Austria is the 29th largest export economyThe management of money, currency and trade of a nation. The... in the world and the 10th most complex economyThe management of money, currency and trade of a nation. The... according to the Economic Complexity Index (ECI).
In 2014, Austria exported $162B and imported $169B, resulting in a negative tradeThe buying and selling or exchange of goods and services. Th... balance of $7.21B. In 2014 the GDP of Austria was $436B and its GDP per capitaFor each person in the population. Per head. An expression o... was $47.7k.
The top exports of Austria are Packaged Medicaments ($6.39B), Vehicle Parts ($5.11B), Cars ($4.72B), Human or Animal Blood ($2.8B) and Combustion Engines ($2.74B), using the 1992 revision of the HS (Harmonized System) classification.
Its top imports are Cars ($9B), Crude Petroleum ($5.96B), Refined Petroleum ($5.69B), Vehicle Parts ($4.42B) and Packaged Medicaments ($3.69B).
The top export destinations of Austria are Germany ($45B), Italy ($10.6B), the United States ($10.4B), Switzerland ($9.5B) and Hungary ($6.77B).
The top import origins are Germany ($65B), Italy ($10.8B), China ($9.1B), Switzerland ($8.9B) and the Czech Republic ($6.93B).
Austria holds a place of 21st out of 189 popular countries(economically) in case of doing a business in country.’Getting Credit’ is one of the topics in which Austria has decreased it’s ranking from 52 to 59 and even the country has decreased it’s ranking from 101 to 106 in case of ‘Starting a Business’. But in Getting Electricity it has increased its ranking from 19 to 17.