Austria-Br. Virgin Isds Bilateral Trade Analysis 2023
Complete trade statistics: $31.33M total volume •Austria surplus: $31.33M
Austria → Br. Virgin Isds
$31.33M
Exports (2023)
Br. Virgin Isds → Austria
$0
Imports (2023)
Trade Balance
$31.33M
Surplus for Austria
Total Trade
$31.33M
Combined Volume
Trade Flow Visualization
Direct trade relationship between Austria and Br. Virgin Isds. Green line shows exports from Austria, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Austria-Br. Virgin Isds commercial relationship and competitive positioning in global markets.
Austria → Br. Virgin Isds Exports
Export Market Intelligence
🎯 Strategic Export Focus
Austria's export portfolio to Br. Virgin Isds demonstrates strategic specialization, with aeroplanes and other aircraft: of an unladen weight exceeding 15,000kg representing a key competitive advantage in this bilateral market.
Br. Virgin Isds → Austria Imports
Import Dependency Profile
📦 Import Strategy Analysis
Austria's import pattern from Br. Virgin Isds reveals significant dependencyin footwear: n.e.c. in heading no. 6403, (not covering the ankle), outer soles of rubber, plastics or composition leather, uppers of leather, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Austria demonstrates competitive strength in exportingaeroplanes and other aircraft: of an unladen weight exceeding 15,000kg to Br. Virgin Isds, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $31.33M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Austria-Br. Virgin Isds Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $31.33 millionrepresenting a significant bilateral economic relationship
- Trade Balance: Austria maintains a surplus of $31.33 million
- Export Focus: Austria's primary exports include aeroplanes and other aircraft: of an unladen weight exceeding 15,000kg, waters: including mineral and aerated, containing added sugar or other sweetening matter or flavoured, garments: overcoats, raincoats, car-coats, capes, cloaks and similar articles, men's or boys', of the fabrics of heading no. 5602, 5603, 5903, 5906 or 5907 (not knitted or crocheted)
- Import Dependencies: Key imports from Br. Virgin Isds include footwear: n.e.c. in heading no. 6403, (not covering the ankle), outer soles of rubber, plastics or composition leather, uppers of leather, footwear: n.e.c. in heading no. 6402, (other than just covering the ankle), with outer soles and uppers of rubber or plastics, sports footwear: (other than ski-boots, snowboard boots or cross-country ski footwear), with outer soles and uppers of rubber or plastics
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.
Historical Trade Analysis & Economic Context
Trade Evolution Timeline
2019-2023: Recent Trends
Current trade volume of $31.33M represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.
2015-2019: Growth Period
Sustained expansion in bilateral trade driven by complementary economic structures, with Austria leveraging its comparative advantages in aeroplanes and other aircraft: of an unladen weight exceeding 15,000kg.
2010-2015: Foundation Building
Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.
Pre-2010: Early Development
Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.
Key Economic Drivers
Comparative Advantage
Austria's specialization in aeroplanes and other aircraft: of an unladen weight exceeding 15,000kgcomplements Br. Virgin Isds's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in footwear: n.e.c. in heading no. 6403, (not covering the ankle), outer soles of rubber, plastics or composition leather, uppers of leather.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $31.33M bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $31.33M bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.
Economic Impact & Strategic Outlook
Economic Impact Assessment
Trade Volume Impact
The $31.33 million bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in aeroplanes and other aircraft: of an unladen weight exceeding 15,000kg and footwear: n.e.c. in heading no. 6403, (not covering the ankle), outer soles of rubber, plastics or composition leather, uppers of leather demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Austria's trade surplus of $31.33 million strengthens its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯Strategic Recommendations
- Strengthen cooperation in high-value sectors beyond current trade patterns
- Develop alternative supply chains to reduce dependency risks
- Explore joint ventures in emerging technology sectors
- Enhance trade facilitation and reduce transaction costs
Market Position & Competitive Summary
The bilateral trade relationship between Austria and Br. Virgin Isds represents a total trade volume of $31.33 million in 2023. This partnership demonstrates a favorable trade balance for Austria, with exports exceeding importsby $31.33 million.
Export Strengths
Austria's exports to Br. Virgin Isds total $31.33 million, with competitive advantages in aeroplanes and other aircraft: of an unladen weight exceeding 15,000kg, representing $30.82M or98.4% of bilateral exports.
Import Dependencies
Imports from Br. Virgin Isds amount to $0.00, highlighting economic interdependence in footwear: n.e.c. in heading no. 6403, (not covering the ankle), outer soles of rubber, plastics or composition leather, uppers of leather, with Footwear: n.e.c. in heading no. 6403, (not covering the ankle), outer soles of rubber, plastics or composition leather, uppers of leather comprisingInfinity% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Austria's competitive position in this bilateral relationship. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.
Download Bilateral Trade Data
Access detailed trade data between Austria and Br. Virgin Isds in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023