2022
Exports
$230MWorld Rnk 23 / 186
Flag Rnk 194 / 1211
2022
PRODUCT COMPLEXITY IN Electric Motor Parts
0.66Rnk 292 / 1025
2022
Imports
$327MWorld Rnk 20 / 219
Flag Rnk 153 / 1212
2022
ECONOMIC COMPLEXITY of Austria
1.5Rnk 8 / 133

About

Exports In 2022, Austria exported $230M in Electric Motor Parts, making it the 23rd largest exporter of Electric Motor Parts in the world. At the same year, Electric Motor Parts was the 194th most exported product in Austria. The main destination of Electric Motor Parts exports from Austria are: Germany ($66.2M), Bosnia and Herzegovina ($43.2M), Italy ($26.6M), United States ($13.7M), and Nigeria ($10.5M).

The fastest growing export markets for Electric Motor Parts of Austria between 2021 and 2022 were Germany ($20.5M), Italy ($19.7M), and Nigeria ($10.5M).

Imports In 2022, Austria imported $327M in Electric Motor Parts, becoming the 20th largest importer of Electric Motor Parts in the world. At the same year, Electric Motor Parts was the 153rd most imported product in Austria. Austria imports Electric Motor Parts primarily from: Germany ($125M), Bosnia and Herzegovina ($74.9M), Hungary ($21.3M), China ($19.5M), and Czechia ($14.6M).

The fastest growing import markets in Electric Motor Parts for Austria between 2021 and 2022 were Germany ($22.6M), Bosnia and Herzegovina ($7.53M), and Italy ($6.34M).

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 Electric Motor Parts. 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)$230M
IMPORTS (2022)$327M
NET TRADE (2022)-$96.4M

In 2022, Austria exported $230M in Electric Motor Parts. The main destinations of Austria exports on Electric Motor Parts were Germany ($66.2M), Bosnia and Herzegovina ($43.2M), Italy ($26.6M), United States ($13.7M), and Nigeria ($10.5M).

In 2022, Austria imported $327M in Electric Motor Parts, mainly from Germany ($125M), Bosnia and Herzegovina ($74.9M), Hungary ($21.3M), China ($19.5M), and Czechia ($14.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Motor Parts EXPORT MARKETS FOR Austria WERE (2021 - 2022):
Germany$20.5M (44.9%)
Italy$19.7M (285%)
Nigeria$10.5M (23.7k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Motor Parts BY Austria WERE (2021 - 2022):
Turkey-$8.25M (-84.7%)
Hungary-$6.59M (-39.5%)
Vietnam-$5.7M (-83.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Austria' main exporting competitors in Electric Motor Parts were:
China $6.95B
Germany $2.21B
Japan $1.62B
In 2022, Austria' main importing competitors in Electric Motor Parts were:

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Trade Value of Electric Motor Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $35.3M
TOP IMPORT POTENTIALChina+ $15.8M

Electric Motor Parts’s highest export potential is Germany. With an export gap of $35.3M.   Electric Motor Parts’s highest import potential is China with an import gap of $15.8M.

See methodology.

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