2022
Exports
$1.2BWorld Rnk 17 / 221
Flag Rnk 33 / 1211
2022
PRODUCT COMPLEXITY IN Excavation Machinery
0.96Rnk 185 / 1025
2022
Imports
$1.28BWorld Rnk 16 / 224
Flag Rnk 27 / 1212
2022
ECONOMIC COMPLEXITY of Austria
1.5Rnk 8 / 133

About

Exports In 2022, Austria exported $1.2B in Excavation Machinery, making it the 17th largest exporter of Excavation Machinery in the world. At the same year, Excavation Machinery was the 33rd most exported product in Austria. The main destination of Excavation Machinery exports from Austria are: Germany ($279M), United States ($183M), Italy ($79.1M), Switzerland ($53.1M), and Czechia ($52.8M).

The fastest growing export markets for Excavation Machinery of Austria between 2021 and 2022 were United States ($40.5M), Czechia ($26.9M), and Germany ($21.9M).

Imports In 2022, Austria imported $1.28B in Excavation Machinery, becoming the 16th largest importer of Excavation Machinery in the world. At the same year, Excavation Machinery was the 27th most imported product in Austria. Austria imports Excavation Machinery primarily from: Germany ($397M), Slovenia ($167M), Italy ($112M), Czechia ($110M), and Hungary ($63.4M).

The fastest growing import markets in Excavation Machinery for Austria between 2021 and 2022 were Italy ($11.4M), Belgium ($9.47M), and Hungary ($9.19M).

Latest Trends

Oct 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 Excavation Machinery. 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)$1.2B
IMPORTS (2022)$1.28B
NET TRADE (2022)-$82M

In 2022, Austria exported $1.2B in Excavation Machinery. The main destinations of Austria exports on Excavation Machinery were Germany ($279M), United States ($183M), Italy ($79.1M), Switzerland ($53.1M), and Czechia ($52.8M).

In 2022, Austria imported $1.28B in Excavation Machinery, mainly from Germany ($397M), Slovenia ($167M), Italy ($112M), Czechia ($110M), and Hungary ($63.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Excavation Machinery EXPORT MARKETS FOR Austria WERE (2021 - 2022):
United States$40.5M (28.4%)
Czechia$26.9M (104%)
Germany$21.9M (8.53%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Excavation Machinery BY Austria WERE (2021 - 2022):
Brazil-$12.4M (-52.3%)
France-$7.74M (-13.8%)
Russia-$7.19M (-43.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Excavation Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $98.4M
TOP IMPORT POTENTIALItaly+ $50.3M

Excavation Machinery’s highest export potential is Germany. With an export gap of $98.4M.   Excavation Machinery’s highest import potential is Italy with an import gap of $50.3M.

See methodology.

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