71022 Austria: Trade At-A-Glance Dec-08 2007 GDP 2007 GDP 2007 Share 2007 Trade Membership No. of RTAs/ EIAs (millions) per capita in World Trade per capita GATT WTO Goods Services $369,612 $44,657 1.19% $47,488 1951 1995 25 4 Austria TRADE PERFORMANCE ‡ HI OECD Ranking Decile TP High inc TRADE POLICY (TP) (out of 125) 25 2 EXTERNAL ENVIRONMENT (EE) (out of 126) 20 2 TO EE INSTITUTIONAL ENVIRONMENT (IE) (out of 181) 27 2 TRADE FACILITATION (TF) (out of 151) 5 1 TRADE OUTCOME (TO) (out of 161) 83 6 TF IE ‡ Rankings are based on the "representative" indicators (in bold) in each group below for the latest year Outer bound represents best value in latest year TRADE POLICY (TP)  1995-99^ 2000-04^ 2005-07^ Latest^ Trade Tariff Restrictiveness Index (MFN applied tariffs)& 3.9 4.1 4.1 * TTRI (applied tariffs including preferences) & .. 1.6 1.8 * TTRI Overall TRI (OTRI, applied tariffs incl. prefs.+NTMs)& .. 6.5 6.4 * (MFN) Other trade policy indicators MFN applied tariff - simple avg (%) 7.9 6.1 5.3 5.5 Applied Dispersion (coefficient of variation) 4.4 10.1 1.7 2.0 tariff (wgt avg) Maximum rate 1635.3 2102.4 201.3 228.8 Agriculture - simple avg (%) 26.4 19.1 14.7 16.7 Import Nonagriculture - simple avg (%) 5.2 4.2 3.9 3.8 duties MFN applied tariff - trade weighted avg (%) 5.7 3.5 3.2 3.2 MFN zero-duty imports (% in total imports) 27.4 44.3 58.8 56.7 * Applied tariff (incl. prefs.) - trade weighted avg (%) 4.3 2.2 1.9 2.1 Nontariff measures Agriculture 20.4 11.2 9.4 10.1 Nonagriculture 2.9 1.6 1.5 1.6 0 10 20 30 40 Applied tariff (incl. prefs.) - production weighted avg (%) .. 1.2 1.5 * HI OECD High inc Austria Applied tariff (incl. prefs.) escalation (finished% minus raw%) -0.3 1.0 1.0 Agriculture .. 7.4 14.4 16.5 Nonagriculture .. -2.2 1.0 0.9 Import duties (% of imports) 0.0 0.0 0.0 0.0 * Services commit. Tariff overhang (MFN bound less MFN applied rate,%) -0.3 1.4 0.2 0.0 Bound tariff frequency ratio (% of total lines) 100.0 100.0 100.0 100.0 * Specific tariffs frequency ratio (%) 3.2 3.7 12.5 10.5 0 40 80 Non-tariff measures frequency ratio (%) 34.4 .. .. .. HI OECD High inc Austria Overall GATS commitment index (0-100, best) .. 72.1 72.1 EXTERNAL ENVIRONMENT (EE)  1995-99^ 2000-04^ 2005-07^ Latest^ MA-TTRI (applied tariffs incl. prefs.)& 4.8 4.4 * MA-OTRI (applied tariffs incl. prefs.+NTMs)& 14.3 9.1 * MA-TTRI Other external environment indicators ROW applied tariff (incl. prefs.) - weighted avg (%) 5.3 4.1 3.1 2.6 * MFN duty free Agriculture 27.0 22.5 13.1 7.9 * (exports) Nonagriculture 4.5 3.2 2.6 2.5 * MFN zero-duty exports (% of total exports) 15.7 25.6 45.1 46.0 * Value of prefer Exports with FTA / CU partners (% of total exports) 71.7 73.5 72.3 71.8 * Preferences (EU+U.S.) utilization rate (%) .. .. .. .. 0 1 Lowest Highest Preferences (EU+U.S.) actual value (% of exports) .. .. .. .. HI OECD High inc Austria Real effective exchange rate (% change,+ =apprec.) -1.0 0.5 0.3 0.8 ^ Indicators shown are period averages, incl. growth rates. Latest indicates 2008; when not available, 2006 or 2007 is used(noted by *). For more infor., see User's Guide at http://www.worldbank.org/wti2008. ŸMFN: most favored nation; NTM: nontariff measures; MA: market access; ROW: rest of the world; FTA: free trade agreement; CU: customs union; WTO: World Trade Organization GATT: General Agreement on Tariffs and Trade; WGI: World Government Indicators; ".." indicates missing value; RTA/EIA: regional trade arrangement / economic integration arrangement; & 2007 are preliminary estimates Austria Trade At-A-Glance Dec-08 INSTITUTIONAL ENVIRONMENT (IE) 2004 2006 2007 2008 Ease of Doing Business (rank out of 181) .. .. 