Austria-Germany Bilateral Trade Analysis 2023
Complete trade statistics: $132.00B total volume •Austria deficit: $20.88B
Austria → Germany
$55.56B
Exports (2023)
Germany → Austria
$76.44B
Imports (2023)
Trade Balance
$20.88B
Deficit for Austria
Total Trade
$132.00B
Combined Volume
Trade Flow Visualization
Direct trade relationship between Austria and Germany. Green line shows exports from Austria, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Austria-Germany commercial relationship and competitive positioning in global markets.
Austria → Germany Exports
Export Market Intelligence
🎯 Strategic Export Focus
Austria's export portfolio to Germany demonstrates strong diversification across multiple sectors, with electrical energy representing a key competitive advantage in this bilateral market.
Germany → Austria Imports
Import Dependency Profile
📦 Import Strategy Analysis
Austria's import pattern from Germany reveals strategic sourcingin petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Austria demonstrates competitive strength in exportingelectrical energy to Germany, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsstrongcomplementarity, with each country specializing in different sectors.
Growth Potential
The $132.00B trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Austria-Germany Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $132.00 billionrepresenting a significant bilateral economic relationship
- Trade Balance: Austria maintains a deficit of $20.88 billion
- Export Focus: Austria's primary exports include electrical energy, engines: reciprocating piston engines, of a kind used for the propulsion of vehicles of chapter 87, of a cylinder capacity exceeding 1000cc, blood, human or animal, antisera, other blood fractions and immunological products: antisera and other blood fractions
- Import Dependencies: Key imports from Germany include petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils, electrical energy, vehicles: with only compression-ignition internal combustion piston engine (diesel or semi-diesel), cylinder capacity over 1500 but not over 2500cc
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents one of the world's largest trade partnerships, with complementary economic strengths driving sustained commercial exchange.
Historical Trade Analysis & Economic Context
Trade Evolution Timeline
2019-2023: Recent Trends
Current trade volume of $132.00B represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.
2015-2019: Growth Period
Sustained expansion in bilateral trade driven by complementary economic structures, with Austria leveraging its comparative advantages in electrical energy.
2010-2015: Foundation Building
Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.
Pre-2010: Early Development
Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.
Key Economic Drivers
Comparative Advantage
Austria's specialization in electrical energycomplements Germany's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $132.00B bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $132.00B bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.
Economic Impact & Strategic Outlook
Economic Impact Assessment
Trade Volume Impact
The $132.00 billion bilateral trade volume represents a major economic driverfor both economies.
Industrial Integration
Trade flows in electrical energy and petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Austria's trade deficit of $20.88 billion impacts its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯Strategic Recommendations
- Strengthen cooperation in high-value sectors beyond current trade patterns
- Develop alternative supply chains to reduce dependency risks
- Explore joint ventures in emerging technology sectors
- Enhance trade facilitation and reduce transaction costs
Market Position & Competitive Summary
The bilateral trade relationship between Austria and Germany represents a total trade volume of $132.00 billion in 2023. This partnership demonstrates an unfavorable trade balance for Austria, with imports exceeding exportsby $20.88 billion.
Export Strengths
Austria's exports to Germany total $55.56 billion, with competitive advantages in electrical energy, representing $1.48B or2.7% of bilateral exports.
Import Dependencies
Imports from Germany amount to $76.44 billion, highlighting economic interdependence in petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils, with Petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils comprising5.4% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Austria's strategic sourcing from Germany. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.
Download Bilateral Trade Data
Access detailed trade data between Austria and Germany in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023