Export Economy
Imports 2023: EUR 202.78 billion
Exports 2023: EUR 202.76 billion
The export quota 2023 (product and service exports as a percentage of GDP) was at 59.5 %.
Trade Partners
The most important trade partners are:
- Germany
- USA
- Italy
- Switzerland
- Belgium
Austria's proximity to Central and Eastern European states is a key factor in the increasing significance of trade and the economic networking with these countries. The share of Austrian exports in these regions reached 19.95% in 2023.
Product Groups
The most important product groups for export are:
- Mechanical engineering and terotechnology
- Vehicles and automotive parts
- Iron,Steel and metal goods
- Food and drinks
- Medical and pharmaceutical products
- Synthetics and synthetic products
- Paper and cardboard
Austrian exports are also heavily influenced by service exports, with tourism taking first place in this sector.