Turkey (TUR) and Austria (AUT) Trade | The Observatory of Economic Complexity

About

Turkey-Austria In 2022, Turkey exported $1.9B to Austria. The main products that Turkey exported to Austria are Cars ($93.8M), Aluminium Bars ($80.2M), and Jewellery ($72.3M). During the last 27 years the exports of Turkey to Austria have increased at an annualized rate of 7.05%, from $301M in 1995 to $1.9B in 2022.

In 2009, Turkey exported services to Austria worth $404M, with Travel ($400M), Other business services ($3.1M), and Insurance services ($1.03M) being the largest in terms of value.

Austria-Turkey In 2022, Austria exported $1.96B to Turkey. The main products that Austria exported to Turkey were Unprocessed Artificial Staple Fibers ($145M), Flavored Water ($121M), and Cars ($108M). During the last 27 years the exports of Austria to Turkey have increased at an annualized rate of 6.93%, from $320M in 1995 to $1.96B in 2022.

In 2020, Austria exported services to Turkey worth $562M, with Other business services ($288M), Transportation ($120M), and Computer and information services ($73.1M) being the largest in terms of value.

Comparison In 2022, Turkey ranked 41 in the Economic Complexity Index (ECI 0.6), and 29 in total exports ($262B). That same year, Austria ranked 8 in the Economic Complexity Index (ECI 1.5), and 32 in total exports ($209B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Turkey exported $1.9B to Austria. The main products exported from Turkey to Austria were Cars ($93.8M), Aluminium Bars ($80.2M), and Jewellery ($72.3M). During the last 27 years the exports of Turkey to Austria have increased at an annualized rate of 7.05%, from $301M in 1995 to $1.9B in 2022.

In 2022, Austria exported $1.96B to Turkey. The main products exported from Austria to Turkey were Unprocessed Artificial Staple Fibers ($145M), Flavored Water ($121M), and Cars ($108M). During the last 27 years the exports of Austria to Turkey have increased at an annualized rate of 6.93%, from $320M in 1995 to $1.96B in 2022.

Exports from Turkey () to Austria () (2022)

Exports from Austria () to Turkey () (2022)

Latest Data

Trade between Turkey () and Austria ()

Turkey Exports

Date

Austria Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Turkey
Top DestinationGermany$21.9B

Austria
Top DestinationGermany$57.7B

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

In 2021, countries that imported more from Turkey than Austria were Iraq ($13.7B), United Kingdom ($13.7B), and Russia ($9.24B).

In 2021, countries that imported more from Austria than Turkey were Germany ($57.7B), Switzerland ($11.2B), and Hungary ($10.4B).

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

Comparative Advantage Turkey - Austria

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Turkey had a large net trade with Austria in the exports of Metals ($415M), Machines ($385M), and Transportation ($262M).

During 2022, Austria had a large net trade with Turkey in the exports of Machines ($530M), Metals ($371M), and Transportation ($244M).

Service Trade

Bilateral Service Trade

Aut Year

Tur Year

2009

2008

In 2009, Turkey exported services to Austria worth $404M, with Travel ($400M), Other business services ($3.1M), and Insurance services ($1.03M) being the largest in terms of value.

In 2020, Austria exported services to Turkey worth $562M, with Other business services ($288M), Transportation ($120M), and Computer and information services ($73.1M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Turkey () to Austria () (2009)

Services Exports from Austria () to Turkey () (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 Turkey has comparative advantage over Austria. Similarly, the more yellow a dot/product is, the more Austria has comparative advantage over Turkey.

About

Historical Data

Bilateral Trade by Products

Exports from Turkey () to Austria () (2022)

Exports from Austria () to Turkey () (2022)

Latest Data

Trade between Turkey () and Austria ()

Turkey Exports

Austria Exports

Market Competitiveness

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

Comparative Advantage Turkey - Austria

Service Trade

Bilateral Service Trade

Services Exports from Turkey () to Austria () (2009)

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

Economic Complexity

Competitive Landscape

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

Keep Exploring