2022
Exports
$400MWorld Rnk 8 / 165
Flag Rnk 125 / 1211
2022
PRODUCT COMPLEXITY IN Forging Machines
1.5Rnk 53 / 1025
2022
Imports
$74.1MWorld Rnk 29 / 211
Flag Rnk 427 / 1212
2022
ECONOMIC COMPLEXITY of Austria
1.5Rnk 8 / 133

About

Exports In 2022, Austria exported $400M in Forging Machines, making it the 8th largest exporter of Forging Machines in the world. At the same year, Forging Machines was the 125th most exported product in Austria. The main destination of Forging Machines exports from Austria are: United States ($98.8M), Germany ($63.5M), Italy ($51.8M), China ($19M), and Czechia ($12.2M).

The fastest growing export markets for Forging Machines of Austria between 2021 and 2022 were Italy ($26M), United States ($21.6M), and Germany ($13.3M).

Imports In 2022, Austria imported $74.1M in Forging Machines, becoming the 29th largest importer of Forging Machines in the world. At the same year, Forging Machines was the 427th most imported product in Austria. Austria imports Forging Machines primarily from: Germany ($25.2M), Italy ($14.5M), Switzerland ($12.2M), China ($4.52M), and Turkey ($4.47M).

The fastest growing import markets in Forging Machines for Austria between 2021 and 2022 were Switzerland ($3.47M), Hungary ($1.21M), and Ireland ($1.04M).

Latest Trends

Apr 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 Forging 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)$400M
IMPORTS (2022)$74.1M
NET TRADE (2022)$325M

In 2022, Austria exported $400M in Forging Machines. The main destinations of Austria exports on Forging Machines were United States ($98.8M), Germany ($63.5M), Italy ($51.8M), China ($19M), and Czechia ($12.2M).

In 2022, Austria imported $74.1M in Forging Machines, mainly from Germany ($25.2M), Italy ($14.5M), Switzerland ($12.2M), China ($4.52M), and Turkey ($4.47M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Forging Machines EXPORT MARKETS FOR Austria WERE (2021 - 2022):
Italy$26M (101%)
United States$21.6M (28%)
Germany$13.3M (26.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Forging Machines BY Austria WERE (2021 - 2022):
China-$11.1M (-37%)
India-$9.19M (-58.9%)
Russia-$8.15M (-84%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Austria' main exporting competitors in Forging Machines were:
China $1.72B
Italy $1.2B
Germany $1.02B
In 2022, Austria' main importing competitors in Forging Machines were:

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Trade Value of Forging Machines by Exporters

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