2022
Exports
$193MWorld Rnk 24 / 177
Flag Rnk 218 / 1211
2022
PRODUCT COMPLEXITY IN Iron Blocks
-0.42Rnk 679 / 1025
2022
Imports
$333MWorld Rnk 17 / 219
Flag Rnk 150 / 1212
2022
ECONOMIC COMPLEXITY of Austria
1.5Rnk 8 / 133

About

Exports In 2022, Austria exported $193M in Iron Blocks, making it the 24th largest exporter of Iron Blocks in the world. At the same year, Iron Blocks was the 218th most exported product in Austria. The main destination of Iron Blocks exports from Austria are: Germany ($47.6M), Slovenia ($24.1M), Czechia ($16.8M), Hungary ($13.5M), and Switzerland ($11.1M).

The fastest growing export markets for Iron Blocks of Austria between 2021 and 2022 were Germany ($7.6M), Slovenia ($7.29M), and Italy ($4.3M).

Imports In 2022, Austria imported $333M in Iron Blocks, becoming the 17th largest importer of Iron Blocks in the world. At the same year, Iron Blocks was the 150th most imported product in Austria. Austria imports Iron Blocks primarily from: Germany ($118M), Luxembourg ($66.5M), Italy ($49M), Poland ($27.3M), and Czechia ($17.1M).

The fastest growing import markets in Iron Blocks for Austria between 2021 and 2022 were Luxembourg ($22.4M), Netherlands ($4.19M), and Italy ($3.5M).

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 Iron Blocks. 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)$193M
IMPORTS (2022)$333M
NET TRADE (2022)-$140M

In 2022, Austria exported $193M in Iron Blocks. The main destinations of Austria exports on Iron Blocks were Germany ($47.6M), Slovenia ($24.1M), Czechia ($16.8M), Hungary ($13.5M), and Switzerland ($11.1M).

In 2022, Austria imported $333M in Iron Blocks, mainly from Germany ($118M), Luxembourg ($66.5M), Italy ($49M), Poland ($27.3M), and Czechia ($17.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Blocks EXPORT MARKETS FOR Austria WERE (2021 - 2022):
Germany$7.6M (19%)
Slovenia$7.29M (43.4%)
Italy$4.3M (99.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Blocks BY Austria WERE (2021 - 2022):
Netherlands-$4.23M (-36.9%)
United States-$1.04M (-43.7%)
United Kingdom-$936k (-39.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Austria' main exporting competitors in Iron Blocks were:
China $2.83B
Spain $2.24B
Germany $2.07B
In 2022, Austria' main importing competitors in Iron Blocks were:

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Trade Value of Iron Blocks by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $15.9M
TOP IMPORT POTENTIALItaly+ $5.1M

Iron Blocks’s highest export potential is Germany. With an export gap of $15.9M.   Iron Blocks’s highest import potential is Italy with an import gap of $5.1M.

See methodology.

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