Imports in Austria increased to 12674 EUR Million in September from 10806 EUR Million in August of 2020. globalEDGE - Your source for business knowledge Menu. Austria Trade Statistics. Austria is the 30th largest export economy in the world and the 10th most complex economy according to the Economic Complexity Index (ECI). Although the accession of Austria to the European Union has brought stiffer competition from European producers, U.S. exports to Austria increased considerably in the mid to late 1990s. In 2018, Austria's exports per capita were $19.9k and its imports per capita were $20.3k. The United States is Austria's largest non-European trading partner, taking 4.5 percent of Austrian exports and providing 5 percent of its imports. In 2017 the GDP of Austria … Austria’s biggest export partner is Germany, accounting for almost 29.5% of the total trade. The adjacent list reveals the 10 biggest Austrian export partners, accounting for 66.3% of total Austrian exports. Switzerland too has a prominent trading relation with Austria at 4.2% (2008 est). HS Code Export USD$ (84) Industrial Machinery: $30,884,495,166 Top Austrian Exporters Trade Partners Thirty-eighth richest country Austria is the world's number 27 exporter, shipping US$174.7 billion worth of goods in 2013. It is geographically similar to the size of South Carolina and Vienna is the capital. Understanding the business environment through key figures of international trade providing info on the degree of openness to the outside: the share of imports and exports of goods and services in GDP, trade balance, current account, the main trading partners, the main products traded. The year 2012 saw an increase of 9.4% from 2011 in U.S. exports to Austria; in total, exports amounted to $5.28 billion, while U.S. imports from Austria accounted for $8.89 billion. Imports in Austria averaged 4142.74 EUR Million from 1953 until 2020, reaching an all time high of 14750 EUR Million in October of 2018 and a record low of 61 EUR Million in January of 1953. Austria Trade, Exports and Imports. This page gathers information on Austria's participation in the WTO. The European Union accounts for 70% of Austria’s foreign trade, with Germany constituting around 30% of that value. The United States is its 2nd biggest export partner, while Italy is its next biggest import partner. According to these numbers, the United States are Austria’s fourth largest trading partner overall, and the leading trading partner … Austria is categorized as […] In this guide, we give you an overview of Austria’s economy, including the country’s primary imports and exports. In 2017, Austria exported $148B and imported $162B, resulting in a negative trade balance of $14.1B. Germany is Austria’s biggest trade partner by far for both exports and imports. Austria Trade Statistics. Austria's 20 central trading partners accounted for 86.3% of imports and 84.0% of exports - a total of 14 EU countries and six third countries were represented in this ranking. It is a member State of the European Union (more info). Italy stands second with 8.6% and USA comes in third with 4.3%. Trading Partner Portal: Austria Trade Overview Austria is in central Europe and is a member of the European Union. Austria has a population of 8.8 million people with a gross domestic product (GDP) of $455.28 billion. Global Insights ... View All Export/Import Trade Partners Traded Goods (at the 2-digit HS Code level) Top 10 Export Goods. Austria’s most important two-way trading partners are Germany, followed by Italy, the United States, and Switzerland. With the exception of Liechtenstein, all of Austria's neighbouring countries were among the top 20 partner … Austria has been a WTO member since 1 January 1995 and a member of GATT since 19 October 1951. Austria and the WTO. 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