Netherlands (NLD) and Austria (AUT) Trade | The Observatory of Economic Complexity

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Netherlands-Austria In 2022, Netherlands exported $9.65B to Austria. The main products that Netherlands exported to Austria are Packaged Medicaments ($591M), Broadcasting Equipment ($383M), and Raw Aluminium ($338M). During the last 27 years the exports of Netherlands to Austria have increased at an annualized rate of 5.05%, from $2.55B in 1995 to $9.65B in 2022.

In 2020, Netherlands exported services to Austria worth $1.55B, with Other business services ($502M), Transportation ($483M), and Royalties and license fees ($265M) being the largest in terms of value.

Austria-Netherlands In 2022, Austria exported $3.95B to Netherlands. The main products that Austria exported to Netherlands were Packaged Medicaments ($156M), Vaccines, blood, antisera, toxins and cultures ($135M), and Alcohol > 80% ABV ($117M). During the last 27 years the exports of Austria to Netherlands have increased at an annualized rate of 3.42%, from $1.59B in 1995 to $3.95B in 2022.

In 2020, Austria exported services to Netherlands worth $2.77B, with Travel ($1.14B), Other business services ($552M), and Transportation ($540M) being the largest in terms of value.

Comparison In 2022, Netherlands ranked 20 in the Economic Complexity Index (ECI 1.1), and 6 in total exports ($674B). That same year, Austria ranked 8 in the Economic Complexity Index (ECI 1.48), and 32 in total exports ($209B).

Latest Trends

October, 2022

About

Overview In October 2022, Netherlands exported €728M and imported €346M from Austria, resulting in a positive trade balance of €382M. Between October 2021 and October 2022 the exports of Netherlands have increased by €86M (13.4%) from €642M to €728M, while imports increased by €76M (28.1%) from €270M to €346M.

Trade In October 2022, the top exports of Netherlands to Austria were Medicaments (including veterinary medicaments) (€37M), Telecommunications equipment, n.e.s., and parts, n.e.s.,... (€26M), Fruit and nuts (not including oil... (€17M), Crude vegetable materials, n.e.s. (€17M), and Medicinal and pharmaceutical products, other than... (€17M). In October 2022 the top imports of Netherlands from Austria were Internal combustion piston engines, and parts... (€18M), Arms and ammunition (€11M), Non-alcoholic beverages, n.e.s. (€10M), Medicinal and pharmaceutical products, other than... (€9M), and Paper and paperboard (€7M).

Growth In October 2022, the increase in Netherlands's year-by-year exports to Austria was explained primarily by an increase in product exports in Medicaments (including veterinary medicaments) (€13M or 54.2%), Medicinal and pharmaceutical products, other than... (€4M or 30.8%), and Organo-inorganic compounds, heterocyclic compounds, nucleic acids... (€3M or 300%). In October 2022, the increase in Netherlands's year-by-year imports from Austria was explained primarily by an increase in product imports in Structures and parts of structures, n.e.s.,... (€3M or 100%), Non-alcoholic beverages, n.e.s. (€2M or 25%), and Electrical machinery and apparatus, n.e.s. (€2M or 100%).

Latest Trade

Flow

Exports

Imports

Time Scale

Year

Quarter

Month

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (October 2021 - October 2022)€86M(13.4%)

IMPORT GROWTH (October 2021 - October 2022)€76M(28.1%)

This section shows exports and imports data at subnational level for Netherlands. Click any date in the line plot or any product to explore the exports or imports behavior of Netherlands over time.

To check Austria and Netherlands trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Netherlands exported $9.65B to Austria. The main products exported from Netherlands to Austria were Packaged Medicaments ($591M), Broadcasting Equipment ($383M), and Raw Aluminium ($338M). During the last 27 years the exports of Netherlands to Austria have increased at an annualized rate of 5.05%, from $2.55B in 1995 to $9.65B in 2022.

In 2022, Austria exported $3.95B to Netherlands. The main products exported from Austria to Netherlands were Packaged Medicaments ($156M), Vaccines, blood, antisera, toxins and cultures ($135M), and Alcohol > 80% ABV ($117M). During the last 27 years the exports of Austria to Netherlands have increased at an annualized rate of 3.42%, from $1.59B in 1995 to $3.95B in 2022.

Exports from Netherlands () to Austria () (2022)

Exports from Austria () to Netherlands () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Netherlands
Top DestinationGermany$131B

Austria
Top DestinationGermany$57.7B

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

In 2021, countries that imported more from Netherlands than Austria were Belgium ($94.3B), Germany ($131B), and France ($59.9B).

In 2021, countries that imported more from Austria than Netherlands were Slovakia ($7.4B), Switzerland ($11.2B), and Hungary ($10.4B).

Difference in imports from Austria () and Netherlands () (2022)

Comparative Advantage Netherlands - Austria

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Netherlands had a large net trade with Austria in the exports of Machines ($2.15B), Chemical Products ($1.6B), and Metals ($1.28B).

During 2022, Austria had a large net trade with Netherlands in the exports of Machines ($1.06B), Metals ($496M), and Chemical Products ($493M).

Service Trade

Bilateral Service Trade

Aut Year

Nld Year

In 2020, Netherlands exported services to Austria worth $1.55B, with Other business services ($502M), Transportation ($483M), and Royalties and license fees ($265M) being the largest in terms of value.

In 2020, Austria exported services to Netherlands worth $2.77B, with Travel ($1.14B), Other business services ($552M), and Transportation ($540M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Netherlands () to Austria () (2020)

Services Exports from Austria () to Netherlands () (2020)

Economic Complexity

Competitive Landscape

Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more Netherlands has comparative advantage over Austria. Similarly, the more yellow a dot/product is, the more Austria has comparative advantage over Netherlands.

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Latest Trends

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Latest Trade

Subscribe today to OEC pro and access the latest data

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Historical Data

Bilateral Trade by Products

Exports from Netherlands () to Austria () (2022)

Exports from Austria () to Netherlands () (2022)

Market Competitiveness

Difference in imports from Austria () and Netherlands () (2022)

Comparative Advantage Netherlands - Austria

Service Trade

Bilateral Service Trade

Services Exports from Netherlands () to Austria () (2020)

Services Exports from Austria () to Netherlands () (2020)

Economic Complexity

Competitive Landscape

Product Space of Netherlands () and Austria () (2022)

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