2023
Exports
$42.1MWorld Rnk 22 / 205
Flag Rnk 438 / 1211
2023
PRODUCT COMPLEXITY IN Gaskets
1.46Rnk 51 / 1025
2023
Imports
$57.7MWorld Rnk 28 / 224
Flag Rnk 484 / 1213
2023
ECONOMIC COMPLEXITY of Austria
1.56Rnk 8 / 132

About

Exports In 2023, Austria exported $42.1M in Gaskets, making it the 22nd largest exporter of Gaskets in the world. At the same year, Gaskets was the 438th most exported product in Austria. The main destination of Gaskets exports from Austria are: Germany ($14.9M), China ($2.5M), Spain ($2.27M), Italy ($1.76M), and France ($1.42M).

The fastest growing export markets for Gaskets of Austria between 2022 and 2023 were Germany ($4.43M), Algeria ($370k), and Slovakia ($298k).

Imports In 2023, Austria imported $57.7M in Gaskets, becoming the 28th largest importer of Gaskets in the world. At the same year, Gaskets was the 484th most imported product in Austria. Austria imports Gaskets primarily from: Germany ($36.8M), Italy ($3.61M), Chinese Taipei ($2.3M), Spain ($1.81M), and United States ($1.68M).

The fastest growing import markets in Gaskets for Austria between 2022 and 2023 were Germany ($1.62M), Netherlands ($838k), and Spain ($578k).

Latest Trends

Dec 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 Gaskets. 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 (2023)$42.1M
IMPORTS (2023)$57.7M
NET TRADE (2023)-$15.6M

In 2023, Austria exported $42.1M in Gaskets. The main destinations of Austria exports on Gaskets were Germany ($14.9M), China ($2.5M), Spain ($2.27M), Italy ($1.76M), and France ($1.42M).

In 2023, Austria imported $57.7M in Gaskets, mainly from Germany ($36.8M), Italy ($3.61M), Chinese Taipei ($2.3M), Spain ($1.81M), and United States ($1.68M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Gaskets EXPORT MARKETS FOR Austria WERE (2022 - 2023):
Germany$4.43M (42.2%)
Algeria$370k (1.77k%)
Slovakia$298k (122%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gaskets BY Austria WERE (2022 - 2023):
Sweden-$592k (-72.6%)
Poland-$582k (-60%)
Italy-$505k (-22.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Austria' main exporting competitors in Gaskets were:
In 2023, Austria' main importing competitors in Gaskets were:

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Trade Value of Gaskets by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $5.37M
TOP IMPORT POTENTIALGermany+ $3.17M

Gaskets’s highest export potential is Germany. With an export gap of $5.37M.   Gaskets’s highest import potential is Germany with an import gap of $3.17M.

See methodology.

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