HS Icon Packaged Medicaments in  Flag Austria

2020
Exports | Imports
: $6.48B | $3.64B, World Rnk 16 / 210
Flag Rnk 2 / 1208 | World Rnk 20 / 224
Flag Rnk 5 / 1209

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $556M | $62.4M, Switzerland |  Netherlands

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

2020
PRODUCT COMPLEXITY  IN Packaged Medicaments
: 0.6, Rnk 320 / 1029

Exports In 2020, Austria exported $6.48B in Packaged Medicaments, making it the 16th largest exporter of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 2nd most exported product in Austria. The main destination of Packaged Medicaments exports from Austria are: Switzerland ($2.61B), Germany ($542M), United States ($344M), Poland ($303M), and China ($188M).

The fastest growing export markets for Packaged Medicaments of Austria between 2019 and 2020 were Switzerland ($556M), China ($37M), and Israel ($33.8M).

Imports In 2020, Austria imported $3.64B in Packaged Medicaments, becoming the 20th largest importer of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 5th most imported product in Austria. Austria imports Packaged Medicaments primarily from: Germany ($1.42B), Netherlands ($405M), Italy ($391M), Switzerland ($207M), and Belgium ($139M).

The fastest growing import markets in Packaged Medicaments for Austria between 2019 and 2020 were Netherlands ($62.4M), Germany ($52.8M), and Greece ($36.6M).

Subnational Monthly Trade

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The following visualization shows the latest trends on Packaged Medicaments. 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): $6.48B

IMPORTS (2020): $3.64B

NET TRADE (2020): $2.84B

In 2020, Austria exported $6.48B in Packaged Medicaments. The main destinations of Austria exports on Packaged Medicaments were Switzerland ($2.61B), Germany ($542M), United States ($344M), Poland ($303M), and China ($188M).

In 2020, Austria imported $3.64B in Packaged Medicaments, mainly from Germany ($1.42B), Netherlands ($405M), Italy ($391M), Switzerland ($207M), and Belgium ($139M).

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THE FASTEST GROWING Packaged Medicaments EXPORT MARKETS FOR Austria WERE (2019 - 2020):

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

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Market Concentration

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In 2020, Austria' main exporting competitors in Packaged Medicaments were:

In 2020, Austria' main importing competitors in Packaged Medicaments were:

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