2023
Exports
$61.3MWorld Rnk 18 / 160
Flag Rnk 380 / 1211
2023
PRODUCT COMPLEXITY IN Knitting Machine Accessories
1.38Rnk 66 / 1025
2023
Imports
$44.1MWorld Rnk 22 / 202
Flag Rnk 552 / 1213
2023
ECONOMIC COMPLEXITY of Austria
1.56Rnk 8 / 132

About

Exports In 2023, Austria exported $61.3M in Knitting Machine Accessories, making it the 18th largest exporter of Knitting Machine Accessories in the world. At the same year, Knitting Machine Accessories was the 380th most exported product in Austria. The main destination of Knitting Machine Accessories exports from Austria are: Germany ($11.1M), China ($8.32M), Nigeria ($4.65M), Hungary ($3.14M), and United States ($2.69M).

The fastest growing export markets for Knitting Machine Accessories of Austria between 2022 and 2023 were Nigeria ($1.27M), France ($1.25M), and Czechia ($758k).

Imports In 2023, Austria imported $44.1M in Knitting Machine Accessories, becoming the 22nd largest importer of Knitting Machine Accessories in the world. At the same year, Knitting Machine Accessories was the 552nd most imported product in Austria. Austria imports Knitting Machine Accessories primarily from: Germany ($25.3M), Hungary ($5.7M), France ($1.59M), Switzerland ($1.58M), and Slovenia ($1.41M).

The fastest growing import markets in Knitting Machine Accessories for Austria between 2022 and 2023 were Germany ($7.73M), France ($382k), and Czechia ($350k).

Latest Trends

Jan 2025

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 Knitting Machine Accessories. 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)$61.3M
IMPORTS (2023)$44.1M
NET TRADE (2023)$17.3M

In 2023, Austria exported $61.3M in Knitting Machine Accessories. The main destinations of Austria exports on Knitting Machine Accessories were Germany ($11.1M), China ($8.32M), Nigeria ($4.65M), Hungary ($3.14M), and United States ($2.69M).

In 2023, Austria imported $44.1M in Knitting Machine Accessories, mainly from Germany ($25.3M), Hungary ($5.7M), France ($1.59M), Switzerland ($1.58M), and Slovenia ($1.41M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Knitting Machine Accessories EXPORT MARKETS FOR Austria WERE (2022 - 2023):
Nigeria$1.27M (37.6%)
France$1.25M (1.32k%)
Czechia$758k (67.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knitting Machine Accessories BY Austria WERE (2022 - 2023):
China-$6.1M (-42.3%)
Germany-$4.73M (-29.8%)
India-$1.44M (-50.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Austria' main exporting competitors in Knitting Machine Accessories were:
In 2023, Austria' main importing competitors in Knitting Machine Accessories were:

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Trade Value of Knitting Machine Accessories by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $5.99M
TOP IMPORT POTENTIALGermany+ $4.27M

Knitting Machine Accessories’s highest export potential is Germany. With an export gap of $5.99M.   Knitting Machine Accessories’s highest import potential is Germany with an import gap of $4.27M.

See methodology.

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