Country Profile

Capital Vienna
Population 9.2M
GDP $534.8B (2024)
GDP per Capita $58,269
Income Level High Income
Currency euro (EUR €)
Language German
Timezone UTC+01:00
Region Europe · Central Europe

Trade Partners

Austria Exports To

  • Germany 25.0%
  • USA 9.0%
  • Italy 7.0%
  • Switzerland 5.0%
  • Hungary 4.0%

Key exports: cars, packaged medicine, vaccines, vehicle parts/accessories, nitrogen compounds (2023)

Austria Imports From

  • Germany 34.0%
  • China 7.0%
  • Italy 7.0%
  • Switzerland 5.0%
  • Czechia 4.0%

Key imports: cars, garments, vaccines, vehicle parts/accessories, refined petroleum (2023)

Economic Overview

one of the strongest EU and euro economies; diversified trade portfolios and relations; enormous trade economy; Russian energy dependence, but investing in alternative energy; aging labor force but large refugee population; large government debt

Government: federal parliamentary republic

UK Trade Status

FTA in Force

The UK has a free trade agreement with Austria, providing preferential market access for UK exporters.

Trade Barriers

1 active barrier affecting UK exporters

Public procurement registration requirements in Austria affecting UK exporters / investors

Public procurement in Austria requires all applicants to register with a local authority, for which fees are charged, before submitting the documents.

Reported: 15 Mar 2019

Geographic Region

Trading Bloc Memberships

Austria is a member of the following trade agreements and economic blocs.

Export Guidance

Relevant guidance for exporting to Austria.

Start Your Export Journey

Also in This Region

Official Resources

Government export support for Austria.