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2022
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Exports $2.87BRnk 23 / 218
2022
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Top Product $553MCars
2022
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Exports $3.03BRnk 16 / 217
2022
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Top Product $117MMotor vehicles; parts and accessories (8701 to 8705)
2022
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Economic Complexity (ECI) ECI 0.81Rnk 33 / 133
2022
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Economic Complexity (ECI) ECI 1.5Rnk 8 / 133
2022
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GDP$1.4TCURRENT US$
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2012-2022
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GDP GROWTH5.49%CURRENT US$
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2022
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 GDP$471BCURRENT US$
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2012-2022
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GDP GROWTH15.1%CURRENT US$
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2022
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GDP PC $29,350CURRENT US$
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2012-2022
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GDP PC GROWTH3.63%CURRENT US$
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2022
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GDP PC$52,131CURRENT US$
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2012-2022
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GDP PC GROWTH7.34%CURRENT US$
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About

Spain-Austria In 2022, Spain exported $2.87B to Austria. The main products that Spain exported to Austria are Cars ($553M), Antibiotics ($123M), and Motor vehicles; parts and accessories (8701 to 8705) ($118M). During the last 27 years the exports of Spain to Austria have increased at an annualized rate of 4.9%, from $788M in 1995 to $2.87B in 2022.

In 2009, Spain exported services to Austria worth $1.41B, with Services not allocated ($800M), Travel ($529M), and Transportation ($86.4M) being the largest in terms of value.

Austria-Spain In 2022, Austria exported $3.03B to Spain. The main products that Austria exported to Spain were Motor vehicles; parts and accessories (8701 to 8705) ($117M), Flavored Water ($79.6M), and Motorcycles and cycles ($76.2M). During the last 27 years the exports of Austria to Spain have increased at an annualized rate of 3.7%, from $1.14B in 1995 to $3.03B in 2022.

In 2020, Austria exported services to Spain worth $543M, with Transportation ($234M), Other business services ($144M), and Travel ($57.1M) being the largest in terms of value.

Comparison In 2022,  Spain ranked 33 in the Economic Complexity Index (ECI 0.81), and 20 in total exports ($394B). That same year, Austria ranked 8 in the Economic Complexity Index (ECI 1.5), and 32 in total exports ($209B).

Latest Trends

February, 2024

About

Overview In February 2024, Spain exported €252M and imported €264M from Austria, resulting in a negative trade balance of €12.5M. Between February 2023 and February 2024 the exports of Spain have decreased by €-9.55M (-3.66%) from €261M to €252M, while imports increased by €7.95M (3.1%) from €256M to €264M.

Trade In February 2024, the top exports of Spain to Austria were Cars (€50.5M), Antibiotics (€13.6M), Citrus (€8.79M), Packaged Medicaments (€7.98M), and Motor vehicles; parts and accessories (8701... (€7.45M). In February 2024 the top imports of Spain from Austria were Motor vehicles; parts and accessories (8701... (€16.3M), Flavored Water (€11.7M), Nucleic Acids (€7.59M), Motorcycles and cycles (€7.27M), and Excavation Machinery (€6.5M).

Origins In February 2024 the exports of Spain were mainly from Barcelona (€86.9M), Valencia (€16.2M), Álava (€16.1M), Navarra (€11.9M), and Madrid (€11.4M), while imports destinations were mainly Madrid (€73M), Barcelona (€55.8M), Valencia (€20.2M), Guadalajara (€13.6M), and Zaragoza (€8.06M).

Growth In February 2024, the decrease in Spain's year-by-year exports to Austria was explained primarily by an decrease in product exports in Unpackaged Medicaments (€-1.63M or -42.9%), Metalworking Transfer Machines (€-1.33M or -93.1%), and Other Plastic Sheetings (€-1.19M or -77.6%). In February 2024, the increase in Spain's year-by-year imports  from Austria was explained primarily by an increase in product imports  in Motor vehicles; parts and accessories (8701... (€8.15M or 99.5%), Flavored Water (€7.81M or 201%), and Planes, Helicopters, and/or Spacecraft (€4.24M or 2.2k%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (February 2023 - February 2024)€-9.55M(-3.66%)
IMPORT GROWTH (February 2023 - February 2024)€7.95M(3.1%)
MAIN EXPORTER (February 2024)Barcelona€86.9M

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

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

For full datasets download visit Bulk Download page.

Explore Austria and Spain Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Spain exported $2.87B to Austria. The main products exported from Spain to Austria were Cars ($553M), Antibiotics ($123M), and Motor vehicles; parts and accessories (8701 to 8705) ($118M). During the last 27 years the exports of Spain to Austria have increased at an annualized rate of 4.9%, from $788M in 1995 to $2.87B in 2022.

In 2022, Austria exported $3.03B to Spain. The main products exported from Austria to Spain were Motor vehicles; parts and accessories (8701 to 8705) ($117M), Flavored Water ($79.6M), and Motorcycles and cycles ($76.2M). During the last 27 years the exports of Austria to Spain have increased at an annualized rate of 3.7%, from $1.14B in 1995 to $3.03B in 2022.

Exports from Spain (Flag) to Austria (Flag) (2022)

Exports from Austria (Flag) to Spain (Flag) (2022)

Market Competitiveness

Color
Spain
Top DestinationFrance$65.2B
Austria
Top DestinationGermany$57.7B

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

In 2021, countries that imported more from Spain than Austria were France ($65.2B), Portugal ($34.9B), and Italy ($32.1B).

In 2021, countries that imported more from Austria than Spain were Germany ($57.7B), Hungary ($10.4B), and Slovakia ($7.4B).

Difference in imports from Austria (Flag) and Spain (Flag) (2022)

Comparative Advantage Spain - Austria

Flow
Scale

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

During 2022, Spain had a large net trade with Austria in the exports of Transportation ($815M), Chemical Products ($382M), and Machines ($350M).

During 2022, Austria had a large net trade with Spain in the exports of Machines ($810M), Metals ($455M), and Transportation ($382M).

Service Trade

Bilateral Service Trade

In 2009, Spain exported services to Austria worth $1.41B, with Services not allocated ($800M), Travel ($529M), and Transportation ($86.4M) being the largest in terms of value.

In 2020, Austria exported services to Spain worth $543M, with Transportation ($234M), Other business services ($144M), and Travel ($57.1M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Spain (Flag) to Austria (Flag) (2009)

Services Exports from Austria (Flag) to Spain (Flag) (2020)

Economic Complexity

Competitive Landscape

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 Spain has comparative advantage over Austria. Similarly, the more yellow a dot/product is, the more Austria has comparative advantage over Spain.

Product Space of Spain (Flag) and Austria (Flag) (2022)

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