2022
Exports
$312kWorld Rnk 78 / 128
Flag Rnk 1103 / 1211
2022
PRODUCT COMPLEXITY IN Iron Ore
-1.79Rnk 980 / 1025
2022
Imports
$725MWorld Rnk 21 / 130
Flag Rnk 62 / 1212
2022
ECONOMIC COMPLEXITY of Austria
1.5Rnk 8 / 133

About

Exports In 2022, Austria exported $312k in Iron Ore, making it the 78th largest exporter of Iron Ore in the world. At the same year, Iron Ore was the 1103rd most exported product in Austria. The main destination of Iron Ore exports from Austria are: Slovakia ($246k), France ($34.9k), Netherlands ($25.1k), Colombia ($3.42k), and Spain ($1.55k).

The fastest growing export markets for Iron Ore of Austria between 2021 and 2022 were France ($34.9k), Netherlands ($25k), and Switzerland ($573).

Imports In 2022, Austria imported $725M in Iron Ore, becoming the 21st largest importer of Iron Ore in the world. At the same year, Iron Ore was the 62nd most imported product in Austria. Austria imports Iron Ore primarily from: Ukraine ($410M), Germany ($267M), Hungary ($15.5M), Sweden ($12.1M), and Mauritania ($10.1M).

The fastest growing import markets in Iron Ore for Austria between 2021 and 2022 were Hungary ($15.5M), Mauritania ($10.1M), and United States ($4.62M).

Latest Trends

Sep 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 Ore. 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)$312k
IMPORTS (2022)$725M
NET TRADE (2022)-$725M

In 2022, Austria exported $312k in Iron Ore. The main destinations of Austria exports on Iron Ore were Slovakia ($246k), France ($34.9k), Netherlands ($25.1k), Colombia ($3.42k), and Spain ($1.55k).

In 2022, Austria imported $725M in Iron Ore, mainly from Ukraine ($410M), Germany ($267M), Hungary ($15.5M), Sweden ($12.1M), and Mauritania ($10.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Ore EXPORT MARKETS FOR Austria WERE (2021 - 2022):
France$34.9k (1%)
Netherlands$25k (29.8k%)
Switzerland$573 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Ore BY Austria WERE (2021 - 2022):
Hungary-$9.33M (-100%)
Egypt-$7.79M (-100%)
Slovakia-$272k (-52.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Austria' main exporting competitors in Iron Ore were:
Brazil $30.1B
Canada $6.81B
In 2022, Austria' main importing competitors in Iron Ore were:

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Trade Value of Iron Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSlovakia+ $151k
TOP IMPORT POTENTIALSweden+ $5.63M

Iron Ore’s highest export potential is Slovakia. With an export gap of $151k.   Iron Ore’s highest import potential is Sweden with an import gap of $5.63M.

See methodology.

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