2023
Exports
$58.5MWorld Rnk 12 / 164
Flag Rnk 388 / 1211
2023
PRODUCT COMPLEXITY IN Drilling Machines
1.11Rnk 139 / 1025
2023
Imports
$52.4MWorld Rnk 16 / 213
Flag Rnk 510 / 1213
2023
ECONOMIC COMPLEXITY of Austria
1.56Rnk 8 / 132

About

Exports In 2023, Austria exported $58.5M in Drilling Machines, making it the 12th largest exporter of Drilling Machines in the world. At the same year, Drilling Machines was the 388th most exported product in Austria. The main destination of Drilling Machines exports from Austria are: Japan ($19.2M), Germany ($9.04M), China ($3.88M), Italy ($2.8M), and Netherlands ($2.42M).

The fastest growing export markets for Drilling Machines of Austria between 2022 and 2023 were Japan ($19.2M), Germany ($3.02M), and China ($2.69M).

Imports In 2023, Austria imported $52.4M in Drilling Machines, becoming the 16th largest importer of Drilling Machines in the world. At the same year, Drilling Machines was the 510th most imported product in Austria. Austria imports Drilling Machines primarily from: Germany ($31.2M), China ($7.73M), Italy ($4.83M), Czechia ($3.51M), and Poland ($1.03M).

The fastest growing import markets in Drilling Machines for Austria between 2022 and 2023 were Germany ($9.26M), Italy ($2.65M), and Czechia ($2.15M).

Latest Trends

Dec 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 Drilling Machines. 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 (2023)$58.5M
IMPORTS (2023)$52.4M
NET TRADE (2023)$6.11M

In 2023, Austria exported $58.5M in Drilling Machines. The main destinations of Austria exports on Drilling Machines were Japan ($19.2M), Germany ($9.04M), China ($3.88M), Italy ($2.8M), and Netherlands ($2.42M).

In 2023, Austria imported $52.4M in Drilling Machines, mainly from Germany ($31.2M), China ($7.73M), Italy ($4.83M), Czechia ($3.51M), and Poland ($1.03M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Drilling Machines EXPORT MARKETS FOR Austria WERE (2022 - 2023):
Japan$19.2M (913k%)
Germany$3.02M (50.3%)
China$2.69M (226%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Drilling Machines BY Austria WERE (2022 - 2023):
France-$6.58M (-90.6%)
United States-$4.18M (-77.4%)
Romania-$671k (-54.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Austria' main exporting competitors in Drilling Machines were:
In 2023, Austria' main importing competitors in Drilling Machines were:

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Trade Value of Drilling Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $2.52M
TOP IMPORT POTENTIALItaly+ $1.57M

Drilling Machines’s highest export potential is Germany. With an export gap of $2.52M.   Drilling Machines’s highest import potential is Italy with an import gap of $1.57M.

See methodology.

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