2022
Exports
$415MWorld Rnk 11 / 199
Flag Rnk 121 / 1211
2022
PRODUCT COMPLEXITY IN Metalworking Machine Parts
1.64Rnk 34 / 1025
2022
Imports
$448MWorld Rnk 13 / 220
Flag Rnk 112 / 1212
2022
ECONOMIC COMPLEXITY of Austria
1.5Rnk 8 / 133

About

Exports In 2022, Austria exported $415M in Metalworking Machine Parts, making it the 11th largest exporter of Metalworking Machine Parts in the world. At the same year, Metalworking Machine Parts was the 121st most exported product in Austria. The main destination of Metalworking Machine Parts exports from Austria are: Germany ($181M), United States ($36.2M), Switzerland ($23.3M), Italy ($19.3M), and Czechia ($16.6M).

The fastest growing export markets for Metalworking Machine Parts of Austria between 2021 and 2022 were United States ($7.45M), Italy ($3.92M), and Mexico ($3.33M).

Imports In 2022, Austria imported $448M in Metalworking Machine Parts, becoming the 13th largest importer of Metalworking Machine Parts in the world. At the same year, Metalworking Machine Parts was the 112th most imported product in Austria. Austria imports Metalworking Machine Parts primarily from: Germany ($217M), Italy ($45.9M), Switzerland ($32.7M), Czechia ($23.5M), and Slovenia ($18M).

The fastest growing import markets in Metalworking Machine Parts for Austria between 2021 and 2022 were Ireland ($4.98M), Netherlands ($4.45M), and Switzerland ($3.92M).

Latest Trends

Aug 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 Metalworking Machine Parts. 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)$415M
IMPORTS (2022)$448M
NET TRADE (2022)-$32.9M

In 2022, Austria exported $415M in Metalworking Machine Parts. The main destinations of Austria exports on Metalworking Machine Parts were Germany ($181M), United States ($36.2M), Switzerland ($23.3M), Italy ($19.3M), and Czechia ($16.6M).

In 2022, Austria imported $448M in Metalworking Machine Parts, mainly from Germany ($217M), Italy ($45.9M), Switzerland ($32.7M), Czechia ($23.5M), and Slovenia ($18M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Metalworking Machine Parts EXPORT MARKETS FOR Austria WERE (2021 - 2022):
United States$7.45M (25.9%)
Italy$3.92M (25.5%)
Mexico$3.33M (97.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metalworking Machine Parts BY Austria WERE (2021 - 2022):
Egypt-$8.7M (-99%)
Germany-$8.2M (-4.34%)
Turkey-$7.99M (-72.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Austria' main exporting competitors in Metalworking Machine Parts were:
In 2022, Austria' main importing competitors in Metalworking Machine Parts were:

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Trade Value of Metalworking Machine Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $21.1M
TOP IMPORT POTENTIALItaly+ $20.1M

Metalworking Machine Parts’s highest export potential is Germany. With an export gap of $21.1M.   Metalworking Machine Parts’s highest import potential is Italy with an import gap of $20.1M.

See methodology.

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