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Austria Trade Summary

2023

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 2023

Overall Exports and Imports for Austria 2023

Exports and imports of Austria in 2023 are below, along with number of countries and products

  • The total value of exports (FoB) was 216,177 million.
  • The total value of imports (CIF) was 219,097 million.
  • At the HS6 digit level, 4,230 products were exported to 218 countries and 4,429 products were imported from 225 countries.

Austria top 5 Export and Import partners 2023

Top five countries to which Austria exported in 2023 are below, along with the percent of total exports that went to that country:

  1. Austria exports to Germany worth US$ 62,792 million, with a partner share of 29.05 percent.
  2. Austria exports to United States worth US$ 15,570 million, with a partner share of 7.20 percent.
  3. Austria exports to Italy worth US$ 13,166 million, with a partner share of 6.09 percent.
  4. Austria exports to Switzerland worth US$ 11,163 million, with a partner share of 5.16 percent.
  5. Austria exports to Belgium worth US$ 8,121 million, with a partner share of 3.76 percent.

Top five countries from which Austria imported goods in 2023 are below, along with percent of total imports that came from the country :

  1. Austria imports from Germany worth US$ 68,902 million, with a partner share of 31.45 percent.
  2. Austria imports from China worth US$ 16,340 million, with a partner share of 7.46 percent.
  3. Austria imports from Italy worth US$ 13,950 million, with a partner share of 6.37 percent.
  4. Austria imports from Switzerland worth US$ 12,522 million, with a partner share of 5.72 percent.
  5. Austria imports from Czech Republic worth US$ 9,082 million, with a partner share of 4.14 percent.

Austria Top 5 Productsexports imports at HS 6 digit level 2023

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 9,824,589.99 (US$ Thousands).
  2. Austria exported Lactams (excl. epsilon-caprolactam) , worth 5,273,837.17 (US$ Thousands).
  3. Austria exported Electrical energy , worth 4,496,953.60 (US$ Thousands).
  4. Austria exported Other medicaments of mixed or unmixed products, , worth 3,815,005.25 (US$ Thousands).
  5. Austria exported Engines, spark-ignition reciprocating displacin , worth 2,912,899.57 (US$ Thousands).

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 5,811,150.45 (US$ Thousands).
  2. Austria imported Petroleum oils, etc, (excl. crude); preparation , worth 5,717,376.36 (US$ Thousands).
  3. Austria imported Natural gas in gaseous state , worth 5,371,792.85 (US$ Thousands).
  4. Austria imported Petroleum oils and oils obtained from bituminou , worth 4,797,394.41 (US$ Thousands).
  5. Austria imported Automobiles nes including gas turbine powered , worth 4,792,785.88 (US$ Thousands).

Exports and Imports of Product Groups 2023

Exports and imports of products by stages of processing in 2023 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2023

Tariffs imposed by Austria in 2023 are below

  • The maximum rate of tariff in percentage on any product was 339.77 percent.
  • The simple average tariff across all products was 2.28 percent.
  • The trade weighted average tariff was 1.65 .
  • The total duty free imports in thousands of US dollars were 43,920,688.94 and duty free tariff line items share was 64.50 percent.

Development Indicators 2023

Key Development Indicators of Austria in 2023 are below

  • Austria GDP in current US dollar was 511,685 million.
  • GNI per capita, Atlas method (current US$) was 55,220.00 .
  • Austria Trade balance: as % of GDP was 2.12.
  • Trade balance in current US$ was 10,823.00 million.
  • Trade as percentage of GDP was 116.81 .
  • Trade in services as percentage of GDP was 34.14 .

Trade Indicators 2023

Trade Indicators for Austria in 2023 are below

  • Hirschman Herfindahl market concentration index was 0.09.
  • Index of export market penetration was 18.96.
  • World Growth in percentage was -3.13 and Austria Country Growth was 1.40 .