2023
Exports
$36.1MWorld Rnk 7 / 92
Flag Rnk 461 / 1211
2023
PRODUCT COMPLEXITY IN Looms
0.87Rnk 221 / 1025
2023
Imports
$1.99MWorld Rnk 65 / 155
Flag Rnk 1053 / 1213
2023
ECONOMIC COMPLEXITY of Austria
1.56Rnk 8 / 132

About

Exports In 2023, Austria exported $36.1M in Looms, making it the 7th largest exporter of Looms in the world. At the same year, Looms was the 461st most exported product in Austria. The main destination of Looms exports from Austria are: Kenya ($11.8M), Turkey ($5.45M), Russia ($2.68M), Tajikistan ($1.58M), and Peru ($1.53M).

The fastest growing export markets for Looms of Austria between 2022 and 2023 were Kenya ($10.9M), Turkey ($1.62M), and Tajikistan ($1.58M).

Imports In 2023, Austria imported $1.99M in Looms, becoming the 65th largest importer of Looms in the world. At the same year, Looms was the 1053rd most imported product in Austria. Austria imports Looms primarily from: Germany ($1.09M), Belgium ($666k), Switzerland ($158k), New Zealand ($47.6k), and Spain ($18.8k).

The fastest growing import markets in Looms for Austria between 2022 and 2023 were Belgium ($396k), Switzerland ($79.1k), and Netherlands ($678).

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 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 (2023)$36.1M
IMPORTS (2023)$1.99M
NET TRADE (2023)$34.1M

In 2023, Austria exported $36.1M in Looms. The main destinations of Austria exports on Looms were Kenya ($11.8M), Turkey ($5.45M), Russia ($2.68M), Tajikistan ($1.58M), and Peru ($1.53M).

In 2023, Austria imported $1.99M in Looms, mainly from Germany ($1.09M), Belgium ($666k), Switzerland ($158k), New Zealand ($47.6k), and Spain ($18.8k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Looms EXPORT MARKETS FOR Austria WERE (2022 - 2023):
Kenya$10.9M (1.21k%)
Turkey$1.62M (42.2%)
Tajikistan$1.58M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Looms BY Austria WERE (2022 - 2023):
Brazil-$2.97M (-93.9%)
Nigeria-$2.64M (-65.7%)
Malawi-$1.54M (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Austria' main exporting competitors in Looms were:
In 2023, Austria' main importing competitors in Looms were:
India $760M
China $254M

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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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