Trading Partner Portal: Austria
Overview
Trade Overview
Austria is in central Europe and is a member of the European Union. It is geographically similar to the size of South Carolina, and Vienna is its capital. Austria has a population of 9.18 million people with a gross domestic product (GDP) of $521.64 billion. Austria is categorized as a high-income country with a well-developed market economy. Austria has developed a large service sector, while sustaining their manufacturing and agriculture fields. World Bank, U.S. Department of Commerce
U.S. – Austria Trade
Two-way goods trade between Austria and the U.S. totaled $23.16 billion in 2025, with a total of approximately $5.39 billion worth of goods exported from the U.S. to Austria. Top export categories were chemicals ($2.90 billion), transportation equipment ($453 million), non-electrical machinery ($350 million), computer and electronic products ($316 million), and primary metals manufactures ($313 million). U.S. Department of Commerce
In 2025, the U.S. imported $17.77 billion of goods from Austria. Some of the key imported goods were chemicals ($4.57 billion), transportation equipment ($3.20 billion), non-electrical machinery ($3.14 billion), electrical equipment, appliances & components ($1.21billion), and computer and electronic products ($967 million).
Services trade between the U.S. and Armenia totaled 5.22 billion in 2025, with services exports from the U.S. totaling $2.70 billion. Top exports were travel, other business services, financial services, telecommunications, computer, and information services, and charges for intellectual property use.
Service imports from Armenia to the U.S. totaled $2.52 billion in the same year. Top imports to the U.S. were travel, other business services, transport services, financial services, and personal, cultural, & recreation services.
Austria – California Trade
The United States, California, in particular, has a strong trade relationship with Austria. California is one of the top exporting states to Austria. In 2025, California exported $549 million of goods to Austria, a 68% increase compared to 2024. The major category of exported goods was chemicals, with a total of $318 million. The other major exports included non-electrical machinery ($96 million), computer and electronic products ($51 million), transportation equipment ($29 million), and fabricated metals products ($13 million).
California is also one of the largest importers of goods from Austria compared to the other states in the U.S. California imported almost $1.34 billion of goods in 2025 from Austria. Transportation equipment made up the largest import with a value of $664 million. Other major imported good categories were non-electrical machinery ($230 million), computers and electronic products ($112 million), chemicals ($102 million), and miscellaneous manufactures ($58 million). U.S. Department of Commerce
FDI – Austria
The strong economic relationship between the U.S. and Austria is not just prominent in trade, but also in foreign direct investment (FDI) flows. In 2024, the U.S. had roughly $5.42 billion invested in Austria and Austria had $25.71 billion invested in the U.S. Austria was the fifth fastest growing source of FDI into the U.S. U.S. Department of Commerce
Austrian FDI supported 42,900 jobs, $347 million was invested into innovative research and development in the U.S., and $2.1 billion was put toward expanding U.S. exports. The top industry sectors for Austrian FDI in the U.S. were: industrial equipment, software and IT services, transportation, plastics, electronic components, and metals. SelectUSA
Trade Agreements
Trade Agreements and Issues
Three Seas Initiative (3SI)
The Three Seas Initiative (3SI), getting its name from the three seas that border the region, was launched in 2015 by Croatian President Kolinda Grabar-Kitarović and Polish President Andrzej Duda to promote interconnectivity on energy, infrastructure, and digitization projects in Central and Eastern Europe. The region has a total population of 10 million and a combined GDP of about $1.7 trillion, and has emerged as a significant driver of European economic growth. (Atlantic Council)
The U.S. has committed up to $1 billion to the 3SI, adding momentum to the project and its investment fund, helping to attract international private capital to the region. The initiative has been endorsed diplomatically by the United States, Germany, and the European Union, among others.
Currently, the Three Seas Initiative (3SI) includes:
- 13 participating states (only EU members): Austria, Bulgaria, Croatia, Czech Republic, Estonia, Greece, Latvia, Lithuania, Poland, Romania, Slovakia, Slovenia, and Hungary.
- 6 strategic partners – 2022: the United States, Germany, and the European Commission; 2024: Japan; 2025: Turkey and Spain.
- 4 associated participating states – 2023: Ukraine and Moldova; 2025: Albania and Montenegro.