2022
Exports
$84.6MWorld Rnk 36 / 126
Flag Rnk 339 / 1211
2022
PRODUCT COMPLEXITY IN Hot-Rolled Iron Bars
-0.34Rnk 659 / 1025
2022
Imports
$398MWorld Rnk 15 / 210
Flag Rnk 125 / 1212
2022
ECONOMIC COMPLEXITY of Austria
1.5Rnk 8 / 133

About

Exports In 2022, Austria exported $84.6M in Hot-Rolled Iron Bars, making it the 36th largest exporter of Hot-Rolled Iron Bars in the world. At the same year, Hot-Rolled Iron Bars was the 339th most exported product in Austria. The main destination of Hot-Rolled Iron Bars exports from Austria are: Germany ($32.3M), Italy ($10.6M), Switzerland ($8.94M), Czechia ($7.18M), and Hungary ($5.31M).

The fastest growing export markets for Hot-Rolled Iron Bars of Austria between 2021 and 2022 were Germany ($5.48M), Switzerland ($2.35M), and Czechia ($1.35M).

Imports In 2022, Austria imported $398M in Hot-Rolled Iron Bars, becoming the 15th largest importer of Hot-Rolled Iron Bars in the world. At the same year, Hot-Rolled Iron Bars was the 125th most imported product in Austria. Austria imports Hot-Rolled Iron Bars primarily from: Italy ($246M), Germany ($116M), Slovakia ($10.6M), Bosnia and Herzegovina ($7.87M), and United Kingdom ($4.35M).

The fastest growing import markets in Hot-Rolled Iron Bars for Austria between 2021 and 2022 were Germany ($32.1M), Italy ($19.7M), and Slovakia ($8.52M).

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 Hot-Rolled Iron Bars. 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)$84.6M
IMPORTS (2022)$398M
NET TRADE (2022)-$313M

In 2022, Austria exported $84.6M in Hot-Rolled Iron Bars. The main destinations of Austria exports on Hot-Rolled Iron Bars were Germany ($32.3M), Italy ($10.6M), Switzerland ($8.94M), Czechia ($7.18M), and Hungary ($5.31M).

In 2022, Austria imported $398M in Hot-Rolled Iron Bars, mainly from Italy ($246M), Germany ($116M), Slovakia ($10.6M), Bosnia and Herzegovina ($7.87M), and United Kingdom ($4.35M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hot-Rolled Iron Bars EXPORT MARKETS FOR Austria WERE (2021 - 2022):
Germany$5.48M (20.4%)
Switzerland$2.35M (35.7%)
Czechia$1.35M (23.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hot-Rolled Iron Bars BY Austria WERE (2021 - 2022):
Netherlands-$9.74M (-89.7%)
United Kingdom-$1.09M (-89.9%)
Benin-$603k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Austria' main exporting competitors in Hot-Rolled Iron Bars were:
Germany $1.64B
China $1.62B
In 2022, Austria' main importing competitors in Hot-Rolled Iron Bars were:

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Trade Value of Hot-Rolled Iron Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $6.81M
TOP IMPORT POTENTIALGermany+ $8.35M

Hot-Rolled Iron Bars’s highest export potential is Germany. With an export gap of $6.81M.   Hot-Rolled Iron Bars’s highest import potential is Germany with an import gap of $8.35M.

See methodology.

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