2022
Exports
$43.8MWorld Rnk 10 / 160
Flag Rnk 451 / 1211
2022
PRODUCT COMPLEXITY IN Metalworking Machines
1.92Rnk 9 / 1025
2022
Imports
$20.7MWorld Rnk 26 / 212
Flag Rnk 700 / 1212
2022
ECONOMIC COMPLEXITY of Austria
1.5Rnk 8 / 133

About

Exports In 2022, Austria exported $43.8M in Metalworking Machines, making it the 10th largest exporter of Metalworking Machines in the world. At the same year, Metalworking Machines was the 451st most exported product in Austria. The main destination of Metalworking Machines exports from Austria are: China ($15.7M), Germany ($12M), Russia ($1.98M), Poland ($1.62M), and United Kingdom ($1.38M).

The fastest growing export markets for Metalworking Machines of Austria between 2021 and 2022 were China ($7.35M), Germany ($3.49M), and Russia ($1.28M).

Imports In 2022, Austria imported $20.7M in Metalworking Machines, becoming the 26th largest importer of Metalworking Machines in the world. At the same year, Metalworking Machines was the 700th most imported product in Austria. Austria imports Metalworking Machines primarily from: N/A.

The fastest growing import markets in Metalworking Machines for Austria between 2021 and 2022 were Switzerland ($1.91M), Czechia ($574k), and France ($62.5k).

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 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

Trade Balance

Color
EXPORTS (2022)$43.8M
IMPORTS (2022)$20.7M
NET TRADE (2022)$23.1M

In 2022, Austria exported $43.8M in Metalworking Machines. The main destinations of Austria exports on Metalworking Machines were China ($15.7M), Germany ($12M), Russia ($1.98M), Poland ($1.62M), and United Kingdom ($1.38M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Metalworking Machines EXPORT MARKETS FOR Austria WERE (2021 - 2022):
China$7.35M (88.4%)
Germany$3.49M (41.1%)
Russia$1.28M (182%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metalworking Machines BY Austria WERE (2021 - 2022):
United States-$3.11M (-83.5%)
South Korea-$2.79M (-100%)
Italy-$2.34M (-67.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Austria' main exporting competitors in Metalworking Machines were:
In 2022, Austria' main importing competitors in Metalworking Machines were:

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Trade Value of Metalworking Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $787k
TOP IMPORT POTENTIALGermany+ $2.06M

Metalworking Machines’s highest export potential is Germany. With an export gap of $787k.   Metalworking Machines’s highest import potential is Germany with an import gap of $2.06M.

See methodology.

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