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Pricing

2022
Flag → Flag
Exports $2.47MRnk 161 / 217
2022
Flag → Flag
Top Product $980kGlass Bottles
2022
Flag → Flag
Exports $21.8kRnk 75 / 109
2022
Flag → Flag
Top Product $21kExcavation Machinery
2022
Flag
Economic Complexity (ECI) ECI 1.5Rnk 8 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.42Rnk 124 / 133
2022
Flag  
GDP$471BCURRENT US$
Rnk 32 / 186
2012-2022
Flag
GDP GROWTH15.1%CURRENT US$
Rnk 137 / 186
2022
Flag
 GDP$14.6BCURRENT US$
Rnk 132 / 186
2012-2022
Flag
GDP GROWTH-17.4%CURRENT US$
Rnk 178 / 186
2022
Flag
GDP PC $52,131CURRENT US$
Rnk 17 / 186
2012-2022
Flag
GDP PC GROWTH7.34%CURRENT US$
Rnk 124 / 186
2022
Flag
GDP PC$2,448CURRENT US$
Rnk 138 / 186
2012-2022
Flag
GDP PC GROWTH-34.8%CURRENT US$
Rnk 180 / 186

About

Austria-Republic of the Congo Trade: In 2022, Austria exported $2.47M to Republic of the Congo. The main products that Austria exported to Republic of the Congo were Glass Bottles ($980k), Flavored Water ($419k), and Chemical Analysis Instruments ($167k). Over the past 5 years the exports of Austria to Republic of the Congo have increased at an annualized rate of 4.97%, from $1.94M in 2017 to $2.47M in 2022.

In 2022, Austria did not export any services to Republic of the Congo.

Republic of the Congo-Austria Trade: In 2022, Republic of the Congo exported $21.8k to Austria. The main products that Republic of the Congo exported to Austria were Excavation Machinery ($21k), Wood Ornaments ($537), and Paper Containers ($168). Over the past 5 years the exports of Republic of the Congo to Austria have decreased at an annualized rate of 43.9%,  from $392k in 2017 to $21.8k in 2022.

In 2022, Republic of the Congo did not export any services to Austria.

Comparison: In 2022,  Austria ranked 8 in the Economic Complexity Index (ECI 1.5), and 32 in total exports ($209B). That same year, Republic of the Congo ranked 124 in the Economic Complexity Index (ECI -1.42), and 96 in total exports ($12.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Austria exported $2.47M to Republic of the Congo. The main products exported from Austria to Republic of the Congo were Glass Bottles ($980k), Flavored Water ($419k), and Chemical Analysis Instruments ($167k). During the last 5 years the exports of Austria to Republic of the Congo have increased at an annualized rate of 4.97%, from $1.94M in 2017 to $2.47M in 2022.

In 2017, Republic of the Congo exported $21.8k to Austria. The main products exported from Republic of the Congo to Austria were Excavation Machinery ($21k), Wood Ornaments ($537), and Paper Containers ($168). During the last 5 years the exports of Republic of the Congo to Austria have decreased at an annualized rate of 43.9%, from $392k in 2022 to $21.8k in 2017.

Exports from Austria (Flag) to Republic of the Congo (Flag) (2022)

Exports from Republic of the Congo (Flag) to Austria (Flag) (2022)

Market Competitiveness

Color
Austria
Top DestinationGermany$57.7B
Republic of the Congo
Top DestinationChina$4.82B

This map shows whether countries import more from Austria or Republic of the Congo. Each country is colored based on the difference in imports they receive from Austria and Republic of the Congo or the difference in the growth in imports.

In 2022, countries that imported more from Austria than Republic of the Congo included Germany ($57.7B), United States ($14.4B), and Italy ($13.6B).

In 2022, countries that imported more from Republic of the Congo than Austria included United Arab Emirates ($1.87B), India ($2.44B), and Vietnam ($537M).

Difference in imports from Republic of the Congo (Flag) and Austria (Flag) (2022)

Comparative Advantage Austria - Republic of the Congo

Flow
Scale

This chart compares trade between Austria and Republic of the Congo by product, considering products traded by both, Austria and Republic of the Congo.

During 2022, Austria had a large net trade with Republic of the Congo in the exports of Stone And Glass ($1.1M), Foodstuffs ($471k), and Machines ($228k).

During 2017, Republic of the Congo had a large net trade with Austria in the exports of Machines ($21k), Wood Products ($537), and Paper Goods ($168).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Austria Republic of the Congo+$246kFlavored Water
Top Product Potential Republic of the Congo Austria+$45.2kExcavation Machinery

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Austria and Republic of the Congo. This means that a dot/product with the flag of Austria indicates it has a comparative advantage over Republic of the Congo. Similarly, a dot/product with the flag of Republic of the Congo indicates it has a comparative advantage over Austria.

Product Space of Austria (Flag) and Republic of the Congo (Flag) (2022)

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