2022
Exports
$10.1MWorld Rnk 16 / 184
Flag Rnk 733 / 1211
2022
PRODUCT COMPLEXITY IN Tool Sets
0.9Rnk 208 / 1025
2022
Imports
$27MWorld Rnk 16 / 218
Flag Rnk 643 / 1212
2022
ECONOMIC COMPLEXITY of Austria
1.5Rnk 8 / 133

About

Exports In 2022, Austria exported $10.1M in Tool Sets, making it the 16th largest exporter of Tool Sets in the world. At the same year, Tool Sets was the 733rd most exported product in Austria. The main destination of Tool Sets exports from Austria are: Germany ($2.21M), Italy ($839k), Hungary ($803k), India ($622k), and Poland ($526k).

The fastest growing export markets for Tool Sets of Austria between 2021 and 2022 were India ($605k), Italy ($234k), and Hungary ($214k).

Imports In 2022, Austria imported $27M in Tool Sets, becoming the 16th largest importer of Tool Sets in the world. At the same year, Tool Sets was the 643rd most imported product in Austria. Austria imports Tool Sets primarily from: Germany ($13.4M), China ($6.71M), Poland ($1.31M), Vietnam ($1.29M), and Netherlands ($1.21M).

The fastest growing import markets in Tool Sets for Austria between 2021 and 2022 were Netherlands ($906k), Vietnam ($791k), and Switzerland ($234k).

Latest Trends

Nov 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 Tool Sets. 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)$10.1M
IMPORTS (2022)$27M
NET TRADE (2022)-$16.9M

In 2022, Austria exported $10.1M in Tool Sets. The main destinations of Austria exports on Tool Sets were Germany ($2.21M), Italy ($839k), Hungary ($803k), India ($622k), and Poland ($526k).

In 2022, Austria imported $27M in Tool Sets, mainly from Germany ($13.4M), China ($6.71M), Poland ($1.31M), Vietnam ($1.29M), and Netherlands ($1.21M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tool Sets EXPORT MARKETS FOR Austria WERE (2021 - 2022):
India$605k (3.65k%)
Italy$234k (38.6%)
Hungary$214k (36.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tool Sets BY Austria WERE (2021 - 2022):
Norway-$124k (-72.6%)
Serbia-$83.3k (-67.8%)
United Arab Emirates-$77.9k (-69.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Austria' main exporting competitors in Tool Sets were:
In 2022, Austria' main importing competitors in Tool Sets were:

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Trade Value of Tool Sets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $867k
TOP IMPORT POTENTIALChina+ $1.09M

Tool Sets’s highest export potential is Germany. With an export gap of $867k.   Tool Sets’s highest import potential is China with an import gap of $1.09M.

See methodology.

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