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Trade between Austria and Vietnam

In 2024, Austria exported $233 million to Vietnam and imported $1.8 billion. Austria ran a deficit of $1.6 billion with Vietnam, compared with a deficit of $728 million in 2019. Vietnam was Austria’s 26th largest trading partner (0.5% of its trade), and Austria was Vietnam’s 31st (0.2%).

Summary

Austria → Vietnam
$233million
Vietnam → Austria
$1.8billion
Austria’s balance
-$1.6billion

Balance

Austria’s trade balance with Vietnam

Trade between Austria and Vietnam grew 52.4-fold since 1995

USD billions (current). Austria’s exports and imports; bars: its balance (green surplus, red deficit).

  • Exports 0.2
  • Imports 1.8
  • Balance -1.6

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$9 million$30 million-$21 million
1996$20 million$38 million-$18 million
1997$22 million$47 million-$25 million
1998$29 million$46 million-$17 million
1999$41 million$59 million-$19 million
2000$33 million$72 million-$39 million
2001$50 million$83 million-$34 million
2002$81 million$84 million-$2 million
2003$66 million$105 million-$39 million
2004$79 million$146 million-$67 million
2005$64 million$191 million-$127 million
2006$87 million$251 million-$164 million
2007$99 million$289 million-$190 million
2008$137 million$357 million-$220 million
2009$174 million$289 million-$116 million
2010$152 million$336 million-$185 million
2011$199 million$478 million-$278 million
2012$180 million$576 million-$397 million
2013$224 million$734 million-$509 million
2014$246 million$888 million-$642 million
2015$415 million$879 million-$464 million
2016$343 million$994 million-$651 million
2017$344 million$1.2 billion-$871 million
2018$337 million$957 million-$620 million
2019$364 million$1.1 billion-$728 million
2020$326 million$1.1 billion-$753 million
2021$338 million$1.6 billion-$1.2 billion
2022$338 million$1.5 billion-$1.2 billion
2023$379 million$1.6 billion-$1.2 billion
2024$233 million$1.8 billion-$1.6 billion

What they sell each other

What Austria sells to Vietnam

The top 10 headings in 2024, with their share of the total.

  1. 1 thousand tonnes · Austria’s destinations
  2. 111 tonnes · Austria’s destinations
  3. 23 tonnes
  4. Metal hardware and fittings$11 million · 4.8%
    1 thousand tonnes
  5. Other industrial machines$10 million · 4.4%
    144 tonnes
  6. 249 tonnes
  7. 743 tonnes
  8. Other electrical devices$9 million · 3.7%
    93 tonnes
  9. 29 tonnes
  10. Control panels$5 million · 2%
    97 tonnes

What Vietnam sells to Austria

The top 10 headings in 2024, with their share of the total.

  1. Cameras and broadcast equipment$266 million · 14.7%
    369 tonnes
  2. Textile footwear$185 million · 10.2%
    3 thousand tonnes
  3. Leather footwear$127 million · 7%
    2 thousand tonnes
  4. Rubber and plastic footwear$94 million · 5.2%
    2 thousand tonnes
  5. 4 thousand tonnes
  6. Women's coats and jackets$48 million · 2.7%
    621 tonnes
  7. Phones and telecom equipment$48 million · 2.6%
    102 tonnes
  8. Women's suits and dresses$47 million · 2.6%
    679 tonnes
  9. Bags, suitcases and cases$43 million · 2.4%
    2 thousand tonnes
  10. 1 thousand tonnes

How it travels

Estimated sea route from Koper (Slovenia) to Phu My.

The estimated sea route between Koper (Slovenia) and Phu My is 13,234 nautical miles (24,510 km) long: ≈ 30.5–39.5 days at sea (at 18 and 14 knots).

Because of the 2024 disruptions, traffic is split: 85% via the Strait of Gibraltar, the Cape of Good Hope and the Strait of Malacca and Singapore (13,234 nautical miles); and 15% via the Suez Canal, the Bab-el-Mandeb Strait and the Strait of Malacca and Singapore (7,094 nautical miles).

Austria is landlocked: it ships through Koper (Slovenia).

Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.

Split by transport mode

  1. Sea$662 million · 32.4%
  2. Air$1.4 billion · 67.6%

Mode estimated from value per kilo and geography; both directions together.

How much each matters to the other

Vietnam was Austria’s 26th largest trading partner (0.5% of its trade), and Austria was Vietnam’s 31st (0.2%).

Vietnam in Austria’s trade
0.5%
Vietnam’s rank among Austria’s partners
26th
Austria in Vietnam’s trade
0.2%
Austria’s rank among Vietnam’s partners
31st

Compare with

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.