2022
Exports
$44.7MWorld Rnk 16 / 158
Flag Rnk 447 / 1211
2022
PRODUCT COMPLEXITY IN Processed Cereals
-0.77Rnk 775 / 1025
2022
Imports
$23.2MWorld Rnk 25 / 218
Flag Rnk 678 / 1212
2022
ECONOMIC COMPLEXITY of Austria
1.5Rnk 8 / 133

About

Exports In 2022, Austria exported $44.7M in Processed Cereals, making it the 16th largest exporter of Processed Cereals in the world. At the same year, Processed Cereals was the 447th most exported product in Austria. The main destination of Processed Cereals exports from Austria are: Italy ($19.8M), Germany ($8.82M), Turkey ($7.02M), Hungary ($4.15M), and Cyprus ($896k).

The fastest growing export markets for Processed Cereals of Austria between 2021 and 2022 were Italy ($3.18M), Cyprus ($894k), and Hungary ($450k).

Imports In 2022, Austria imported $23.2M in Processed Cereals, becoming the 25th largest importer of Processed Cereals in the world. At the same year, Processed Cereals was the 678th most imported product in Austria. Austria imports Processed Cereals primarily from: Germany ($17.7M), Poland ($980k), Hungary ($888k), Latvia ($735k), and Czechia ($673k).

The fastest growing import markets in Processed Cereals for Austria between 2021 and 2022 were Poland ($638k), Italy ($189k), and Slovenia ($80.1k).

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 Processed Cereals. 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)$44.7M
IMPORTS (2022)$23.2M
NET TRADE (2022)$21.5M

In 2022, Austria exported $44.7M in Processed Cereals. The main destinations of Austria exports on Processed Cereals were Italy ($19.8M), Germany ($8.82M), Turkey ($7.02M), Hungary ($4.15M), and Cyprus ($896k).

In 2022, Austria imported $23.2M in Processed Cereals, mainly from Germany ($17.7M), Poland ($980k), Hungary ($888k), Latvia ($735k), and Czechia ($673k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Processed Cereals EXPORT MARKETS FOR Austria WERE (2021 - 2022):
Italy$3.18M (19.2%)
Cyprus$894k (49.8k%)
Hungary$450k (12.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Processed Cereals BY Austria WERE (2021 - 2022):
Turkey-$1.44M (-17%)
Germany-$361k (-3.93%)
Czechia-$247k (-26.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Austria' main exporting competitors in Processed Cereals were:
In 2022, Austria' main importing competitors in Processed Cereals were:

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Trade Value of Processed Cereals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $2.1M
TOP IMPORT POTENTIALHungary+ $628k

Processed Cereals’s highest export potential is Germany. With an export gap of $2.1M.   Processed Cereals’s highest import potential is Hungary with an import gap of $628k.

See methodology.

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