2022
Exports
$28.4MWorld Rnk 9 / 92
Flag Rnk 540 / 1211
2022
PRODUCT COMPLEXITY IN Looms
0.9Rnk 209 / 1025
2022
Imports
$3.77MWorld Rnk 45 / 159
Flag Rnk 987 / 1212
2022
ECONOMIC COMPLEXITY of Austria
1.5Rnk 8 / 133

About

Exports In 2022, Austria exported $28.4M in Looms, making it the 9th largest exporter of Looms in the world. At the same year, Looms was the 540th most exported product in Austria. The main destination of Looms exports from Austria are: Nigeria ($3.98M), Turkey ($3.87M), Brazil ($3.1M), Russia ($2.06M), and Saudi Arabia ($1.61M).

The fastest growing export markets for Looms of Austria between 2021 and 2022 were Saudi Arabia ($1.61M), Malawi ($1.04M), and Nigeria ($906k).

Imports In 2022, Austria imported $3.77M in Looms, becoming the 45th largest importer of Looms in the world. At the same year, Looms was the 987th most imported product in Austria. Austria imports Looms primarily from: Germany ($1.8M), Italy ($1.25M), Belgium ($270k), China ($145k), and Switzerland ($78.6k).

The fastest growing import markets in Looms for Austria between 2021 and 2022 were Italy ($1.24M), China ($117k), and Spain ($57.3k).

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 Looms. 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)$28.4M
IMPORTS (2022)$3.77M
NET TRADE (2022)$24.6M

In 2022, Austria exported $28.4M in Looms. The main destinations of Austria exports on Looms were Nigeria ($3.98M), Turkey ($3.87M), Brazil ($3.1M), Russia ($2.06M), and Saudi Arabia ($1.61M).

In 2022, Austria imported $3.77M in Looms, mainly from Germany ($1.8M), Italy ($1.25M), Belgium ($270k), China ($145k), and Switzerland ($78.6k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Looms EXPORT MARKETS FOR Austria WERE (2021 - 2022):
Saudi Arabia$1.61M (92.6k%)
Malawi$1.04M (222%)
Nigeria$906k (29.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Looms BY Austria WERE (2021 - 2022):
Turkey-$3.69M (-48.8%)
Egypt-$2.95M (-99.5%)
Morocco-$2.14M (-87.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Austria' main exporting competitors in Looms were:
In 2022, Austria' main importing competitors in Looms were:
India $694M
China $284M

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Trade Value of Looms by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $598k
TOP IMPORT POTENTIALItaly+ $403k

Looms’s highest export potential is Turkey. With an export gap of $598k.   Looms’s highest import potential is Italy with an import gap of $403k.

See methodology.

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