2022
Exports
$2.51BWorld Rnk 25 / 214
Flag Rnk 16 / 96
2022
PRODUCT COMPLEXITY IN Organic chemicals
1.95Rnk 8 / 1025
2022
Imports
$5.52BWorld Rnk 25 / 225
Flag Rnk 11 / 96
2022
ECONOMIC COMPLEXITY of Austria
1.5Rnk 8 / 133

About

Exports In 2022, Austria exported $2.51B in Organic chemicals, making it the 25th largest exporter of Organic chemicals in the world. At the same year, Organic chemicals was the 16th most exported product in Austria. The main destination of Organic chemicals exports from Austria are: France ($667M), Germany ($353M), Switzerland ($186M), Belgium ($164M), and Italy ($155M).

The fastest growing export markets for Organic chemicals of Austria between 2021 and 2022 were France ($367M), Belgium ($113M), and Germany ($109M).

Imports In 2022, Austria imported $5.52B in Organic chemicals, becoming the 25th largest importer of Organic chemicals in the world. At the same year, Organic chemicals was the 11th most imported product in Austria. Austria imports Organic chemicals primarily from: Switzerland ($2.4B), United States ($736M), Germany ($607M), Netherlands ($395M), and China ($373M).

The fastest growing import markets in Organic chemicals for Austria between 2021 and 2022 were United States ($278M), China ($207M), and South Korea ($41.9M).

COMPANIES In 2023, leading companies such as RHI Magnesita (2) were at the forefront of shipping Organic chemicals from Austria to the United States.

Latest Trends

Sep 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 Organic chemicals. 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)$2.51B
IMPORTS (2022)$5.52B
NET TRADE (2022)-$3B

In 2022, Austria exported $2.51B in Organic chemicals. The main destinations of Austria exports on Organic chemicals were France ($667M), Germany ($353M), Switzerland ($186M), Belgium ($164M), and Italy ($155M).

In 2022, Austria imported $5.52B in Organic chemicals, mainly from Switzerland ($2.4B), United States ($736M), Germany ($607M), Netherlands ($395M), and China ($373M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Organic chemicals EXPORT MARKETS FOR Austria WERE (2021 - 2022):
France$367M (122%)
Belgium$113M (222%)
Germany$109M (44.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Organic chemicals BY Austria WERE (2021 - 2022):
Sweden-$73.8M (-83.9%)
Japan-$37M (-54.7%)
United States-$35.2M (-30.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Austria' main exporting competitors in Organic chemicals were:
In 2022, Austria' main importing competitors in Organic chemicals were:

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Trade Value of Organic chemicals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $164M
TOP IMPORT POTENTIALGermany+ $181M

Organic chemicals’s highest export potential is Germany. With an export gap of $164M.   Organic chemicals’s highest import potential is Germany with an import gap of $181M.

See methodology.

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