2022
Exports
$19.2MWorld Rnk 7 / 92
Flag Rnk 612 / 1211
2022
PRODUCT COMPLEXITY IN Artificial Textile Machinery
1.99Rnk 5 / 1025
2022
Imports
$904kWorld Rnk 56 / 168
Flag Rnk 1102 / 1212
2022
ECONOMIC COMPLEXITY of Austria
1.5Rnk 8 / 133

About

Exports In 2022, Austria exported $19.2M in Artificial Textile Machinery, making it the 7th largest exporter of Artificial Textile Machinery in the world. At the same year, Artificial Textile Machinery was the 612th most exported product in Austria. The main destination of Artificial Textile Machinery exports from Austria are: Turkmenistan ($4.12M), Brazil ($3.14M), Italy ($2.84M), Russia ($2M), and South Africa ($1.38M).

The fastest growing export markets for Artificial Textile Machinery of Austria between 2021 and 2022 were Brazil ($2.26M), South Africa ($1.38M), and Italy ($1.29M).

Imports In 2022, Austria imported $904k in Artificial Textile Machinery, becoming the 56th largest importer of Artificial Textile Machinery in the world. At the same year, Artificial Textile Machinery was the 1102nd most imported product in Austria. Austria imports Artificial Textile Machinery primarily from: Italy ($789k), Germany ($99.3k), Slovakia ($5.01k), United Kingdom ($4.75k), and Netherlands ($3.21k).

The fastest growing import markets in Artificial Textile Machinery for Austria between 2021 and 2022 were Italy ($679k), Germany ($99.3k), and Slovakia ($5.01k).

Latest Trends

Oct 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 Artificial Textile Machinery. 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)$19.2M
IMPORTS (2022)$904k
NET TRADE (2022)$18.3M

In 2022, Austria exported $19.2M in Artificial Textile Machinery. The main destinations of Austria exports on Artificial Textile Machinery were Turkmenistan ($4.12M), Brazil ($3.14M), Italy ($2.84M), Russia ($2M), and South Africa ($1.38M).

In 2022, Austria imported $904k in Artificial Textile Machinery, mainly from Italy ($789k), Germany ($99.3k), Slovakia ($5.01k), United Kingdom ($4.75k), and Netherlands ($3.21k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Artificial Textile Machinery EXPORT MARKETS FOR Austria WERE (2021 - 2022):
Brazil$2.26M (256%)
South Africa$1.38M (1%)
Italy$1.29M (83.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Artificial Textile Machinery BY Austria WERE (2021 - 2022):
Turkey-$3.75M (-78.6%)
China-$2.7M (-100%)
United States-$1.28M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Austria' main exporting competitors in Artificial Textile Machinery were:
In 2022, Austria' main importing competitors in Artificial Textile Machinery were:
China $489M
India $161M

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Trade Value of Artificial Textile Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $638k
TOP IMPORT POTENTIALGermany+ $191k

Artificial Textile Machinery’s highest export potential is India. With an export gap of $638k.   Artificial Textile Machinery’s highest import potential is Germany with an import gap of $191k.

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