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Austria is the 31st largest export economy in the world. In 2016, Austria exported $146B and imported $162B, resulting in a negative trade balance of $16.5B.

The top exports of Austria are Packaged Medicaments ($6.2B), Vehicle Parts ($4.98B), Cars ($3.99B), Human or Animal Blood ($3.25B) and Combustion Engines ($2.74B), using the 1992 revision of the HS (Harmonized System) classification. Its top imports are Cars ($10B), Broadcasting Equipment ($5.01B), Vehicle Parts ($4.36B), Refined Petroleum ($3.49B) and Hormones ($3.39B).

The top export destinations of Austria are Germany ($39.9B), the United States ($10.9B), Italy ($9.1B), Switzerland ($7.92B) and France ($5.56B). The top import origins are Germany ($68.1B), Italy ($10.1B), Switzerland ($9.1B), the Czech Republic ($7.35B) and the Netherlands ($6.8B).

Austria borders Switzerland, the Czech Republic, Germany, Hungary, Italy, Slovakia and Slovenia.

Economic Complexity of Austria

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