2022
Exports
$627MWorld Rnk 1 / 126
Flag Rnk 87 / 1211
2022
PRODUCT COMPLEXITY IN Iron Railway Products
0.37Rnk 418 / 1025
2022
Imports
$42.8MWorld Rnk 26 / 203
Flag Rnk 548 / 1212
2022
ECONOMIC COMPLEXITY of Austria
1.5Rnk 8 / 133

About

Exports In 2022, Austria exported $627M in Iron Railway Products, making it the 1st largest exporter of Iron Railway Products in the world. At the same year, Iron Railway Products was the 87th most exported product in Austria. The main destination of Iron Railway Products exports from Austria are: Germany ($178M), Switzerland ($67.9M), Poland ($42.4M), Romania ($37.7M), and Hungary ($31M).

The fastest growing export markets for Iron Railway Products of Austria between 2021 and 2022 were Germany ($40.4M), Poland ($19.8M), and Hungary ($12.7M).

Imports In 2022, Austria imported $42.8M in Iron Railway Products, becoming the 26th largest importer of Iron Railway Products in the world. At the same year, Iron Railway Products was the 548th most imported product in Austria. Austria imports Iron Railway Products primarily from: France ($13.7M), Germany ($10.7M), Spain ($6.53M), Switzerland ($2.08M), and Bulgaria ($1.79M).

The fastest growing import markets in Iron Railway Products for Austria between 2021 and 2022 were France ($4.96M), Switzerland ($853k), and Turkey ($570k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Iron Railway Products. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$627M
IMPORTS (2022)$42.8M
NET TRADE (2022)$584M

In 2022, Austria exported $627M in Iron Railway Products. The main destinations of Austria exports on Iron Railway Products were Germany ($178M), Switzerland ($67.9M), Poland ($42.4M), Romania ($37.7M), and Hungary ($31M).

In 2022, Austria imported $42.8M in Iron Railway Products, mainly from France ($13.7M), Germany ($10.7M), Spain ($6.53M), Switzerland ($2.08M), and Bulgaria ($1.79M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Railway Products EXPORT MARKETS FOR Austria WERE (2021 - 2022):
Germany$40.4M (29.3%)
Poland$19.8M (87.6%)
Hungary$12.7M (69.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Railway Products BY Austria WERE (2021 - 2022):
Sweden-$29M (-52.9%)
Italy-$22.9M (-44.4%)
South Africa-$8.38M (-53.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Austria' main exporting competitors in Iron Railway Products were:
In 2022, Austria' main importing competitors in Iron Railway Products were:

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Trade Value of Iron Railway Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $6.51M
TOP IMPORT POTENTIALCzechia+ $1.14M

Iron Railway Products’s highest export potential is Italy. With an export gap of $6.51M.   Iron Railway Products’s highest import potential is Czechia with an import gap of $1.14M.

See methodology.

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