Austria's Trade: Imports And Exports Overview

Austria's economy is heavily reliant on its exports and imports. In 2023, the country was the world's biggest exporter of flavoured water, unprocessed artificial staple fibres, cigarette paper, handguns and railway maintenance vehicles. It also exports cars, packaged medicaments, vaccines, blood, antisera, toxins and cultures, and motor vehicles. In terms of imports, Austria brings in cars, vaccines, blood, antisera, toxins and cultures, refined petroleum, motor vehicles, crude petroleum, and zinc bars.

Austria's biggest exports

Other notable exports from Austria include automobiles with reciprocating piston engines, human and animal blood, microbial cultures, and other medicaments of mixed or unmixed products. In 2020, Austria exported $52.8 billion worth of services, with the top services exported being miscellaneous business, professional, and technical services ($14.1 billion), other transport ($12.2 billion), and personal travel ($11.8 billion).

Austria also has a significant trade relationship with the Czech Republic, importing goods worth US$9,149 million in 2021 and US$10,335 million in 2022, with a partner share of 4.34% and 4.56%, respectively.

Austria's biggest imports

Austria's main import partners are Germany, China, Italy, Switzerland, and the Czech Republic. In 2021, imports from the Czech Republic were worth US$9,149 million, with a partner share of 4.34%. By 2022, this had increased to US$10,335 million, with a partner share of 4.56%.

Austria's top trade partners

Austria's top exports include flavoured water, unprocessed artificial staple fibres, cigarette paper, handguns and railway maintenance vehicles. In 2020, Austria exported $52.8 billion worth of services, including miscellaneous business, professional and technical services ($14.1 billion), other transport ($12.2 billion), personal travel ($11.8 billion), business travel ($2.09 billion) and air transport ($2.05 billion).

Austria's top imports include cars, vaccines, blood, antisera, toxins and cultures, refined petroleum, motor vehicle parts and accessories, and crude petroleum. In 2021, Austria's top five exports were human and animal blood, microbial cultures, tox (worth $6,816,763.98), other medicaments of mixed or unmixed products ($3,214,825.78), waters (including mineral and aerated) with added ($2,516,151.67), automobiles with reciprocating piston engines ($2,313,519.10 and $2,308,005.23). In 2022, Austria imported natural gas in gaseous state (worth $9,695,743.03), petroleum oils (excl. crude); preparation ($8,332,681.90), gold in unwrought forms non-monetary ($5,266,465.15), electrical energy ($4,816,652.39) and human and animal blood, microbial cultures and tox ($4,148,067.51).

Austria's biggest services exports

Austria exported $52.8 billion worth of services in 2020. The top services exported by Austria that year were miscellaneous business, professional, and technical services ($14.1 billion), other transport ($12.2 billion), personal travel ($11.8 billion), business travel ($2.09 billion), and air transport ($2.05 billion).

In 2020, Austria's top five exported products were human and animal blood; microbial cultures; tox (worth $6,816,763.98), other medicaments of mixed or unmixed products (worth $3,214,825.78), waters (including mineral and aerated), with added (worth $2,516,151.67), automobiles with reciprocating piston engines (worth $2,313,519.10), and automobiles with reciprocating piston engines (worth $2,308,005.23).

In 2023, Austria was the world's biggest exporter of flavoured water ($3.26 billion), unprocessed artificial staple fibres ($851 million), cigarette paper ($444 million), handguns ($376 million), and railway maintenance vehicles ($277 million).

Austria imports from the Czech Republic worth $9,149 million, with a partner share of 4.34%. In 2022, Austria imported from the Czech Republic worth $10,335 million, with a partner share of 4.56%.

Austria's biggest services imports

In 2020, Austria imported $52.8 billion worth of services. The top services imported by Austria that year were Miscellaneous business, professional, and technical services ($14.6 billion), Other transport ($12.7 billion), Personal travel ($3.47 billion), Merchanting and other trade-related services ($1.57 billion), and Sea transport ($1.54 billion).

In 2023, the top imports of Austria were Cars ($11.6 billion), Vaccines, blood, antisera, toxins and cultures ($6.32 billion), Machinery including computers ($27.7 billion), and Electrical machinery, equipment ($27.3 billion).

In 2023, 84.4% of Austria's total imports by value were purchased from fellow European countries. The remaining imports came from Asia (11.4%), North America (2.8%), Africa (0.9%), Latin America (0.4%), Oceania (0.1%), and other regions.

The latest available data shows that the top suppliers of products imported by Austria were Germany (37.7% of the Austrian total), Italy (6.1%), Switzerland (5.2%), the Netherlands (5.1%), the Czech Republic (4.7%), mainland China (3.4%), Poland (3.3%), Hungary (2.7%), Slovakia (2.6%), and the United States of America (2.44).

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