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2022
Exports $46.8MWorld Rnk 23 / 196
Flag Rnk 440 / 1211
2022
Destination $2.53M United States
2021 - 2022
FASTEST GROWING MARKET $2.53MItaly
2022
PRODUCT COMPLEXITY IN Essential Oils-1.09Rnk 855 / 1025
2022
Imports $52MWorld Rnk 21 / 214
Flag Rnk 512 / 1212
2022
Origin $2.49M Germany
2021 - 2022
FASTEST GROWING ORIGIN $2.49MRussia
2022
ECONOMIC COMPLEXITY of Austria1.5Rnk 8 / 133

About

Exports In 2022, Austria exported $46.8M in Essential Oils, making it the 23rd largest exporter of Essential Oils in the world. At the same year, Essential Oils was the 440th most exported product in Austria. The main destination of Essential Oils exports from Austria are: United States ($10.5M), Germany ($8.67M), Italy ($6.59M), France ($5.82M), and United Kingdom ($2.62M).

The fastest growing export markets for Essential Oils of Austria between 2021 and 2022 were Italy ($2.53M), Spain ($243k), and Singapore ($195k).

Imports In 2022, Austria imported $52M in Essential Oils, becoming the 21st largest importer of Essential Oils in the world. At the same year, Essential Oils was the 512th most imported product in Austria. Austria imports Essential Oils primarily from: Germany ($14.9M), Croatia ($6.44M), Russia ($5.28M), Poland ($4.09M), and France ($2.85M).

The fastest growing import markets in Essential Oils for Austria between 2021 and 2022 were Russia ($2.49M), Poland ($1.14M), and Moldova ($1.1M).

Latest Trends

Nov 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 Essential Oils. 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)$46.8M
IMPORTS (2022)$52M
NET TRADE (2022)-$5.16M

In 2022, Austria exported $46.8M in Essential Oils. The main destinations of Austria exports on Essential Oils were United States ($10.5M), Germany ($8.67M), Italy ($6.59M), France ($5.82M), and United Kingdom ($2.62M).

In 2022, Austria imported $52M in Essential Oils, mainly from Germany ($14.9M), Croatia ($6.44M), Russia ($5.28M), Poland ($4.09M), and France ($2.85M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Essential Oils EXPORT MARKETS FOR Austria WERE (2021 - 2022):
Italy$2.53M (62.4%)
Spain$243k (17.7%)
Singapore$195k (81.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Essential Oils BY Austria WERE (2021 - 2022):
Germany-$4.91M (-36.1%)
United States-$852k (-7.53%)
France-$662k (-10.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Austria' main exporting competitors in Essential Oils were:
India $879M
United States $693M
Brazil $425M
In 2022, Austria' main importing competitors in Essential Oils were:
United States $1.25B
France $440M
Germany $357M

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Trade Value of Essential Oils by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $3.5M
TOP IMPORT POTENTIALItaly+ $1.38M

Essential Oils’s highest export potential is Germany. With an export gap of $3.5M.   Essential Oils’s highest import potential is Italy with an import gap of $1.38M.

See methodology.

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