Austria's major exports highlight the country's expertise in industries such as automotive, machinery, iron and steel, pharmaceuticals, and plastics. With Germany consistently emerging as a key trading partner across multiple sectors, Austria leverages its geographical proximity and strong trade relationships to export goods to various global markets. By focusing on high-quality manufacturing and innovation, Austria's export sectors contribute significantly to the country's economic growth and international competitiveness. As Austria continues to invest in research and development and explore new markets, it strives to maintain its position as a key player in the global trade arena and further expand its export capabilities in the future.
Vehicles and Vehicle Parts
Austria is a prominent exporter of vehicles and vehicle parts, including automobiles, trucks, and automotive components. The annual export volume for this category is approximately 1.5 million units, valued at around $25 billion. Austria's closest trading partners for vehicles and vehicle parts include Germany, the United States, and Italy.
Machinery and Mechanical Appliances
Austria's machinery and mechanical appliances industry is a vital export sector. It encompasses various products such as engines, turbines, pumps, and industrial machinery. The annual export volume for this category is estimated to be around 15 billion euros ($17 billion). Key trading partners for Austria's machinery and mechanical appliances include Germany, the United States, and Switzerland.
Iron and Steel Products
Austria is renowned for its iron and steel industry, exporting a wide range of products such as bars, rods, and tubes. The annual export volume for iron and steel products is approximately 10 million metric tons, with an export value of around $12 billion. Austria's closest trading partners in this sector include Germany, Italy, and Switzerland.
Electrical Machinery and Equipment
Austria excels in the production and export of electrical machinery and equipment, including electric motors, generators, and transformers. The annual export volume for this category is approximately 5 billion euros ($5.7 billion). The key trading partners for Austria's electrical machinery and equipment include Germany, Italy, and the United States.
Pharmaceuticals
Austria's pharmaceutical industry is a significant contributor to its export economy, producing a wide range of medications and pharmaceutical products. The annual export volume for pharmaceuticals is estimated at around 2 billion euros ($2.3 billion). Austria's closest trading partners for pharmaceuticals include Germany, Switzerland, and the United States.
Plastics and Plastic Products
Austria exports various plastic products, including packaging materials, pipes, and plastic articles. The annual export volume for plastics is approximately 2 billion euros ($2.3 billion). Key trading partners for Austria's plastics and plastic products include Germany, Italy, and France.
Organic Chemicals
Austria is known for its chemical industry, exporting a range of organic chemicals used in various sectors. The annual export volume for organic chemicals is estimated at around 1.5 billion euros ($1.7 billion). Austria's closest trading partners in this sector include Germany, Switzerland, and Italy.
Furniture and Wood Products
Austria has a strong tradition of producing high-quality furniture and wood products. The annual export volume for this category is approximately 1.5 billion euros ($1.7 billion). Key trading partners for Austria's furniture and wood products include Germany, Italy, and Switzerland.
Optics and Medical Instruments
Austria is renowned for its precision engineering and manufacturing of optics and medical instruments. The annual export volume for this category is estimated at around 1 billion euros ($1.1 billion). The key trading partners for Austria's optics and medical instruments include Germany, the United States, and Switzerland.
Paper and Paper Products
Austria exports a range of paper and paper products, including packaging materials, printing paper, and cardboard. The annual export volume for this category is approximately 800 million euros ($910 million). Key trading partners for Austria's paper and paper products include Germany, Italy, and the Netherlands.
Related Information
