Export of Goods Value from Austria (1990-2023)

Export of Goods Value from Austria (1990-2023)

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TGM StatBox. (2024). Export of Goods Value from Austria (1990-2023). TGM StatBox.
Chart Details
Timeframe: 1990-2023
Country: Austria
Published date: 2024
Note: Merchandise exports by product group – annual (Million US dollars), as defined by the World Trade Organization (WTO), measures the total value of goods exported from a country, categorized by specific product groups, and expressed in millions of U.S. dollars.
Key Takeaways
Austria's export growth mirrors its integration into the European and global markets. Exports rose from $41.3 billion in 1990 to $118.4 billion by 2004, driven by industrial goods and closer EU ties. The 2008 financial crisis caused a temporary decline, with exports falling to $137 billion in 2009.

Recovery was swift, supported by strong demand for machinery and pharmaceuticals, with exports exceeding $211.9 billion by 2022. Austria's adaptability in high-value sectors ensures steady performance despite economic fluctuations, highlighting its strategic position in European trade networks.

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