2023
Exports
$573MWorld Rnk 15 / 207
Flag Rnk 90 / 1211
2023
PRODUCT COMPLEXITY IN Scrap Iron
-0.57Rnk 726 / 1025
2023
Imports
$494MWorld Rnk 20 / 177
Flag Rnk 101 / 1213
2023
ECONOMIC COMPLEXITY of Austria
1.56Rnk 8 / 132

About

Exports In 2023, Austria exported $573M in Scrap Iron, making it the 15th largest exporter of Scrap Iron in the world. At the same year, Scrap Iron was the 90th most exported product in Austria. The main destination of Scrap Iron exports from Austria are: Italy ($310M), Germany ($121M), Slovenia ($48.7M), Spain ($27.6M), and Switzerland ($18.4M).

The fastest growing export markets for Scrap Iron of Austria between 2022 and 2023 were Italy ($34.4M), Spain ($23.9M), and Belgium ($3.95M).

Imports In 2023, Austria imported $494M in Scrap Iron, becoming the 20th largest importer of Scrap Iron in the world. At the same year, Scrap Iron was the 101st most imported product in Austria. Austria imports Scrap Iron primarily from: Germany ($193M), Czechia ($115M), Slovakia ($46.6M), Hungary ($36.6M), and Italy ($23.5M).

The fastest growing import markets in Scrap Iron for Austria between 2022 and 2023 were Italy ($10.7M), Poland ($4.91M), and Finland ($2.48M).

Latest Trends

Dec 2024

Subnational Monthly Trade

View
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 Scrap Iron. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$573M
IMPORTS (2023)$494M
NET TRADE (2023)$79.2M

In 2023, Austria exported $573M in Scrap Iron. The main destinations of Austria exports on Scrap Iron were Italy ($310M), Germany ($121M), Slovenia ($48.7M), Spain ($27.6M), and Switzerland ($18.4M).

In 2023, Austria imported $494M in Scrap Iron, mainly from Germany ($193M), Czechia ($115M), Slovakia ($46.6M), Hungary ($36.6M), and Italy ($23.5M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Scrap Iron EXPORT MARKETS FOR Austria WERE (2022 - 2023):
Italy$34.4M (12.5%)
Spain$23.9M (637%)
Belgium$3.95M (87.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Iron BY Austria WERE (2022 - 2023):
Germany-$70.5M (-36.9%)
Egypt-$14.5M (-100%)
Croatia-$13.7M (-52.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Austria' main exporting competitors in Scrap Iron were:
In 2023, Austria' main importing competitors in Scrap Iron were:
Turkey $7.59B
India $6.63B
Italy $2.59B

Explore Visualizations

Trade Value of Scrap Iron by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $27.2M
TOP IMPORT POTENTIALGermany+ $25.8M

Scrap Iron’s highest export potential is Germany. With an export gap of $27.2M.   Scrap Iron’s highest import potential is Germany with an import gap of $25.8M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with