2023
Exports
$5.97BWorld Rnk 6 / 153
Flag Rnk 5 / 1211
2023
PRODUCT COMPLEXITY IN Nitrogen Heterocyclic Compounds
1.11Rnk 141 / 1025
2023
Imports
$550MWorld Rnk 25 / 208
Flag Rnk 94 / 1213
2023
ECONOMIC COMPLEXITY of Austria
1.56Rnk 8 / 132

About

Exports In 2023, Austria exported $5.97B in Nitrogen Heterocyclic Compounds, making it the 6th largest exporter of Nitrogen Heterocyclic Compounds in the world. At the same year, Nitrogen Heterocyclic Compounds was the 5th most exported product in Austria. The main destination of Nitrogen Heterocyclic Compounds exports from Austria are: Belgium ($4.98B), Ireland ($769M), Germany ($78.3M), France ($42.8M), and Switzerland ($40.9M).

The fastest growing export markets for Nitrogen Heterocyclic Compounds of Austria between 2022 and 2023 were Belgium ($4.86B), Ireland ($766M), and Germany ($30.8M).

Imports In 2023, Austria imported $550M in Nitrogen Heterocyclic Compounds, becoming the 25th largest importer of Nitrogen Heterocyclic Compounds in the world. At the same year, Nitrogen Heterocyclic Compounds was the 94th most imported product in Austria. Austria imports Nitrogen Heterocyclic Compounds primarily from: China ($301M), France ($84.2M), Germany ($42.1M), Switzerland ($34.6M), and Japan ($17.4M).

The fastest growing import markets in Nitrogen Heterocyclic Compounds for Austria between 2022 and 2023 were France ($82.1M), Denmark ($2.16M), and Iran ($1.1M).

Latest Trends

Dec 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 Nitrogen Heterocyclic Compounds. 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 (2023)$5.97B
IMPORTS (2023)$550M
NET TRADE (2023)$5.42B

In 2023, Austria exported $5.97B in Nitrogen Heterocyclic Compounds. The main destinations of Austria exports on Nitrogen Heterocyclic Compounds were Belgium ($4.98B), Ireland ($769M), Germany ($78.3M), France ($42.8M), and Switzerland ($40.9M).

In 2023, Austria imported $550M in Nitrogen Heterocyclic Compounds, mainly from China ($301M), France ($84.2M), Germany ($42.1M), Switzerland ($34.6M), and Japan ($17.4M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Nitrogen Heterocyclic Compounds EXPORT MARKETS FOR Austria WERE (2022 - 2023):
Belgium$4.86B (4.05k%)
Ireland$766M (20.1k%)
Germany$30.8M (64.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nitrogen Heterocyclic Compounds BY Austria WERE (2022 - 2023):
Switzerland-$22.9M (-35.9%)
Romania-$11.1M (-47.5%)
Italy-$5.89M (-33.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Austria' main exporting competitors in Nitrogen Heterocyclic Compounds were:
In 2023, Austria' main importing competitors in Nitrogen Heterocyclic Compounds were:

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Trade Value of Nitrogen Heterocyclic Compounds by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $45M
TOP IMPORT POTENTIALSwitzerland+ $32.7M

Nitrogen Heterocyclic Compounds’s highest export potential is Germany. With an export gap of $45M.   Nitrogen Heterocyclic Compounds’s highest import potential is Switzerland with an import gap of $32.7M.

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