2022
Exports
$225MWorld Rnk 23 / 162
Flag Rnk 196 / 1211
2022
PRODUCT COMPLEXITY IN Raw Iron Bars
-1.3Rnk 911 / 1025
2022
Imports
$377MWorld Rnk 19 / 217
Flag Rnk 131 / 1212
2022
ECONOMIC COMPLEXITY of Austria
1.5Rnk 8 / 133

About

Exports In 2022, Austria exported $225M in Raw Iron Bars, making it the 23rd largest exporter of Raw Iron Bars in the world. At the same year, Raw Iron Bars was the 196th most exported product in Austria. The main destination of Raw Iron Bars exports from Austria are: Germany ($88.2M), Hungary ($45.3M), Czechia ($34M), Slovenia ($19.7M), and Croatia ($12.7M).

The fastest growing export markets for Raw Iron Bars of Austria between 2021 and 2022 were Germany ($13.2M), Hungary ($13.1M), and Czechia ($5.73M).

Imports In 2022, Austria imported $377M in Raw Iron Bars, becoming the 19th largest importer of Raw Iron Bars in the world. At the same year, Raw Iron Bars was the 131st most imported product in Austria. Austria imports Raw Iron Bars primarily from: Germany ($168M), Italy ($90.7M), Hungary ($45M), Czechia ($22M), and Poland ($14.3M).

The fastest growing import markets in Raw Iron Bars for Austria between 2021 and 2022 were Hungary ($19.7M), Germany ($12.2M), and Czechia ($8.68M).

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 Raw Iron Bars. 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)$225M
IMPORTS (2022)$377M
NET TRADE (2022)-$152M

In 2022, Austria exported $225M in Raw Iron Bars. The main destinations of Austria exports on Raw Iron Bars were Germany ($88.2M), Hungary ($45.3M), Czechia ($34M), Slovenia ($19.7M), and Croatia ($12.7M).

In 2022, Austria imported $377M in Raw Iron Bars, mainly from Germany ($168M), Italy ($90.7M), Hungary ($45M), Czechia ($22M), and Poland ($14.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Raw Iron Bars EXPORT MARKETS FOR Austria WERE (2021 - 2022):
Germany$13.2M (17.5%)
Hungary$13.1M (40.7%)
Czechia$5.73M (20.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Iron Bars BY Austria WERE (2021 - 2022):
Slovenia-$2.3M (-10.5%)
Croatia-$1.04M (-7.52%)
France-$956k (-69%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Austria' main exporting competitors in Raw Iron Bars were:
Turkey $4.24B
Italy $1.71B
In 2022, Austria' main importing competitors in Raw Iron Bars were:

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Trade Value of Raw Iron Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $17.4M
TOP IMPORT POTENTIALItaly+ $6.8M

Raw Iron Bars’s highest export potential is Germany. With an export gap of $17.4M.   Raw Iron Bars’s highest import potential is Italy with an import gap of $6.8M.

See methodology.

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