2022
Exports
$563MWorld Rnk 20 / 224
Flag Rnk 97 / 1211
2022
PRODUCT COMPLEXITY IN Iron Fasteners
1.68Rnk 27 / 1025
2022
Imports
$902MWorld Rnk 17 / 225
Flag Rnk 40 / 1212
2022
ECONOMIC COMPLEXITY of Austria
1.5Rnk 8 / 133

About

Exports In 2022, Austria exported $563M in Iron Fasteners, making it the 20th largest exporter of Iron Fasteners in the world. At the same year, Iron Fasteners was the 97th most exported product in Austria. The main destination of Iron Fasteners exports from Austria are: Germany ($148M), France ($45M), Italy ($42.3M), Czechia ($31.9M), and Poland ($29.9M).

The fastest growing export markets for Iron Fasteners of Austria between 2021 and 2022 were Germany ($26.9M), Italy ($11.5M), and France ($10.7M).

Imports In 2022, Austria imported $902M in Iron Fasteners, becoming the 17th largest importer of Iron Fasteners in the world. At the same year, Iron Fasteners was the 40th most imported product in Austria. Austria imports Iron Fasteners primarily from: Germany ($464M), Switzerland ($87.5M), China ($53.4M), Italy ($49.9M), and Slovenia ($35M).

The fastest growing import markets in Iron Fasteners for Austria between 2021 and 2022 were Germany ($8.17M), Poland ($5.67M), and Slovakia ($4.63M).

COMPANIES In 2023, leading companies such as Robert Bosch (1) were at the forefront of shipping Iron Fasteners from Austria to the United States.

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 Iron Fasteners. 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)$563M
IMPORTS (2022)$902M
NET TRADE (2022)-$339M

In 2022, Austria exported $563M in Iron Fasteners. The main destinations of Austria exports on Iron Fasteners were Germany ($148M), France ($45M), Italy ($42.3M), Czechia ($31.9M), and Poland ($29.9M).

In 2022, Austria imported $902M in Iron Fasteners, mainly from Germany ($464M), Switzerland ($87.5M), China ($53.4M), Italy ($49.9M), and Slovenia ($35M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Fasteners EXPORT MARKETS FOR Austria WERE (2021 - 2022):
Germany$26.9M (22.3%)
Italy$11.5M (37.5%)
France$10.7M (31.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Fasteners BY Austria WERE (2021 - 2022):
China-$1.93M (-10.3%)
Switzerland-$805k (-3.68%)
Netherlands-$689k (-17.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Austria' main exporting competitors in Iron Fasteners were:
In 2022, Austria' main importing competitors in Iron Fasteners were:

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Trade Value of Iron Fasteners by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $58M
TOP IMPORT POTENTIALChina+ $35.8M

Iron Fasteners’s highest export potential is Germany. With an export gap of $58M.   Iron Fasteners’s highest import potential is China with an import gap of $35.8M.

See methodology.

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