2022
Exports
$655MWorld Rnk 15 / 212
Flag Rnk 84 / 1211
2022
PRODUCT COMPLEXITY IN Scrap Iron
-0.59Rnk 720 / 1025
2022
Imports
$561MWorld Rnk 20 / 187
Flag Rnk 85 / 1212
2022
ECONOMIC COMPLEXITY of Austria
1.5Rnk 8 / 133

About

Exports In 2022, Austria exported $655M in Scrap Iron, making it the 15th largest exporter of Scrap Iron in the world. At the same year, Scrap Iron was the 84th most exported product in Austria. The main destination of Scrap Iron exports from Austria are: Italy ($276M), Germany ($219M), Slovenia ($54.4M), Switzerland ($31.1M), and Croatia ($27.9M).

The fastest growing export markets for Scrap Iron of Austria between 2021 and 2022 were Germany ($50.1M), Croatia ($17.3M), and Egypt ($12.6M).

Imports In 2022, Austria imported $561M in Scrap Iron, becoming the 20th largest importer of Scrap Iron in the world. At the same year, Scrap Iron was the 85th most imported product in Austria. Austria imports Scrap Iron primarily from: Germany ($184M), Czechia ($138M), Slovakia ($81.7M), Hungary ($51.1M), and Switzerland ($24M).

The fastest growing import markets in Scrap Iron for Austria between 2021 and 2022 were Belgium ($3.66M), Hungary ($2.54M), and Switzerland ($2.4M).

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 Scrap Iron. 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)$655M
IMPORTS (2022)$561M
NET TRADE (2022)$95M

In 2022, Austria exported $655M in Scrap Iron. The main destinations of Austria exports on Scrap Iron were Italy ($276M), Germany ($219M), Slovenia ($54.4M), Switzerland ($31.1M), and Croatia ($27.9M).

In 2022, Austria imported $561M in Scrap Iron, mainly from Germany ($184M), Czechia ($138M), Slovakia ($81.7M), Hungary ($51.1M), and Switzerland ($24M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scrap Iron EXPORT MARKETS FOR Austria WERE (2021 - 2022):
Germany$50.1M (29.6%)
Croatia$17.3M (162%)
Egypt$12.6M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Iron BY Austria WERE (2021 - 2022):
Italy-$84.3M (-23.4%)
Switzerland-$16.6M (-34.8%)
Vietnam-$10.3M (-99.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Austria' main exporting competitors in Scrap Iron were:
In 2022, Austria' main importing competitors in Scrap Iron were:
Turkey $8.77B
India $5.65B
Belgium $2.84B

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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.

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