Saudi Arabia (SAU) and Austria (AUT) Trade | The Observatory of Economic Complexity

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Saudi Arabia-Austria Trade: In 2022, Saudi Arabia exported $117M to Austria. The main products that Saudi Arabia exported to Austria were Aluminium Cans ($54.2M), Refined Petroleum ($43.4M), and Cars ($4.65M). Over the past 5 years the exports of Saudi Arabia to Austria have increased at an annualized rate of 10.1%, from $72M in 2017 to $117M in 2022.

In 2022, Saudi Arabia did not export any services to Austria.

Austria-Saudi Arabia Trade: In 2022, Austria exported $502M to Saudi Arabia. The main products that Austria exported to Saudi Arabia were Vaccines, blood, antisera, toxins and cultures ($63.9M), Hot-Rolled Iron ($29.9M), and Light Fixtures ($28.8M). Over the past 5 years the exports of Austria to Saudi Arabia have decreased at an annualized rate of 1.8%, from $571M in 2017 to $502M in 2022.

In 2022, Austria did not export any services to Saudi Arabia.

Comparison: In 2022, Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Saudi Arabia exported $117M to Austria. The main products exported from Saudi Arabia to Austria were Aluminium Cans ($54.2M), Refined Petroleum ($43.4M), and Cars ($4.65M). During the last 5 years the exports of Saudi Arabia to Austria have increased at an annualized rate of 10.1%, from $72M in 2017 to $117M in 2022.

In 2017, Austria exported $502M to Saudi Arabia. The main products exported from Austria to Saudi Arabia were Vaccines, blood, antisera, toxins and cultures ($63.9M), Hot-Rolled Iron ($29.9M), and Light Fixtures ($28.8M). During the last 5 years the exports of Austria to Saudi Arabia have decreased at an annualized rate of 1.8%, from $571M in 2022 to $502M in 2017.

Exports from Saudi Arabia () to Austria () (2022)

Exports from Austria () to Saudi Arabia () (2022)

Latest Data

Trade between Saudi Arabia () and Austria ()

Saudi Arabia Exports

Date

Austria Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Saudi Arabia
Top DestinationChina$68B

Austria
Top DestinationGermany$57.7B

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

In 2022, countries that imported more from Saudi Arabia than Austria included China ($68B), India ($46.2B), and Japan ($36.5B).

In 2022, countries that imported more from Austria than Saudi Arabia included Germany ($57.7B), Switzerland ($11.2B), and Hungary ($10.4B).

Difference in imports from Austria () and Saudi Arabia () (2022)

Comparative Advantage Saudi Arabia - Austria

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Saudi Arabia had a large net trade with Austria in the exports of Metals ($60.9M), Mineral Products ($43.4M), and Transportation ($6.01M).

During 2017, Austria had a large net trade with Saudi Arabia in the exports of Machines ($127M), Chemical Products ($98.6M), and Metals ($59.8M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Saudi Arabia Austria+$62.2MRefined Petroleum

Top Product Potential Austria Saudi Arabia+N/AN/A

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Saudi Arabia () to Austria () (2022)

Exports from Austria () to Saudi Arabia () (2022)

Latest Data

Trade between Saudi Arabia () and Austria ()

Saudi Arabia Exports

Austria Exports

Market Competitiveness

Difference in imports from Austria () and Saudi Arabia () (2022)

Comparative Advantage Saudi Arabia - Austria

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Saudi Arabia () and Austria () (2022)

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