2023
Exports
$79MWorld Rnk 21 / 162
Flag Rnk 330 / 1211
2023
PRODUCT COMPLEXITY IN Margarine
-0.85Rnk 793 / 1025
2023
Imports
$72.8MWorld Rnk 29 / 221
Flag Rnk 431 / 1213
2023
ECONOMIC COMPLEXITY of Austria
1.56Rnk 8 / 132

About

Exports In 2023, Austria exported $79M in Margarine, making it the 21st largest exporter of Margarine in the world. At the same year, Margarine was the 330th most exported product in Austria. The main destination of Margarine exports from Austria are: Germany ($29.9M), Italy ($18.9M), Serbia ($7.06M), Czechia ($6.06M), and Hungary ($5.03M).

The fastest growing export markets for Margarine of Austria between 2022 and 2023 were Germany ($7.55M), Italy ($6.19M), and Hungary ($1.3M).

Imports In 2023, Austria imported $72.8M in Margarine, becoming the 29th largest importer of Margarine in the world. At the same year, Margarine was the 431st most imported product in Austria. Austria imports Margarine primarily from: Germany ($31.2M), Poland ($12.4M), Netherlands ($11.1M), Belgium ($9.75M), and Italy ($2.36M).

The fastest growing import markets in Margarine for Austria between 2022 and 2023 were Germany ($1.87M), Hungary ($1.12M), and Czechia ($621k).

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 Margarine. 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)$79M
IMPORTS (2023)$72.8M
NET TRADE (2023)$6.24M

In 2023, Austria exported $79M in Margarine. The main destinations of Austria exports on Margarine were Germany ($29.9M), Italy ($18.9M), Serbia ($7.06M), Czechia ($6.06M), and Hungary ($5.03M).

In 2023, Austria imported $72.8M in Margarine, mainly from Germany ($31.2M), Poland ($12.4M), Netherlands ($11.1M), Belgium ($9.75M), and Italy ($2.36M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Margarine EXPORT MARKETS FOR Austria WERE (2022 - 2023):
Germany$7.55M (33.8%)
Italy$6.19M (48.8%)
Hungary$1.3M (34.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Margarine BY Austria WERE (2022 - 2023):
Denmark-$1.38M (-78.7%)
Slovakia-$1.36M (-47.3%)
Serbia-$1.33M (-15.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Austria' main exporting competitors in Margarine were:
In 2023, Austria' main importing competitors in Margarine were:
China $1.08B

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Trade Value of Margarine by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $2.96M
TOP IMPORT POTENTIALItaly+ $1.92M

Margarine’s highest export potential is Germany. With an export gap of $2.96M.   Margarine’s highest import potential is Italy with an import gap of $1.92M.

See methodology.

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