2022
Exports
$1.84BWorld Rnk 5 / 194
Flag Rnk 20 / 96
2022
PRODUCT COMPLEXITY IN Railway and trams
1.48Rnk 58 / 1025
2022
Imports
$1.08BWorld Rnk 10 / 217
Flag Rnk 37 / 96
2022
ECONOMIC COMPLEXITY of Austria
1.5Rnk 8 / 133

About

Exports In 2022, Austria exported $1.84B in Railway and trams, making it the 5th largest exporter of Railway and trams in the world. At the same year, Railway and trams was the 20th most exported product in Austria. The main destination of Railway and trams exports from Austria are: Germany ($720M), Hungary ($173M), Switzerland ($111M), Italy ($89.7M), and United Kingdom ($76M).

The fastest growing export markets for Railway and trams of Austria between 2021 and 2022 were Italy ($16.4M), Australia ($14.5M), and Romania ($13.7M).

Imports In 2022, Austria imported $1.08B in Railway and trams, becoming the 10th largest importer of Railway and trams in the world. At the same year, Railway and trams was the 37th most imported product in Austria. Austria imports Railway and trams primarily from: Germany ($386M), Poland ($136M), Croatia ($105M), Switzerland ($98.7M), and Turkey ($61.4M).

The fastest growing import markets in Railway and trams for Austria between 2021 and 2022 were Croatia ($56.3M), Turkey ($33.2M), and Slovakia ($14.5M).

COMPANIES In 2023, leading companies such as Siemens (10) were at the forefront of shipping Railway and trams from Austria to the United States.

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 Railway and trams. 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)$1.84B
IMPORTS (2022)$1.08B
NET TRADE (2022)$756M

In 2022, Austria exported $1.84B in Railway and trams. The main destinations of Austria exports on Railway and trams were Germany ($720M), Hungary ($173M), Switzerland ($111M), Italy ($89.7M), and United Kingdom ($76M).

In 2022, Austria imported $1.08B in Railway and trams, mainly from Germany ($386M), Poland ($136M), Croatia ($105M), Switzerland ($98.7M), and Turkey ($61.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Railway and trams EXPORT MARKETS FOR Austria WERE (2021 - 2022):
Italy$16.4M (22.5%)
Australia$14.5M (140%)
Romania$13.7M (130%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Railway and trams BY Austria WERE (2021 - 2022):
Sweden-$93.3M (-73.8%)
Germany-$82.5M (-10.3%)
Poland-$44.3M (-56.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Austria' main exporting competitors in Railway and trams were:
In 2022, Austria' main importing competitors in Railway and trams were:

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Trade Value of Railway and trams by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $28.2M
TOP IMPORT POTENTIALChina+ $13.7M

Railway and trams’s highest export potential is Italy. With an export gap of $28.2M.   Railway and trams’s highest import potential is China with an import gap of $13.7M.

See methodology.

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