2022
Flag  
GDP
$471BCURRENT US$
Rnk 32 / 186
2012-2022
Flag
GDP GROWTH
15.1%CURRENT US$
Rnk 137 / 186
2022
Flag
 GDP
$291BCURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP GROWTH
39.3%CURRENT US$
Rnk 83 / 186
2022
Flag
GDP PC 
$52,131CURRENT US$
Rnk 17 / 186
2012-2022
Flag
GDP PC GROWTH
7.34%CURRENT US$
Rnk 124 / 186
2022
Flag
GDP PC
$27,638CURRENT US$
Rnk 42 / 186
2012-2022
Flag
GDP PC GROWTH
39.1%CURRENT US$
Rnk 51 / 186

About

Austria-Czechia Trade: In 2022, Austria exported $7.05B to Czechia. The main products that Austria exported to Czechia were Cars ($347M), Flat Flat-Rolled Steel ($223M), and Packaged Medicaments ($218M). Over the past 5 years the exports of Austria to Czechia have increased at an annualized rate of 4.39%, from $5.69B in 2017 to $7.05B in 2022.

In 2020, Austria exported services to Czechia worth $1.59B, with Transportation ($492M), Other business services ($381M), and Travel ($348M) being the largest in terms of value.

Czechia-Austria Trade: In 2022, Czechia exported $10.9B to Austria. The main products that Czechia exported to Austria were Cars ($742M), Electricity ($698M), and Broadcasting Equipment ($493M). Over the past 5 years the exports of Czechia to Austria have increased at an annualized rate of 6.38%,  from $7.97B in 2017 to $10.9B in 2022.

In 2019, Czechia exported services to Austria worth $621M, with Transportation ($205M), Other business services ($182M), and Travel ($138M) being the largest in terms of value.

Comparison: In 2022,  Austria ranked 8 in the Economic Complexity Index (ECI 1.5), and 32 in total exports ($209B). That same year, Czechia ranked 7 in the Economic Complexity Index (ECI 1.55), and 30 in total exports ($237B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Austria exported $7.05B to Czechia. The main products exported from Austria to Czechia were Cars ($347M), Flat Flat-Rolled Steel ($223M), and Packaged Medicaments ($218M). During the last 5 years the exports of Austria to Czechia have increased at an annualized rate of 4.39%, from $5.69B in 2017 to $7.05B in 2022.

In 2017, Czechia exported $10.9B to Austria. The main products exported from Czechia to Austria were Cars ($742M), Electricity ($698M), and Broadcasting Equipment ($493M). During the last 5 years the exports of Czechia to Austria have increased at an annualized rate of 6.38%, from $7.97B in 2022 to $10.9B in 2017.

Exports from Austria (Flag) to Czechia (Flag) (2022)

Exports from Czechia (Flag) to Austria (Flag) (2022)

Latest Data

Trade between Austria (Flag) and Czechia (Flag)

Austria Exports

Czechia Exports

Market Competitiveness

Color
Austria
Top Destination
Germany$57.7B
Czechia
Top Destination
Germany$75.3B

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

In 2022, countries that imported more from Austria than Czechia included United States ($14.4B), Switzerland ($11.2B), and Italy ($13.6B).

In 2022, countries that imported more from Czechia than Austria included Germany ($75.3B), Slovakia ($19.7B), and Poland ($16.2B).

Difference in imports from Czechia (Flag) and Austria (Flag) (2022)

Comparative Advantage Austria - Czechia

Flow
Scale

This chart compares trade between Austria and Czechia by product, considering products traded by both, Austria and Czechia.

During 2022, Austria had a large net trade with Czechia in the exports of Machines ($1.58B), Metals ($1.25B), and Transportation ($775M).

During 2017, Czechia had a large net trade with Austria in the exports of Machines ($3.19B), Metals ($1.26B), and Transportation ($1.24B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Austria Czechia+$117MMotor vehicles; parts and accessories (8701 to 8705)
Top Product Potential Czechia Austria+$299MCars

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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Bilateral Service Trade

In 2020, Austria exported services to Czechia worth $1.59B, with Transportation ($492M), Other business services ($381M), and Travel ($348M) being the largest in terms of value.

In 2019, Czechia exported services to Austria worth $621M, with Transportation ($205M), Other business services ($182M), and Travel ($138M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Austria (Flag) to Czechia (Flag) (2020)

Services Exports from Czechia (Flag) to Austria (Flag) (2019)

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of Austria (Flag) and Czechia (Flag) (2022)

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