2022
Exports
$1.21BWorld Rnk 38 / 210
Flag Rnk 29 / 96
2022
PRODUCT COMPLEXITY IN Inorganic chemicals
1.72Rnk 21 / 1025
2022
Imports
$1.25BWorld Rnk 34 / 225
Flag Rnk 27 / 96
2022
ECONOMIC COMPLEXITY of Austria
1.5Rnk 8 / 133

About

Exports In 2022, Austria exported $1.21B in Inorganic chemicals, making it the 38th largest exporter of Inorganic chemicals in the world. At the same year, Inorganic chemicals was the 29th most exported product in Austria. The main destination of Inorganic chemicals exports from Austria are: Germany ($237M), Italy ($173M), United States ($125M), Sweden ($102M), and France ($83.8M).

The fastest growing export markets for Inorganic chemicals of Austria between 2021 and 2022 were United States ($31.3M), Italy ($29.8M), and France ($19.8M).

Imports In 2022, Austria imported $1.25B in Inorganic chemicals, becoming the 34th largest importer of Inorganic chemicals in the world. At the same year, Inorganic chemicals was the 27th most imported product in Austria. Austria imports Inorganic chemicals primarily from: Germany ($436M), Italy ($128M), Netherlands ($118M), Czechia ($65.9M), and Hungary ($64.1M).

The fastest growing import markets in Inorganic chemicals for Austria between 2021 and 2022 were Italy ($59M), Germany ($51M), and Hungary ($27.9M).

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 Inorganic chemicals. 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)$1.21B
IMPORTS (2022)$1.25B
NET TRADE (2022)-$40.5M

In 2022, Austria exported $1.21B in Inorganic chemicals. The main destinations of Austria exports on Inorganic chemicals were Germany ($237M), Italy ($173M), United States ($125M), Sweden ($102M), and France ($83.8M).

In 2022, Austria imported $1.25B in Inorganic chemicals, mainly from Germany ($436M), Italy ($128M), Netherlands ($118M), Czechia ($65.9M), and Hungary ($64.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Inorganic chemicals EXPORT MARKETS FOR Austria WERE (2021 - 2022):
United States$31.3M (33.5%)
Italy$29.8M (20.8%)
France$19.8M (31%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Inorganic chemicals BY Austria WERE (2021 - 2022):
Thailand-$13M (-38.1%)
United Kingdom-$11.8M (-56.2%)
China-$7.76M (-25.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Inorganic chemicals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $51.7M
TOP IMPORT POTENTIALChina+ $27.4M

Inorganic chemicals’s highest export potential is Germany. With an export gap of $51.7M.   Inorganic chemicals’s highest import potential is China with an import gap of $27.4M.

See methodology.

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