2022
Exports
$426MWorld Rnk 13 / 199
Flag Rnk 117 / 1211
2022
PRODUCT COMPLEXITY IN Special Pharmaceuticals
0.61Rnk 321 / 1025
2022
Imports
$298MWorld Rnk 14 / 220
Flag Rnk 165 / 1212
2022
ECONOMIC COMPLEXITY of Austria
1.5Rnk 8 / 133

About

Exports In 2022, Austria exported $426M in Special Pharmaceuticals, making it the 13th largest exporter of Special Pharmaceuticals in the world. At the same year, Special Pharmaceuticals was the 117th most exported product in Austria. The main destination of Special Pharmaceuticals exports from Austria are: Germany ($115M), Belgium ($76.5M), United States ($43.3M), Chinese Taipei ($28.6M), and Italy ($20.6M).

The fastest growing export markets for Special Pharmaceuticals of Austria between 2021 and 2022 were Chinese Taipei ($19.9M), Belgium ($9.71M), and Mexico ($3.66M).

Imports In 2022, Austria imported $298M in Special Pharmaceuticals, becoming the 14th largest importer of Special Pharmaceuticals in the world. At the same year, Special Pharmaceuticals was the 165th most imported product in Austria. Austria imports Special Pharmaceuticals primarily from: Germany ($241M), Belgium ($20.7M), Netherlands ($9.07M), Ireland ($4.33M), and Hungary ($4.04M).

The fastest growing import markets in Special Pharmaceuticals for Austria between 2021 and 2022 were Germany ($192M), Belgium ($4.06M), and United Kingdom ($657k).

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 Special Pharmaceuticals. 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)$426M
IMPORTS (2022)$298M
NET TRADE (2022)$128M

In 2022, Austria exported $426M in Special Pharmaceuticals. The main destinations of Austria exports on Special Pharmaceuticals were Germany ($115M), Belgium ($76.5M), United States ($43.3M), Chinese Taipei ($28.6M), and Italy ($20.6M).

In 2022, Austria imported $298M in Special Pharmaceuticals, mainly from Germany ($241M), Belgium ($20.7M), Netherlands ($9.07M), Ireland ($4.33M), and Hungary ($4.04M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Special Pharmaceuticals EXPORT MARKETS FOR Austria WERE (2021 - 2022):
Chinese Taipei$19.9M (227%)
Belgium$9.71M (14.5%)
Mexico$3.66M (149%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Special Pharmaceuticals BY Austria WERE (2021 - 2022):
Germany-$20.8M (-15.3%)
Japan-$12.5M (-79.5%)
Ireland-$10.6M (-85.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Special Pharmaceuticals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $22.3M
TOP IMPORT POTENTIALHungary+ $7.94M

Special Pharmaceuticals’s highest export potential is Germany. With an export gap of $22.3M.   Special Pharmaceuticals’s highest import potential is Hungary with an import gap of $7.94M.

See methodology.

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