2023
Exports
$7.14BWorld Rnk 49 / 219
Flag Rnk 8 / 96
2023
PRODUCT COMPLEXITY IN Mineral fuels, mineral oils and products of their distillation
0.38Rnk 423 / 1025
2023
Imports
$14.6BWorld Rnk 35 / 226
Flag Rnk 4 / 96
2023
ECONOMIC COMPLEXITY of Austria
1.56Rnk 8 / 132

About

Exports In 2023, Austria exported $7.14B in Mineral fuels, mineral oils and products of their distillation, making it the 49th largest exporter of Mineral fuels, mineral oils and products of their distillation in the world. At the same year, Mineral fuels, mineral oils and products of their distillation was the 8th most exported product in Austria. The main destination of Mineral fuels, mineral oils and products of their distillation exports from Austria are: Hungary ($2.36B), Germany ($1.66B), Slovenia ($843M), Switzerland ($742M), and Italy ($390M).

The fastest growing export markets for Mineral fuels, mineral oils and products of their distillation of Austria between 2022 and 2023 were Netherlands ($135M), Romania ($126M), and Slovakia ($45.4M).

Imports In 2023, Austria imported $14.6B in Mineral fuels, mineral oils and products of their distillation, becoming the 35th largest importer of Mineral fuels, mineral oils and products of their distillation in the world. At the same year, Mineral fuels, mineral oils and products of their distillation was the 4th most imported product in Austria. Austria imports Mineral fuels, mineral oils and products of their distillation primarily from: Germany ($5.16B), Kazakhstan ($1.85B), Italy ($1.16B), Libya ($1.16B), and Czechia ($797M).

The fastest growing import markets in Mineral fuels, mineral oils and products of their distillation for Austria between 2022 and 2023 were Libya ($394M), Saudi Arabia ($266M), and Kazakhstan ($209M).

Latest Trends

Jan 2025

Subnational Monthly Trade

View
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 Mineral fuels, mineral oils and products of their distillation. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$7.14B
IMPORTS (2023)$14.6B
NET TRADE (2023)-$7.46B

In 2023, Austria exported $7.14B in Mineral fuels, mineral oils and products of their distillation. The main destinations of Austria exports on Mineral fuels, mineral oils and products of their distillation were Hungary ($2.36B), Germany ($1.66B), Slovenia ($843M), Switzerland ($742M), and Italy ($390M).

In 2023, Austria imported $14.6B in Mineral fuels, mineral oils and products of their distillation, mainly from Germany ($5.16B), Kazakhstan ($1.85B), Italy ($1.16B), Libya ($1.16B), and Czechia ($797M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Mineral fuels, mineral oils and products of their distillation EXPORT MARKETS FOR Austria WERE (2022 - 2023):
Netherlands$135M (315%)
Romania$126M (273%)
Slovakia$45.4M (17.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Mineral fuels, mineral oils and products of their distillation BY Austria WERE (2022 - 2023):
Hungary-$2.29B (-49.2%)
Germany-$819M (-33.1%)
Switzerland-$805M (-52%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Austria' main exporting competitors in Mineral fuels, mineral oils and products of their distillation were:
In 2023, Austria' main importing competitors in Mineral fuels, mineral oils and products of their distillation were:

Explore Visualizations

Trade Value of Mineral fuels, mineral oils and products of their distillation by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $575M
TOP IMPORT POTENTIALItaly+ $246M

Mineral fuels, mineral oils and products of their distillation’s highest export potential is Germany. With an export gap of $575M.   Mineral fuels, mineral oils and products of their distillation’s highest import potential is Italy with an import gap of $246M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with