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| Austria Exports By Country | Value | Year |
|---|---|---|
| Germany | $49.24B | 2020 |
| United States | $10.48B | 2020 |
| Italy | $10.02B | 2020 |
| Switzerland | $8.95B | 2020 |
Contents
What does Austria export to other countries?
Economy of Austria
| Statistics | |
|---|---|
| Export goods | machinery and equipment, motor vehicles and parts, manufactured goods, chemicals, iron and steel, foodstuffs |
| Main export partners | Germany (+) 29.4% United States (+) 6.3% Italy (+) 6.2% Switzerland (+) 5.1% France (+) 4.8% Slovakia (+) 4.8% (2017) |
| Imports | $158.1 billion (2017 est.) |
Who does Austria export to?
Austria’s most important two-way trading partners are Germany, followed by Italy, the United States, and Switzerland. The European Union accounts for 70% of Austria’s foreign trade, with Germany constituting around 30% of that value.
What are Austria’s major exports?
Exports The top exports of Austria are Cars ($8.78B), Packaged Medicaments ($6.11B), Vehicle Parts ($4.95B), Blood, antisera, vaccines, toxins and cultures ($4.94B), and Flavored Water ($2.8B), exporting mostly to Germany ($48.4B), United States ($11.7B), Italy ($11B), Switzerland ($8.51B), and France ($7.39B).
Who is Australia’s biggest export countries?
Australia top 5 Export and Import partners
| Exporter | Trade (US$ Mil) | Partner share(%) |
|---|---|---|
| China | 56,947 | 25.71 |
| United States | 26,226 | 11.84 |
| Japan | 15,472 | 6.99 |
| Thailand | 10,667 | 4.82 |
Is Austria richer than UK?
make 11.4% less money
Austria has a GDP per capita of $50,000 as of 2017, while in United Kingdom, the GDP per capita is $44,300 as of 2017.
Is Austria richer than Germany?
Austrians on average have more spending power than Germans, according to Allianz’s Global wealth report for 2015. Austria placed 17th in a ranking of countries with the highest net financial assets (gross assets minus debt) per capita.
What is Austria known for producing?
Austria is a highly developed industrialized country with an important service sector. The most important industries are food and luxury commodities, mechanical engineering and steel construction, chemicals, and vehicle manufacturing.
Who is the most famous Austrian?
Famous Austrians: Wolfgang Amadeus Mozart (Composer), Sigmund Freud (Psychiatrist), Arnold Schwarzenegger (Governor and Actor), Erwin Schrödinger (Physicist), Ludwig Wittgenstein (Philosopher), Maria Theresia (Queen regnant), Lise Meitner (Physicist), Ernst Mach (Physicist), Elfriede Jelinek (Novelist & Nobel Prize
What cars does Austria export?
Austria manufacture over 400,000 cars annually and their major models include Magna, Fiat, BMW, and General Motors (Saab). Cars are also top exports in Hungary, Canada, Spain, Japan, and Sweden.
What cars are made in Austria?
How many car brands are in Austria?
- Achleitner.
- Barbach (Michael Barbach Porsche Manufactur.
- Graf Carello.
- Haidlmair.
- Kreisel evex.
- KTM.
- PRC.
- Puch Pinzgauer (Spare parts)
What does Austria import?
Austria imports mainly machinery and equipment, motor vehicles, chemicals, metal goods, oil and oil products and foodstuffs. Its main import partners are European Union countries (Germany, Italy, Netherlands), Switzerland, China and United States.
Does Austria speak English?
While English is widely spoken in Austria, it has no official status there. Instead, official communications, signage and so forth uses German, as that is the primary language of Austria.
What does New Zealand export?
The foundation of New Zealand’s economy is exporting agricultural commodities such as dairy products, meat, forest products, fruit and vegetables, and wine. Dairy is the lead export commodity. In 2020, New Zealand exports to the U.S. totaled US$4.2 billion, approximately 10% of New Zealand’s total exports.
What do we export to China?
The top US goods exports to China are oilseeds and grains, semiconductors and their componentry, oil and gas, and motor vehicles. Many states also generate substantial economic value from service exports like travel, education, and financial services.
What are China’s biggest exports?
List of exports of China
| # | Product | Value |
|---|---|---|
| 1 | Computers | 210.231 |
| 2 | Broadcasting equipment | 110.979 |
| 3 | Telephones | 91.759 |
| 4 | Office Machine Parts | 47.079 |
Is Austria poor?
Austria is a nation with nearly 8.7 million citizens that lies in the center of Europe.Consequently, the poverty rate in Austria very small. According to the Organisation for Economic Cooperation and Development (OECD), the poverty rate is the ratio of the number of people whose earnings fall below the poverty line.
Is Austria a first world country?
The term “First World” was first introduced by French demographer Alfred Sauvy in 1952* and used frequently throughout the Cold War.
First World Countries 2021.
| Ranking | 18 |
|---|---|
| Country | Austria |
| Human Development Index | 0.922 |
| 2021 Population | 9,043,070 |
Which is bigger Austria or Switzerland?
Austria is about 2 times bigger than Switzerland.
Switzerland is approximately 41,277 sq km, while Austria is approximately 83,871 sq km, making Austria 103% larger than Switzerland.
Is it better to live in Germany or Austria?
Both countries have a high standard of living. However, Austria has less poverty, social tensions, or refugees than Germany and is way more relaxed. Moreover, Vienna had been awarded as the city with the highest quality of life eighth time in a row. German cities are on the list as well, Munich is in place 4.
Is Switzerland or Austria better?
Well, it really depends on what you are after. If you are a nature enthusiast and planning the ultimate European Alpine vacation, then you should probably travel to Switzerland.On the other hand, if you are after a cultural and historical experience, then you should choose Austria for your holiday getaway.