23 27 Starting a business (rank) .. .. 83 104 Enforcing contracts (rank) .. .. 7 104 Ease of Doing Closing a business (rank) .. 21 13 Business Other institutional environment indicators WGI - Regulatory Quality (-2.5 to +2.5, best) 1.78 1.66 1.73 .. 0 80 160 WGI - Rule of Law (-2.5 to +2.5, best) 1.80 1.86 1.90 .. HI OECD High inc Austria WGI - Control of Corruption (-2.5 to +2.5, best) 2.10 2.00 2.02 .. TRADE FACILITATION (TF) 1995-99^ 2000-04^ 2005-07^ Latest^ Logistics Performance Index (LPI, 1 to 5 best) .. .. 4.1 4.1 * Efficiency of customs and other border procedures .. .. 3.8 3.8 * Logistic Index Quality of transport and IT infrastructures .. .. 4.1 4.1 * International transportation costs .. .. 4.0 4.0 * Logistics competence .. .. 4.1 4.1 * Trading Trackability of shipments .. .. 4.0 4.0 * Across Borders Domestic transportation costs .. .. 2.2 2.2 * Timeliness of shipment .. .. 4.4 4.4 * Other trade facilitation indicators UNCTAD Shipping Doing Business - Trading Across Borders (rank out of 181) .. 12 19 No. of documents required for exports .. .. 4 4 No. of days process required for exports .. .. 8 7 Telephones Cost to export (US$ per container) .. .. 816 1,125 per 100 No. of documents required for imports .. .. 5 5 No. of days process required for imports .. .. 9 8 Secondary Cost to import (US$ per container) .. .. 843 1,125 enrollment Liner shipping connectivity index (0-100 best) .. .. .. .. Telephones and mobiles per 100 people 70.9 134.1 154.4 158.0 * 0 Lowest 1 Highest Average cost of 3-minute call to U.S. (US$) 2.4 1.1 .. .. HI OECD High inc Austria Internet usage (per 100 people) 11.3 41.6 50.3 51.4 * Secondary gross school enrollment (%) 98.8 99.3 101.7 101.9 * TRADE OUTCOME (TO) ## 1995-99^ 2000-04^ 2005-07^ Latest^ Real growth in trade of goods and services (%) 6.6 6.3 6.9 6.5 10 8.7 Exports 7.4 6.7 7.8 6.3 8 8.4 7.9 7.2 6.6 6.6 6.9 6.3 6.5 Imports 5.9 5.8 6.9 6.8 6 5.7 5.3 Other trade outcome indicators 4 Trade integration (trade as % of GDP) 83.9 103.4 109.3 129.4 2 FDI inflow (% of GDP) 1.5 2.3 3.7 7.6 0 1995-99 2000-04 2005-07 2008 World trade share growth (%) -0.3 0.9 -5.5 -0.9 Trade Growth Rate Exports -0.3 1.4 -4.9 -1.5 Austria HI OECD High inc Imports -0.4 0.5 -6.2 -0.2 Merchandise share in total exports (%) 65.8 67.8 72.4 75.9 Exports Share (2005-07) Agriculture 5.0 5.1 5.6 5.8 * Agric, Manufacturing 57.8 54.7 57.4 59.7 * 5.6 Service, Mining, fuel and others 3.0 7.9 8.4 8.9 * 27.6 Service share in total exports (%) 34.2 32.2 27.6 24.1 Tourism 13.0 10.2 9.0 8.6 * Transportation 4.5 5.2 5.8 5.5 * Mining, Other services 16.7 16.9 12.8 11.5 * Manuf, 8.4 Export product concentration index (0 to 100, highest) 7.4 6.6 7.5 7.1 * 57.4 Export market concentration index (0 to 100, highest) 39.2 35.2 34.4 34.3 * Top 5 exports share (% of merchandise exports) .. .. 18.7 17.6 * Top 5 exports (SITC Rev. 2; 3 digit) ( 781) Passenger cars ( 713) Internal combustion engines (784) Auto parts/accessories ( 728) Industrial machinery (699) Base metal manufactures ^ Indicators shown are period averages, incl. growth rates. Latest indicates 2008; when not available, 2006 or 2007 is used (noted by *). For more info., see User's Guide at http://www.worldbank.org/wti2008 ## Most outcome indicators (mostly through 2007) are from the WDI (World Bank, Data Group), UNCTAD or COMTRADE; for filling gaps and 2008, data from the Prospects Group are used.