2023
Exports
$352MWorld Rnk 14 / 212
Flag Rnk 134 / 1211
2023
PRODUCT COMPLEXITY IN Interchangeable Tool Parts
1.77Rnk 16 / 1025
2023
Imports
$443MWorld Rnk 15 / 223
Flag Rnk 114 / 1213
2023
ECONOMIC COMPLEXITY of Austria
1.56Rnk 8 / 132

About

Exports In 2023, Austria exported $352M in Interchangeable Tool Parts, making it the 14th largest exporter of Interchangeable Tool Parts in the world. At the same year, Interchangeable Tool Parts was the 134th most exported product in Austria. The main destination of Interchangeable Tool Parts exports from Austria are: Germany ($96.5M), France ($28.8M), Italy ($28.4M), United States ($25.6M), and Switzerland ($15.5M).

The fastest growing export markets for Interchangeable Tool Parts of Austria between 2022 and 2023 were Spain ($3.32M), China ($2.66M), and France ($2.15M).

Imports In 2023, Austria imported $443M in Interchangeable Tool Parts, becoming the 15th largest importer of Interchangeable Tool Parts in the world. At the same year, Interchangeable Tool Parts was the 114th most imported product in Austria. Austria imports Interchangeable Tool Parts primarily from: Germany ($200M), Italy ($50.5M), Switzerland ($46.8M), China ($46.5M), and Slovenia ($16.5M).

The fastest growing import markets in Interchangeable Tool Parts for Austria between 2022 and 2023 were Italy ($6.57M), Switzerland ($1.74M), and United States ($1.62M).

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 Interchangeable Tool Parts. 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)$352M
IMPORTS (2023)$443M
NET TRADE (2023)-$90.6M

In 2023, Austria exported $352M in Interchangeable Tool Parts. The main destinations of Austria exports on Interchangeable Tool Parts were Germany ($96.5M), France ($28.8M), Italy ($28.4M), United States ($25.6M), and Switzerland ($15.5M).

In 2023, Austria imported $443M in Interchangeable Tool Parts, mainly from Germany ($200M), Italy ($50.5M), Switzerland ($46.8M), China ($46.5M), and Slovenia ($16.5M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Interchangeable Tool Parts EXPORT MARKETS FOR Austria WERE (2022 - 2023):
Spain$3.32M (59.9%)
China$2.66M (110%)
France$2.15M (8.09%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Interchangeable Tool Parts BY Austria WERE (2022 - 2023):
Germany-$15.1M (-13.6%)
Sweden-$4.84M (-46.2%)
Italy-$4.64M (-14.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Austria' main exporting competitors in Interchangeable Tool Parts were:
In 2023, Austria' main importing competitors in Interchangeable Tool Parts were:

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Trade Value of Interchangeable Tool Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $30.8M
TOP IMPORT POTENTIALChina+ $17.5M

Interchangeable Tool Parts’s highest export potential is Germany. With an export gap of $30.8M.   Interchangeable Tool Parts’s highest import potential is China with an import gap of $17.5M.

See methodology.

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