2022
Exports
$92.9MWorld Rnk 5 / 119
Flag Rnk 311 / 1211
2022
PRODUCT COMPLEXITY IN Tungsten
1.45Rnk 63 / 1025
2022
Imports
$130MWorld Rnk 3 / 169
Flag Rnk 315 / 1212
2022
ECONOMIC COMPLEXITY of Austria
1.5Rnk 8 / 133

About

Exports In 2022, Austria exported $92.9M in Tungsten, making it the 5th largest exporter of Tungsten in the world. At the same year, Tungsten was the 311th most exported product in Austria. The main destination of Tungsten exports from Austria are: Germany ($27.2M), United States ($23.9M), Japan ($8.98M), India ($7.91M), and Italy ($7.47M).

The fastest growing export markets for Tungsten of Austria between 2021 and 2022 were United States ($11.1M), Germany ($7.5M), and France ($2.07M).

Imports In 2022, Austria imported $130M in Tungsten, becoming the 3rd largest importer of Tungsten in the world. At the same year, Tungsten was the 315th most imported product in Austria. Austria imports Tungsten primarily from: Germany ($78.2M), Czechia ($14.7M), Italy ($8.7M), Sweden ($7.12M), and United States ($5.57M).

The fastest growing import markets in Tungsten for Austria between 2021 and 2022 were Germany ($20.4M), Sweden ($3.27M), and Czechia ($3.04M).

Latest Trends

Aug 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 Tungsten. 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)$92.9M
IMPORTS (2022)$130M
NET TRADE (2022)-$37M

In 2022, Austria exported $92.9M in Tungsten. The main destinations of Austria exports on Tungsten were Germany ($27.2M), United States ($23.9M), Japan ($8.98M), India ($7.91M), and Italy ($7.47M).

In 2022, Austria imported $130M in Tungsten, mainly from Germany ($78.2M), Czechia ($14.7M), Italy ($8.7M), Sweden ($7.12M), and United States ($5.57M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tungsten EXPORT MARKETS FOR Austria WERE (2021 - 2022):
United States$11.1M (86.5%)
Germany$7.5M (38%)
France$2.07M (63.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tungsten BY Austria WERE (2021 - 2022):
Japan-$826k (-8.42%)
Netherlands-$522k (-61.9%)
Czechia-$355k (-60.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Tungsten by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $724k
TOP IMPORT POTENTIALUnited States+ $831k

Tungsten’s highest export potential is China. With an export gap of $724k.   Tungsten’s highest import potential is United States with an import gap of $831k.

See methodology.

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