2023
Exports
$144MWorld Rnk 22 / 164
Flag Rnk 234 / 1211
2023
PRODUCT COMPLEXITY IN Iron Blocks
-0.47Rnk 688 / 1025
2023
Imports
$199MWorld Rnk 27 / 220
Flag Rnk 222 / 1213
2023
ECONOMIC COMPLEXITY of Austria
1.56Rnk 8 / 132

About

Exports In 2023, Austria exported $144M in Iron Blocks, making it the 22nd largest exporter of Iron Blocks in the world. At the same year, Iron Blocks was the 234th most exported product in Austria. The main destination of Iron Blocks exports from Austria are: Germany ($32.9M), Slovenia ($16.9M), Czechia ($14.7M), Hungary ($9.36M), and Croatia ($9.21M).

The fastest growing export markets for Iron Blocks of Austria between 2022 and 2023 were Croatia ($2.66M), Denmark ($1.75M), and Turkey ($1.1M).

Imports In 2023, Austria imported $199M in Iron Blocks, becoming the 27th largest importer of Iron Blocks in the world. At the same year, Iron Blocks was the 222nd most imported product in Austria. Austria imports Iron Blocks primarily from: Germany ($67.4M), Luxembourg ($43M), Italy ($34.3M), Poland ($13.4M), and Czechia ($6.72M).

The fastest growing import markets in Iron Blocks for Austria between 2022 and 2023 were Sweden ($1.5M), Belgium ($1.5M), and Netherlands ($1.47M).

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 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 (2023)$144M
IMPORTS (2023)$199M
NET TRADE (2023)-$54.8M

In 2023, Austria exported $144M in Iron Blocks. The main destinations of Austria exports on Iron Blocks were Germany ($32.9M), Slovenia ($16.9M), Czechia ($14.7M), Hungary ($9.36M), and Croatia ($9.21M).

In 2023, Austria imported $199M in Iron Blocks, mainly from Germany ($67.4M), Luxembourg ($43M), Italy ($34.3M), Poland ($13.4M), and Czechia ($6.72M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Iron Blocks EXPORT MARKETS FOR Austria WERE (2022 - 2023):
Croatia$2.66M (40.5%)
Denmark$1.75M (3.56k%)
Turkey$1.1M (61.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Blocks BY Austria WERE (2022 - 2023):
Germany-$11.3M (-25.5%)
Slovenia-$8.45M (-33.3%)
Hungary-$5.61M (-37.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Austria' main exporting competitors in Iron Blocks were:
China $2.69B
Spain $1.83B
Germany $1.64B
In 2023, 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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