2022
Exports
$83.3MWorld Rnk 19 / 139
Flag Rnk 343 / 1211
2022
PRODUCT COMPLEXITY IN Soybeans
-1.62Rnk 963 / 1025
2022
Imports
$117MWorld Rnk 39 / 200
Flag Rnk 338 / 1212
2022
ECONOMIC COMPLEXITY of Austria
1.5Rnk 8 / 133

About

Exports In 2022, Austria exported $83.3M in Soybeans, making it the 19th largest exporter of Soybeans in the world. At the same year, Soybeans was the 343rd most exported product in Austria. The main destination of Soybeans exports from Austria are: Germany ($50.4M), Italy ($4.63M), Switzerland ($4.48M), Czechia ($3.67M), and Hungary ($3.12M).

The fastest growing export markets for Soybeans of Austria between 2021 and 2022 were Germany ($8.13M), Italy ($2.24M), and Switzerland ($1.59M).

Imports In 2022, Austria imported $117M in Soybeans, becoming the 39th largest importer of Soybeans in the world. At the same year, Soybeans was the 338th most imported product in Austria. Austria imports Soybeans primarily from: Hungary ($34.7M), Croatia ($17.8M), Ukraine ($14.1M), Slovakia ($11.5M), and Romania ($11.4M).

The fastest growing import markets in Soybeans for Austria between 2021 and 2022 were Hungary ($13.1M), Ukraine ($7.72M), and Togo ($5.06M).

Latest Trends

Sep 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 Soybeans. 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)$83.3M
IMPORTS (2022)$117M
NET TRADE (2022)-$33.3M

In 2022, Austria exported $83.3M in Soybeans. The main destinations of Austria exports on Soybeans were Germany ($50.4M), Italy ($4.63M), Switzerland ($4.48M), Czechia ($3.67M), and Hungary ($3.12M).

In 2022, Austria imported $117M in Soybeans, mainly from Hungary ($34.7M), Croatia ($17.8M), Ukraine ($14.1M), Slovakia ($11.5M), and Romania ($11.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soybeans EXPORT MARKETS FOR Austria WERE (2021 - 2022):
Germany$8.13M (19.2%)
Italy$2.24M (93.9%)
Switzerland$1.59M (55.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soybeans BY Austria WERE (2021 - 2022):
Slovakia-$1.69M (-47.1%)
Hungary-$1.41M (-31.1%)
Croatia-$473k (-40.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Austria' main exporting competitors in Soybeans were:
In 2022, Austria' main importing competitors in Soybeans were:
China $54.1B
Mexico $4.08B
Japan $2.47B

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Trade Value of Soybeans by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $9.43M
TOP IMPORT POTENTIALUkraine+ $2.74M

Soybeans’s highest export potential is Germany. With an export gap of $9.43M.   Soybeans’s highest import potential is Ukraine with an import gap of $2.74M.

See methodology.

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