 10,024 million, with a partner share of 6.18 percent.
  4. Austria exports to Switzerland worth US$ 8,952 million, with a partner share of 5.52 percent.
  5. Austria exports to France worth US$ 6,949 million, with a partner share of 4.29 percent.

Top five countries from which Austria imported goods in 2020 are below, along with percent of total imports that came from the country :

  1. Austria imports from Germany worth US$ 57,170 million, with a partner share of 34.73 percent.
  2. Austria imports from China worth US$ 11,626 million, with a partner share of 7.06 percent.
  3. Austria imports from Italy worth US$ 10,399 million, with a partner share of 6.32 percent.
  4. Austria imports from Switzerland worth US$ 9,159 million, with a partner share of 5.56 percent.
  5. Austria imports from Czech Republic worth US$ 6,847 million, with a partner share of 4.16 percent.

Austria Top 5 Productsexports imports at HS 6 digit level 2020

The top five exported HS 6 digit level products to world by Austria along with trade value are:

  1. Austria exported Human and animal blood; microbial cultures; tox , worth US$ 5,148,955.48 million.
  2. Austria exported Other medicaments of mixed or unmixed products, , worth US$ 2,926,881.89 million.
  3. Austria exported Waters (incl. mineral and aerated), with added , worth US$ 2,347,160.98 million.
  4. Austria exported Medicaments of other hormones, for retail sale, , worth US$ 2,218,855.13 million.
  5. Austria exported Automobiles with reciprocating piston engine di , worth US$ 1,929,758.97 million.

The top five imported HS 6 digit level products from world by Austria along with trade value are

  1. Austria imported Human and animal blood; microbial cultures; tox , worth US$ 3,258,259.30 million.
  2. Austria imported Other medicaments of mixed or unmixed products, , worth US$ 3,197,903.71 million.
  3. Austria imported Automobiles with diesel engine displacing more , worth US$ 2,980,702.24 million.
  4. Austria imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 2,926,361.07 million.
  5. Austria imported Other hormones and derivatives, nes; other ster , worth US$ 2,581,811.09 million.

Exports and Imports of Product Groups 2020

Exports and imports of products by stages of processing in 2020 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2020

Tariffs imposed by Austria in 2020 are below

  • The maximum rate of tariff in percentage on any product was 74.90 percent.
  • The simple average tariff across all products was 1.98 percent.
  • The trade weighted average tariff was 1.68 .
  • The total duty free imports in thousands of US dollars were 31,393,270.06 and duty free tariff line items share was 61.23 percent.

Development Indicators 2020

Key Development Indicators of Austria in 2020 are below

  • Austria GDP in current US dollar was 435,225 million.
  • GNI per capita, Atlas method (current US$) was 48,990.00 .
  • Austria Trade balance: as % of GDP was 3.00.
  • Trade balance in current US$ was 13,065.00 million.
  • Trade as percentage of GDP was 100.22 .
  • Trade in services as percentage of GDP was 27.67 .

Trade Indicators 2020

Trade Indicators for Austria in 2020 are below

  • Hirschman Herfindahl market concentration index was 0.10.
  • Index of export market penetration was 18.91.
  • World Growth in percentage was -3.75 and Austria Country Growth was -3.45 .