2022
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GDP
$4.23TCURRENT US$
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2012-2022
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GDP GROWTH
-32.5%CURRENT US$
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2022
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 GDP
$471BCURRENT US$
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2012-2022
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GDP GROWTH
15.1%CURRENT US$
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GDP PC 
$33,815CURRENT US$
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2012-2022
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GDP PC GROWTH
-31.2%CURRENT US$
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2022
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GDP PC
$52,131CURRENT US$
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2012-2022
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GDP PC GROWTH
7.34%CURRENT US$
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About

Japan-Austria Trade: In 2022, Japan exported $1.41B to Austria. The main products that Japan exported to Austria were Cars ($187M), Machinery Having Individual Functions ($185M), and Large Construction Vehicles ($168M). Over the past 5 years the exports of Japan to Austria have decreased at an annualized rate of 2.75%, from $1.63B in 2017 to $1.41B in 2022.

In 2022, Japan did not export any services to Austria.

Austria-Japan Trade: In 2022, Austria exported $1.85B to Japan. The main products that Austria exported to Japan were Cars ($333M), Sawn Wood ($159M), and Metal Mountings ($103M). Over the past 5 years the exports of Austria to Japan have increased at an annualized rate of 3.44%,  from $1.56B in 2017 to $1.85B in 2022.

In 2020, Austria exported services to Japan worth $150M, with Other business services ($78.8M), Travel ($25.1M), and Computer and information services ($17.1M) being the largest in terms of value.

Comparison: In 2022,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($728B). That same year, Austria ranked 8 in the Economic Complexity Index (ECI 1.5), and 32 in total exports ($209B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Japan exported $1.41B to Austria. The main products exported from Japan to Austria were Cars ($187M), Machinery Having Individual Functions ($185M), and Large Construction Vehicles ($168M). During the last 5 years the exports of Japan to Austria have decreased at an annualized rate of 2.75%, from $1.63B in 2017 to $1.41B in 2022.

In 2017, Austria exported $1.85B to Japan. The main products exported from Austria to Japan were Cars ($333M), Sawn Wood ($159M), and Metal Mountings ($103M). During the last 5 years the exports of Austria to Japan have increased at an annualized rate of 3.44%, from $1.56B in 2022 to $1.85B in 2017.

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

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

Market Competitiveness

Color
Japan
Top Destination
United States$137B
Austria
Top Destination
Germany$57.7B

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

In 2022, countries that imported more from Japan than Austria included China ($135B), United States ($137B), and South Korea ($50.8B).

In 2022, countries that imported more from Austria than Japan included Germany ($57.7B), Hungary ($10.4B), and Italy ($13.6B).

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

Comparative Advantage Japan - Austria

Flow
Scale

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

During 2022, Japan had a large net trade with Austria in the exports of Machines ($633M), Transportation ($253M), and Chemical Products ($200M).

During 2017, Austria had a large net trade with Japan in the exports of Transportation ($456M), Machines ($373M), and Wood Products ($313M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Japan Austria+$111MCars
Top Product Potential Austria Japan+$97.5MCars

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 Japan worth $150M, with Other business services ($78.8M), Travel ($25.1M), and Computer and information services ($17.1M) being the largest in terms of value.

Service trade data is presented based on availability.

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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