HS Icon Metalworking Machines in  Flag Austria

2020
Exports | Imports
: $51.5M | $23.9M, World Rnk 9 / 146
Flag Rnk 391 / 1208 | World Rnk 23 / 210
Flag Rnk 631 / 1209

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $3.11M | $2.1M, Japan |  China

2020
ECONOMIC COMPLEXITY of Austria
: 1.52, Rnk 10 / 127

2020
PRODUCT COMPLEXITY  IN Metalworking Machines
: 2.09, Rnk 4 / 1029

Exports In 2020, Austria exported $51.5M in Metalworking Machines, making it the 9th largest exporter of Metalworking Machines in the world. At the same year, Metalworking Machines was the 391st most exported product in Austria. The main destination of Metalworking Machines exports from Austria are: Germany ($10.9M), China ($6.01M), Japan ($5.09M), United States ($4.26M), and Chinese Taipei ($2.74M).

The fastest growing export markets for Metalworking Machines of Austria between 2019 and 2020 were Japan ($3.11M), Brazil ($2.56M), and Slovakia ($1.95M).

Imports In 2020, Austria imported $23.9M in Metalworking Machines, becoming the 23rd largest importer of Metalworking Machines in the world. At the same year, Metalworking Machines was the 631st most imported product in Austria. Austria imports Metalworking Machines primarily from: Germany ($13.2M), China ($5.38M), Japan ($1.79M), Italy ($1.4M), and Chinese Taipei ($563k).

The fastest growing import markets in Metalworking Machines for Austria between 2019 and 2020 were China ($2.1M), Netherlands ($249k), and Croatia ($79k).

Subnational Monthly Trade

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The following visualization shows the latest trends on Metalworking 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

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EXPORTS (2020): $51.5M

IMPORTS (2020): $23.9M

NET TRADE (2020): $27.5M

In 2020, Austria exported $51.5M in Metalworking Machines. The main destinations of Austria exports on Metalworking Machines were Germany ($10.9M), China ($6.01M), Japan ($5.09M), United States ($4.26M), and Chinese Taipei ($2.74M).

In 2020, Austria imported $23.9M in Metalworking Machines, mainly from Germany ($13.2M), China ($5.38M), Japan ($1.79M), Italy ($1.4M), and Chinese Taipei ($563k).

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THE FASTEST GROWING Metalworking Machines EXPORT MARKETS FOR Austria WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metalworking Machines BY Austria WERE (2019 - 2020):

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Market Concentration

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In 2020, Austria' main exporting competitors in Metalworking Machines were:

In 2020, Austria' main importing competitors in Metalworking Machines were:

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