2023
Exports
$12.3MWorld Rnk 25 / 163
Flag Rnk 668 / 1211
2023
PRODUCT COMPLEXITY IN Silicone
1.64Rnk 28 / 1025
2023
Imports
$112MWorld Rnk 23 / 216
Flag Rnk 336 / 1213
2023
ECONOMIC COMPLEXITY of Austria
1.56Rnk 8 / 132

About

Exports In 2023, Austria exported $12.3M in Silicone, making it the 25th largest exporter of Silicone in the world. At the same year, Silicone was the 668th most exported product in Austria. The main destination of Silicone exports from Austria are: Germany ($2.67M), Hungary ($1.47M), Denmark ($1.46M), Netherlands ($1.14M), and France ($671k).

The fastest growing export markets for Silicone of Austria between 2022 and 2023 were Denmark ($582k), Serbia ($94.4k), and Australia ($90k).

Imports In 2023, Austria imported $112M in Silicone, becoming the 23rd largest importer of Silicone in the world. At the same year, Silicone was the 336th most imported product in Austria. Austria imports Silicone primarily from: Germany ($87.9M), United States ($8.11M), United Kingdom ($5.1M), Italy ($2.51M), and France ($2.26M).

The fastest growing import markets in Silicone for Austria between 2022 and 2023 were Germany ($4.16M), Italy ($1.2M), and Canada ($239k).

Latest Trends

Jan 2025

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 Silicone. 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)$12.3M
IMPORTS (2023)$112M
NET TRADE (2023)-$99.7M

In 2023, Austria exported $12.3M in Silicone. The main destinations of Austria exports on Silicone were Germany ($2.67M), Hungary ($1.47M), Denmark ($1.46M), Netherlands ($1.14M), and France ($671k).

In 2023, Austria imported $112M in Silicone, mainly from Germany ($87.9M), United States ($8.11M), United Kingdom ($5.1M), Italy ($2.51M), and France ($2.26M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Silicone EXPORT MARKETS FOR Austria WERE (2022 - 2023):
Denmark$582k (66%)
Serbia$94.4k (540%)
Australia$90k (275%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Silicone BY Austria WERE (2022 - 2023):
Germany-$2.02M (-43.1%)
United States-$1.49M (-82.7%)
Italy-$873k (-76.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Austria' main exporting competitors in Silicone were:
In 2023, Austria' main importing competitors in Silicone were:

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Trade Value of Silicone by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $2.85M
TOP IMPORT POTENTIALChina+ $3.89M

Silicone’s highest export potential is Germany. With an export gap of $2.85M.   Silicone’s highest import potential is China with an import gap of $3.89M.

See methodology.

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