2022
Exports
$17.4MWorld Rnk 27 / 157
Flag Rnk 632 / 1211
2022
PRODUCT COMPLEXITY IN Silicone
1.72Rnk 20 / 1025
2022
Imports
$117MWorld Rnk 24 / 215
Flag Rnk 334 / 1212
2022
ECONOMIC COMPLEXITY of Austria
1.5Rnk 8 / 133

About

Exports In 2022, Austria exported $17.4M in Silicone, making it the 27th largest exporter of Silicone in the world. At the same year, Silicone was the 632nd most exported product in Austria. The main destination of Silicone exports from Austria are: Germany ($4.32M), United States ($1.84M), Hungary ($1.73M), Czechia ($955k), and Netherlands ($899k).

The fastest growing export markets for Silicone of Austria between 2021 and 2022 were United States ($1.67M), Netherlands ($373k), and Hungary ($304k).

Imports In 2022, Austria imported $117M in Silicone, becoming the 24th largest importer of Silicone in the world. At the same year, Silicone was the 334th most imported product in Austria. Austria imports Silicone primarily from: Germany ($92.9M), United States ($5.38M), France ($4.03M), Italy ($3.27M), and Netherlands ($3.22M).

The fastest growing import markets in Silicone for Austria between 2021 and 2022 were Germany ($8.26M), United States ($1.13M), and Canada ($465k).

Latest Trends

Nov 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 Silicone. 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)$17.4M
IMPORTS (2022)$117M
NET TRADE (2022)-$99.7M

In 2022, Austria exported $17.4M in Silicone. The main destinations of Austria exports on Silicone were Germany ($4.32M), United States ($1.84M), Hungary ($1.73M), Czechia ($955k), and Netherlands ($899k).

In 2022, Austria imported $117M in Silicone, mainly from Germany ($92.9M), United States ($5.38M), France ($4.03M), Italy ($3.27M), and Netherlands ($3.22M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Silicone EXPORT MARKETS FOR Austria WERE (2021 - 2022):
United States$1.67M (975%)
Netherlands$373k (70.9%)
Hungary$304k (21.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Silicone BY Austria WERE (2021 - 2022):
Slovenia-$99.1k (-14.7%)
Romania-$90.4k (-26.7%)
Slovakia-$62.9k (-15.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Silicone by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $2.85M
TOP IMPORT POTENTIALChina+ $3.89M

Silicone’s highest export potential is Germany. With an export gap of $2.85M.   Silicone’s highest import potential is China with an import gap of $3.89M.

See methodology.

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