2022
Exports
$542MWorld Rnk 47 / 210
Flag Rnk 47 / 96
2022
PRODUCT COMPLEXITY IN Animal or vegetable fats, oils, & waxes
0.8Rnk 244 / 1025
2022
Imports
$1.12BWorld Rnk 36 / 224
Flag Rnk 34 / 96
2022
ECONOMIC COMPLEXITY of Austria
1.5Rnk 8 / 133

About

Exports In 2022, Austria exported $542M in Animal or vegetable fats, oils, & waxes, making it the 47th largest exporter of Animal or vegetable fats, oils, & waxes in the world. At the same year, Animal or vegetable fats, oils, & waxes was the 47th most exported product in Austria. The main destination of Animal or vegetable fats, oils, & waxes exports from Austria are: Germany ($216M), Italy ($51.1M), Netherlands ($40.7M), Czechia ($38.4M), and Poland ($36.3M).

The fastest growing export markets for Animal or vegetable fats, oils, & waxes of Austria between 2021 and 2022 were Germany ($17.6M), Netherlands ($13.5M), and Czechia ($13.5M).

Imports In 2022, Austria imported $1.12B in Animal or vegetable fats, oils, & waxes, becoming the 36th largest importer of Animal or vegetable fats, oils, & waxes in the world. At the same year, Animal or vegetable fats, oils, & waxes was the 34th most imported product in Austria. Austria imports Animal or vegetable fats, oils, & waxes primarily from: Germany ($192M), Netherlands ($144M), Czechia ($122M), Italy ($113M), and Slovakia ($82.9M).

The fastest growing import markets in Animal or vegetable fats, oils, & waxes for Austria between 2021 and 2022 were Netherlands ($57M), Slovakia ($47.6M), and Czechia ($33.6M).

Latest Trends

Jul 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 Animal or vegetable fats, oils, & waxes. 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)$542M
IMPORTS (2022)$1.12B
NET TRADE (2022)-$580M

In 2022, Austria exported $542M in Animal or vegetable fats, oils, & waxes. The main destinations of Austria exports on Animal or vegetable fats, oils, & waxes were Germany ($216M), Italy ($51.1M), Netherlands ($40.7M), Czechia ($38.4M), and Poland ($36.3M).

In 2022, Austria imported $1.12B in Animal or vegetable fats, oils, & waxes, mainly from Germany ($192M), Netherlands ($144M), Czechia ($122M), Italy ($113M), and Slovakia ($82.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Animal or vegetable fats, oils, & waxes EXPORT MARKETS FOR Austria WERE (2021 - 2022):
Germany$17.6M (8.84%)
Netherlands$13.5M (49.7%)
Czechia$13.5M (54%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Animal or vegetable fats, oils, & waxes BY Austria WERE (2021 - 2022):
Hungary-$16.1M (-32.6%)
Poland-$13.9M (-27.6%)
Belgium-$2.86M (-39.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Austria' main exporting competitors in Animal or vegetable fats, oils, & waxes were:
In 2022, Austria' main importing competitors in Animal or vegetable fats, oils, & waxes were:

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Trade Value of Animal or vegetable fats, oils, & waxes by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALGermany+ $23.2M
TOP IMPORT POTENTIALGermany+ $32.8M

Animal or vegetable fats, oils, & waxes’s highest export potential is Germany. With an export gap of $23.2M.   Animal or vegetable fats, oils, & waxes’s highest import potential is Germany with an import gap of $32.8M.

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