Abstract
The analysis is made of the economic cooperation between Ukraine and Austria in foreign trade, investment and tourism, as well as in the financial sector and science and technology field. This enabled a comprehensive assessment of the effectiveness of contemporary economic relations between the two countries. It was established that the most active cooperation is in the foreign trade sector, which is indicated by the structure and dynamics of import and export transactions between the countries. The priority areas of cooperation were defined. The financial sector remains the most developed from the perspective of investment cooperation between the countries. Austria is one of Ukraine’s priority trade and economic partners in Europe, and the economic interaction between the countries is expected to intensify, taking into account the strengthening science and technology cooperation. The prospective priority areas of economic cooperation will be agriculture, science, IT sector, energy sector, tourism, consumer goods and food industries.
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