HS Icon Artificial Textile Machinery in  Flag Austria

2021
Exports | Imports
: $22.4M | $438k, World Rnk 6 / 86
Flag Rnk 577 / 1212 | World Rnk 65 / 168
Flag Rnk 1142 / 1212

2020 - 2021
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $4.61M | $183k, Turkmenistan |  Belgium

2021
ECONOMIC COMPLEXITY of Austria
: 1.5, Rnk 9 / 131

2021
PRODUCT COMPLEXITY IN Artificial Textile Machinery
: 2.03, Rnk 6 / 1029

Exports In 2021, Austria exported $22.4M in Artificial Textile Machinery, making it the 6th largest exporter of Artificial Textile Machinery in the world. At the same year, Artificial Textile Machinery was the 577th most exported product in Austria. The main destination of Artificial Textile Machinery exports from Austria are: Turkey ($4.75M), Turkmenistan ($4.61M), China ($2.71M), Russia ($2.04M), and Italy ($1.55M).

The fastest growing export markets for Artificial Textile Machinery of Austria between 2020 and 2021 were Turkmenistan ($4.61M), Turkey ($2.93M), and China ($2.71M).

Imports In 2021, Austria imported $438k in Artificial Textile Machinery, becoming the 65th largest importer of Artificial Textile Machinery in the world. At the same year, Artificial Textile Machinery was the 1142nd most imported product in Austria. Austria imports Artificial Textile Machinery primarily from: Belgium ($186k), United Kingdom ($125k), Italy ($107k), Netherlands ($13.8k), and China ($7.16k).

The fastest growing import markets in Artificial Textile Machinery for Austria between 2020 and 2021 were Belgium ($183k), United Kingdom ($125k), and Italy ($52.7k).

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 treatment, 6%), South Sudan (Most Favoured Nation duty rate treatment, 6%), South Africa (Most Favoured Nation duty rate treatment, 6%), Antarctica (Most Favoured Nation duty rate treatment, 6%), and French South Antarctic Territory (Most Favoured Nation duty rate treatment, 6%).

Subnational Monthly Trade

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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 (2021): $22.4M

IMPORTS (2021): $438k

NET TRADE (2021): $22M

In 2021, Austria exported $22.4M in Artificial Textile Machinery. The main destinations of Austria exports on Artificial Textile Machinery were Turkey ($4.75M), Turkmenistan ($4.61M), China ($2.71M), Russia ($2.04M), and Italy ($1.55M).

In 2021, Austria imported $438k in Artificial Textile Machinery, mainly from Belgium ($186k), United Kingdom ($125k), Italy ($107k), Netherlands ($13.8k), and China ($7.16k).

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THE FASTEST GROWING Artificial Textile Machinery EXPORT MARKETS FOR Austria WERE (2020 - 2021):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Artificial Textile Machinery BY Austria WERE (2020 - 2021):

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Market Concentration

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In 2021, Austria' main exporting competitors in Artificial Textile Machinery were:

In 2021, Austria' main importing competitors in Artificial Textile Machinery were:

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