2022
Exports
$34.2MWorld Rnk 15 / 156
Flag Rnk 506 / 1211
2022
PRODUCT COMPLEXITY IN Drilling Machines
1.13Rnk 123 / 1025
2022
Imports
$45.4MWorld Rnk 17 / 210
Flag Rnk 542 / 1212
2022
ECONOMIC COMPLEXITY of Austria
1.5Rnk 8 / 133

About

Exports In 2022, Austria exported $34.2M in Drilling Machines, making it the 15th largest exporter of Drilling Machines in the world. At the same year, Drilling Machines was the 506th most exported product in Austria. The main destination of Drilling Machines exports from Austria are: Germany ($8.02M), United States ($5.26M), France ($2.82M), Netherlands ($1.95M), and Chinese Taipei ($1.85M).

The fastest growing export markets for Drilling Machines of Austria between 2021 and 2022 were United States ($2.91M), Netherlands ($982k), and Serbia ($562k).

Imports In 2022, Austria imported $45.4M in Drilling Machines, becoming the 17th largest importer of Drilling Machines in the world. At the same year, Drilling Machines was the 542nd most imported product in Austria. Austria imports Drilling Machines primarily from: Germany ($24.2M), China ($10.2M), Spain ($2.7M), Netherlands ($2.05M), and Italy ($1.83M).

The fastest growing import markets in Drilling Machines for Austria between 2021 and 2022 were Netherlands ($1.59M), Spain ($989k), and Portugal ($548k).

Latest Trends

May 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 (2022)$34.2M
IMPORTS (2022)$45.4M
NET TRADE (2022)-$11.2M

In 2022, Austria exported $34.2M in Drilling Machines. The main destinations of Austria exports on Drilling Machines were Germany ($8.02M), United States ($5.26M), France ($2.82M), Netherlands ($1.95M), and Chinese Taipei ($1.85M).

In 2022, Austria imported $45.4M in Drilling Machines, mainly from Germany ($24.2M), China ($10.2M), Spain ($2.7M), Netherlands ($2.05M), and Italy ($1.83M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Drilling Machines EXPORT MARKETS FOR Austria WERE (2021 - 2022):
United States$2.91M (124%)
Netherlands$982k (102%)
Serbia$562k (115%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Drilling Machines BY Austria WERE (2021 - 2022):
China-$19.3M (-94.2%)
France-$3.71M (-56.8%)
Russia-$2.69M (-91.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Austria' main exporting competitors in Drilling Machines were:
In 2022, 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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