HS Icon Artificial Textile Machinery in  Flag Austria

2020
Exports | Imports
: $12.3M | $276k, World Rnk 7 / 83
Flag Rnk 658 / 1208 | World Rnk 67 / 160
Flag Rnk 1157 / 1209

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $1.82M | $59.8k, Turkey |  Turkey


ECONOMIC COMPLEXITY of Austria
: 1.52, Rnk 10 / 127


PRODUCT COMPLEXITY  IN Artificial Textile Machinery
: 2.06, Rnk 7 / 1028

Exports In 2020, Austria exported $12.3M 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 658th most exported product in Austria. The main destination of Artificial Textile Machinery exports from Austria are: Russia ($2.65M), Turkey ($1.82M), Saudi Arabia ($1.76M), Poland ($1.19M), and Ukraine ($1.06M).

The fastest growing export markets for Artificial Textile Machinery of Austria between 2019 and 2020 were Turkey ($1.82M), Saudi Arabia ($1.76M), and Poland ($1.19M).

Imports In 2020, Austria imported $276k in Artificial Textile Machinery, becoming the 67th largest importer of Artificial Textile Machinery in the world. At the same year, Artificial Textile Machinery was the 1157th most imported product in Austria. Austria imports Artificial Textile Machinery primarily from: Germany ($106k), Turkey ($59.8k), Italy ($54.4k), China ($42.8k), and Switzerland ($7.1k).

The fastest growing import markets in Artificial Textile Machinery for Austria between 2019 and 2020 were Turkey ($59.8k), Italy ($40k), and Switzerland ($6.46k).

Tariffs In 1990, the average tariff for Austria in Artificial Textile Machinery was 3.55%. The countries with the highest import tariffs for Artificial Textile Machinery were Mayotte (Most Favoured Nation duty rate treatement, 6%), South Sudan (Most Favoured Nation duty rate treatement, 6%), South Africa (Most Favoured Nation duty rate treatement, 6%), Antarctica (Most Favoured Nation duty rate treatement, 6%), and French South Antarctic Territory (Most Favoured Nation duty rate treatement, 6%).

Subnational Monthly Trade

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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

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EXPORTS (2020): $12.3M

IMPORTS (2020): $276k

NET TRADE (2020): $12M

In 2020, Austria exported $12.3M in Artificial Textile Machinery. The main destinations of Austria exports on Artificial Textile Machinery were Russia ($2.65M), Turkey ($1.82M), Saudi Arabia ($1.76M), Poland ($1.19M), and Ukraine ($1.06M).

In 2020, Austria imported $276k in Artificial Textile Machinery, mainly from Germany ($106k), Turkey ($59.8k), Italy ($54.4k), China ($42.8k), and Switzerland ($7.1k).

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IN 2020, Austria HAD A POSITIVE NET TRADE IN Artificial Textile Machinery WITH:

IN 2020, Austria HAD A NEGATIVE NET TRADE IN Artificial Textile Machinery WITH:: Switzerland , -$6.93k ($169 - $7.1k)

Flow

THE FASTEST GROWING Artificial Textile Machinery EXPORT MARKETS FOR Austria WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Artificial Textile Machinery BY Austria WERE (2019 - 2020):

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Market Concentration

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In 2019, Austria' main exporting competitors in Artificial Textile Machinery were:

In 2019, Austria' main importing competitors in Artificial Textile Machinery were:

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Tariffs by Country

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In 1990, the average tariff for Austria in Artificial Textile Machinery was 3.55%.

The countries with the highest tariffs for Artificial Textile Machinery in Austria were Mayotte (Most Favoured Nation duty rate treatement, 6%), South Sudan (Most Favoured Nation duty rate treatement, 6%), South Africa (Most Favoured Nation duty rate treatement, 6%), Antarctica (Most Favoured Nation duty rate treatement, 6%), and French South Antarctic Territory (Most Favoured Nation duty rate treatement, 6%).