2022
Exports
$1.58MWorld Rnk 33 / 120
Flag Rnk 975 / 1211
2022
PRODUCT COMPLEXITY IN Knitting Machines
1.1Rnk 135 / 1025
2022
Imports
$4.44MWorld Rnk 62 / 191
Flag Rnk 963 / 1212
2022
ECONOMIC COMPLEXITY of Austria
1.5Rnk 8 / 133

About

Exports In 2022, Austria exported $1.58M in Knitting Machines, making it the 33rd largest exporter of Knitting Machines in the world. At the same year, Knitting Machines was the 975th most exported product in Austria. The main destination of Knitting Machines exports from Austria are: France ($578k), Brazil ($402k), Italy ($255k), Dominican Republic ($138k), and Romania ($62.6k).

The fastest growing export markets for Knitting Machines of Austria between 2021 and 2022 were France ($578k), Brazil ($402k), and Italy ($231k).

Imports In 2022, Austria imported $4.44M in Knitting Machines, becoming the 62nd largest importer of Knitting Machines in the world. At the same year, Knitting Machines was the 963rd most imported product in Austria. Austria imports Knitting Machines primarily from: Germany ($2.88M), Switzerland ($749k), Italy ($406k), China ($177k), and Spain ($91.9k).

The fastest growing import markets in Knitting Machines for Austria between 2021 and 2022 were Germany ($1.36M), Switzerland ($124k), and France ($8.87k).

Latest Trends

Oct 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 Knitting Machines. 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)$1.58M
IMPORTS (2022)$4.44M
NET TRADE (2022)-$2.86M

In 2022, Austria exported $1.58M in Knitting Machines. The main destinations of Austria exports on Knitting Machines were France ($578k), Brazil ($402k), Italy ($255k), Dominican Republic ($138k), and Romania ($62.6k).

In 2022, Austria imported $4.44M in Knitting Machines, mainly from Germany ($2.88M), Switzerland ($749k), Italy ($406k), China ($177k), and Spain ($91.9k).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Knitting Machines EXPORT MARKETS FOR Austria WERE (2021 - 2022):
France$578k (1%)
Brazil$402k (1%)
Italy$231k (963%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knitting Machines BY Austria WERE (2021 - 2022):
China-$1.72M (-100%)
Vietnam-$91.8k (-100%)
Switzerland-$56.6k (-99.6%)

Change in Exports by Market (undefined - undefined)

Market Concentration

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Flow
Type
In 2022, Austria' main exporting competitors in Knitting Machines were:
China $1.28B
Japan $411M
In 2022, Austria' main importing competitors in Knitting Machines were:

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Trade Value of Knitting Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $165k
TOP IMPORT POTENTIALGermany+ $624k

Knitting Machines’s highest export potential is Italy. With an export gap of $165k.   Knitting Machines’s highest import potential is Germany with an import gap of $624k.

See methodology.

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