Overview In 2020, Austria was the number 25 economy in the world in terms of GDP (current US$), the number 31 in total exports, the number 28 in total imports,
the number 19 economy in terms of GDP per capita (current US$) and the number 10 most complex economy according to the Economic Complexity Index (ECI).
Exports The top exports of Austria are Cars ($7.02B), Packaged Medicaments ($6.48B), Vaccines, blood, antisera, toxins and cultures ($4.96B), Motor vehicles; parts and accessories (8701 to 8705) ($4.14B), and Flavored Water ($2.86B), exporting mostly to Germany ($46.6B), United States ($10.6B), Italy ($9.75B), Switzerland ($8.82B), and France ($6.89B).
In 2020, Austria was the world's biggest exporter of Flavored Water ($2.86B), Wood Carpentry ($1.41B), Unprocessed Artificial Staple Fibers ($767M), Iron Railway Products ($517M), and Cigarette Paper ($477M)
Imports The top imports of Austria are Cars ($7.91B), Broadcasting Equipment ($4.53B), Motor vehicles; parts and accessories (8701 to 8705) ($4.23B), Vaccines, blood, antisera, toxins and cultures ($3.69B), and Packaged Medicaments ($3.64B), importing mostly from Germany ($64.4B), Italy ($10.4B), Switzerland ($8.32B), China ($8.01B), and Czechia ($7.71B).
In 2020, Austria was the world's biggest importer of Electric Locomotives ($203M) and Slag Dross ($64.6M)
Location Austria borders Czechia, Germany, Hungary, Italy, Slovakia, Slovenia, and Switzerland by land.