HS Icon Machinery Having Individual Functions in  Flag Austria

2019
Exports | Imports
: $1.72B | $1.33B, World Rnk 14 / 222
Flag Rnk 13 / 1211 | World Rnk 22 / 224
Flag Rnk 13 / 1212

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $41.7M | $61M, Chinese Taipei |  Germany

2019
ECONOMIC COMPLEXITY of Austria
: 1.57, Rnk 10 / 147

2019
PRODUCT COMPLEXITY  IN Machinery Having Individual Functions
: 2.05, Rnk 8 / 1029

Exports In 2019, Austria exported $1.72B in Machinery Having Individual Functions, making it the 14th largest exporter of Machinery Having Individual Functions in the world. At the same year, Machinery Having Individual Functions was the 13th most exported product in Austria. The main destination of Machinery Having Individual Functions exports from Austria are: Germany ($347M), United States ($160M), China ($147M), Chinese Taipei ($130M), and Italy ($76.1M).

The fastest growing export markets for Machinery Having Individual Functions of Austria between 2018 and 2019 were Chinese Taipei ($41.7M), Italy ($23.4M), and United Kingdom ($13.7M).

Imports In 2019, Austria imported $1.33B in Machinery Having Individual Functions, becoming the 22nd largest importer of Machinery Having Individual Functions in the world. At the same year, Machinery Having Individual Functions was the 13th most imported product in Austria. Austria imports Machinery Having Individual Functions primarily from: Germany ($662M), United States ($97.3M), Czechia ($81.8M), Italy ($54.9M), and Slovakia ($52.1M).

The fastest growing import markets in Machinery Having Individual Functions for Austria between 2018 and 2019 were Germany ($61M), France ($5.03M), and Slovakia ($4.99M).

Tariffs In 1990, the average tariff for Austria in Machinery Having Individual Functions was 4.09%. The countries with the highest import tariffs for Machinery Having Individual Functions were Mayotte (Most Favoured Nation duty rate treatement, 7%), South Sudan (Most Favoured Nation duty rate treatement, 7%), South Africa (Most Favoured Nation duty rate treatement, 7%), Antarctica (Most Favoured Nation duty rate treatement, 7%), and French South Antarctic Territory (Most Favoured Nation duty rate treatement, 7%).

Historical Data

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EXPORTS (2019): $1.72B

IMPORTS (2019): $1.33B

NET TRADE (2019): $393M

In 2019, Austria exported $1.72B in Machinery Having Individual Functions. The main destinations of Austria exports on Machinery Having Individual Functions were Germany ($347M), United States ($160M), China ($147M), Chinese Taipei ($130M), and Italy ($76.1M).

In 2019, Austria imported $1.33B in Machinery Having Individual Functions, mainly from Germany ($662M), United States ($97.3M), Czechia ($81.8M), Italy ($54.9M), and Slovakia ($52.1M).

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IN 2019, Austria HAD A POSITIVE NET TRADE IN Machinery Having Individual Functions WITH:

IN 2019, Austria HAD A NEGATIVE NET TRADE IN Machinery Having Individual Functions WITH:

Flow

THE FASTEST GROWING Machinery Having Individual Functions EXPORT MARKETS FOR Austria WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Machinery Having Individual Functions BY Austria WERE (2018 - 2019):

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Market Concentration

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In 2019, Austria' main exporting competitors in Machinery Having Individual Functions were:

In 2019, Austria' main importing competitors in Machinery Having Individual Functions were:

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Tariffs by Country

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In 1990, the average tariff for Austria in Machinery Having Individual Functions was 4.09%.

The countries with the highest tariffs for Machinery Having Individual Functions in Austria were Mayotte (Most Favoured Nation duty rate treatement, 7%), South Sudan (Most Favoured Nation duty rate treatement, 7%), South Africa (Most Favoured Nation duty rate treatement, 7%), Antarctica (Most Favoured Nation duty rate treatement, 7%), and French South Antarctic Territory (Most Favoured Nation duty rate treatement, 7%).