2022
Exports
$14.7MWorld Rnk 24 / 89
Flag Rnk 664 / 1211
2022
PRODUCT COMPLEXITY IN Iron Reductions
-1.54Rnk 951 / 1025
2022
Imports
$131MWorld Rnk 15 / 144
Flag Rnk 312 / 1212
2022
ECONOMIC COMPLEXITY of Austria
1.5Rnk 8 / 133

About

Exports In 2022, Austria exported $14.7M in Iron Reductions, making it the 24th largest exporter of Iron Reductions in the world. At the same year, Iron Reductions was the 664th most exported product in Austria. The main destination of Iron Reductions exports from Austria are: Italy ($6.53M), France ($2.75M), Greece ($2.08M), Slovakia ($1.48M), and Netherlands ($857k).

The fastest growing export markets for Iron Reductions of Austria between 2021 and 2022 were Italy ($3M), France ($2.75M), and Netherlands ($854k).

Imports In 2022, Austria imported $131M in Iron Reductions, becoming the 15th largest importer of Iron Reductions in the world. At the same year, Iron Reductions was the 312th most imported product in Austria. Austria imports Iron Reductions primarily from: United States ($111M), Slovenia ($19.1M), Netherlands ($186k), France ($134k), and Italy ($98.5k).

The fastest growing import markets in Iron Reductions for Austria between 2021 and 2022 were Slovenia ($19.1M), Netherlands ($186k), and France ($134k).

Latest Trends

Sep 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 Reductions. 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)$14.7M
IMPORTS (2022)$131M
NET TRADE (2022)-$116M

In 2022, Austria exported $14.7M in Iron Reductions. The main destinations of Austria exports on Iron Reductions were Italy ($6.53M), France ($2.75M), Greece ($2.08M), Slovakia ($1.48M), and Netherlands ($857k).

In 2022, Austria imported $131M in Iron Reductions, mainly from United States ($111M), Slovenia ($19.1M), Netherlands ($186k), France ($134k), and Italy ($98.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Reductions EXPORT MARKETS FOR Austria WERE (2021 - 2022):
Italy$3M (84.8%)
France$2.75M (1%)
Netherlands$854k (25.7k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Reductions BY Austria WERE (2021 - 2022):
Greece-$9M (-81.2%)
Germany-$6.63M (-94.4%)
Slovenia-$240k (-29.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Austria' main exporting competitors in Iron Reductions were:
In 2022, Austria' main importing competitors in Iron Reductions were:

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Trade Value of Iron Reductions by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $897k
TOP IMPORT POTENTIALNetherlands+ $302k

Iron Reductions’s highest export potential is Italy. With an export gap of $897k.   Iron Reductions’s highest import potential is Netherlands with an import gap of $302k.

See methodology.

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