2022
Exports
$9.66BWorld Rnk 18 / 223
Flag Rnk 6 / 96
2022
PRODUCT COMPLEXITY IN Iron & steel
1.68Rnk 28 / 1025
2022
Imports
$6.79BWorld Rnk 22 / 225
Flag Rnk 8 / 96
2022
ECONOMIC COMPLEXITY of Austria
1.5Rnk 8 / 133

About

Exports In 2022, Austria exported $9.66B in Iron & steel, making it the 18th largest exporter of Iron & steel in the world. At the same year, Iron & steel was the 6th most exported product in Austria. The main destination of Iron & steel exports from Austria are: Germany ($3.1B), Italy ($1.32B), Czechia ($644M), Poland ($394M), and United States ($382M).

The fastest growing export markets for Iron & steel of Austria between 2021 and 2022 were Germany ($376M), Brazil ($154M), and Czechia ($149M).

Imports In 2022, Austria imported $6.79B in Iron & steel, becoming the 22nd largest importer of Iron & steel in the world. At the same year, Iron & steel was the 8th most imported product in Austria. Austria imports Iron & steel primarily from: Germany ($2.34B), Italy ($1.28B), Hungary ($410M), Czechia ($396M), and Slovakia ($320M).

The fastest growing import markets in Iron & steel for Austria between 2021 and 2022 were Germany ($298M), Italy ($76.3M), and Luxembourg ($62.6M).

COMPANIES In 2023, leading companies such as Stihl (4) were at the forefront of shipping Iron & steel from Austria to the United States.

Latest Trends

Jul 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 & steel. 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)$9.66B
IMPORTS (2022)$6.79B
NET TRADE (2022)$2.87B

In 2022, Austria exported $9.66B in Iron & steel. The main destinations of Austria exports on Iron & steel were Germany ($3.1B), Italy ($1.32B), Czechia ($644M), Poland ($394M), and United States ($382M).

In 2022, Austria imported $6.79B in Iron & steel, mainly from Germany ($2.34B), Italy ($1.28B), Hungary ($410M), Czechia ($396M), and Slovakia ($320M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron & steel EXPORT MARKETS FOR Austria WERE (2021 - 2022):
Germany$376M (13.8%)
Brazil$154M (252%)
Czechia$149M (30%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron & steel BY Austria WERE (2021 - 2022):
China-$50.2M (-27.2%)
United Arab Emirates-$30.5M (-83.9%)
Greece-$14.2M (-46.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Austria' main exporting competitors in Iron & steel were:
China $69.8B
Germany $36.9B
Japan $35.7B
In 2022, Austria' main importing competitors in Iron & steel were:

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Trade Value of Iron & steel by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $276M
TOP IMPORT POTENTIALSlovakia+ $112M

Iron & steel’s highest export potential is Germany. With an export gap of $276M.   Iron & steel’s highest import potential is Slovakia with an import gap of $112M.

See methodology.

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