Navigator
Austria
(information)
Population as of 2020: 8.9 million 98 of 193
highest next higher next lower lowest
Region: Europe
Nominal G.D.P. in 2024: $521 billion 29 of 193
highest next higher next lower lowest
Top Exports
Austria exported about **$210–215 billion in goods in 2024**, with a strong, diversified industrial base focused on **machinery, vehicles, pharmaceuticals, metals, and high-value manufacturing**. | Rank | Export Category | Notes | | ---- | -------------------------------------------- | ------------------------------------------------------------------- | | 1 | **Machinery (including computers)** | Largest sector (~17% of exports). | | 2 | **Electrical machinery & electronics** | Industrial electronics, power equipment. | | 3 | **Pharmaceuticals** | Fast-growing, high-value sector. | | 4 | **Vehicles (cars & parts)** | Strong automotive industry. | | 5 | **Plastics & plastic articles** | Industrial materials. | | 6 | **Iron & steel** | Core industrial exports. | | 7 | **Articles of iron or steel** | Processed metal goods. | | 8 | **Mineral fuels (refined products)** | Smaller but notable. | | 9 | **Optical, medical & precision instruments** | High-tech equipment. | | 10 | **Wood & wood products** | Forestry exports. | Additional major export categories/products | Rank | Product / Category | Estimated Value (USD) | | ---- | ------------------------------------------- | ------------------------------- | | 11 | **Paper & paperboard** | ~$5B+ | | 12 | **Aluminum & aluminum products** | ~$5B | | 13 | **Beverages (incl. wine, spirits)** | ~$3–4B | | 14 | **Precious metals & stones** | ~$3B | | 15 | **Organic chemicals** | ~$2–3B | | 16 | **Base metal manufactures (misc.)** | ~$2–3B | | 17 | **Engines (piston engines, turbines)** | Key machinery exports | | 18 | **Automobile parts & accessories** | Integrated EU supply chains | | 19 | **Electrical energy (power exports)** | Cross-border electricity trade | | 20 | **Non-alcoholic beverages & food products** | Niche but steady exports | Key Takeaways * **Industrial powerhouse:** Austria is a **highly industrialized exporter**, dominated by **machinery, vehicles, and metals**. * **Strong pharma growth:** Pharmaceuticals are among the **fastest-growing export sectors**. * **EU supply chain integration:** Many exports are **intermediate goods** used across European manufacturing networks. * **Balanced economy:** Mix of **heavy industry, high-tech manufacturing, and natural-resource products (wood, paper)**. Top Importers of Austria’s Exports (2024) | Rank | Country | Notes | | ---- | ------------------ | ------------------------------------------------------------------ | | 1 | **Germany** | By far the largest partner; machinery, vehicles, industrial goods. | | 2 | **United States** | Pharmaceuticals, machinery, and high-value goods. | | 3 | **Italy** | Machinery, metals, and industrial equipment. | | 4 | **Switzerland** | Pharmaceuticals, chemicals, and machinery. | | 5 | **France** | Vehicles, machinery, and industrial goods. | | 6 | **Czech Republic** | Strong regional supply chains; industrial goods. | | 7 | **Hungary** | Automotive components and machinery. | | 8 | **Poland** | Machinery and industrial products. | | 9 | **Slovakia** | Automotive and industrial supply chains. | | 10 | **United Kingdom** | Pharmaceuticals, machinery, and consumer goods. | Key Patterns * **Germany dominates**: * Typically accounts for **~30% of Austria’s exports**, reflecting deep economic integration. * **Regional (Central European) focus**: * Strong trade with **neighboring countries** (Italy, Czech Republic, Hungary, Slovakia). * **EU supply chains**: * Austria exports many **intermediate industrial goods** used across Europe. * **Global reach (limited but important)**: * The **United States** is the key non-European market.
