2023
Exports
$20.5MWorld Rnk 15 / 123
Flag Rnk 571 / 1211
2023
PRODUCT COMPLEXITY IN Textile Fiber Machinery
1.55Rnk 36 / 1025
2023
Imports
$7.44MWorld Rnk 44 / 183
Flag Rnk 881 / 1213
2023
ECONOMIC COMPLEXITY of Austria
1.56Rnk 8 / 132

About

Exports In 2023, Austria exported $20.5M in Textile Fiber Machinery, making it the 15th largest exporter of Textile Fiber Machinery in the world. At the same year, Textile Fiber Machinery was the 571st most exported product in Austria. The main destination of Textile Fiber Machinery exports from Austria are: Turkey ($12.6M), Russia ($2.49M), Peru ($732k), Ecuador ($651k), and Malaysia ($644k).

The fastest growing export markets for Textile Fiber Machinery of Austria between 2022 and 2023 were Turkey ($12.6M), Russia ($2.49M), and Peru ($704k).

Imports In 2023, Austria imported $7.44M in Textile Fiber Machinery, becoming the 44th largest importer of Textile Fiber Machinery in the world. At the same year, Textile Fiber Machinery was the 881st most imported product in Austria. Austria imports Textile Fiber Machinery primarily from: Germany ($5.85M), Italy ($1.17M), India ($131k), United Kingdom ($72.6k), and New Zealand ($59.7k).

The fastest growing import markets in Textile Fiber Machinery for Austria between 2022 and 2023 were Germany ($3.13M), India ($129k), and United Kingdom ($29.6k).

Latest Trends

Jan 2025

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 Textile Fiber Machinery. 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 (2023)$20.5M
IMPORTS (2023)$7.44M
NET TRADE (2023)$13.1M

In 2023, Austria exported $20.5M in Textile Fiber Machinery. The main destinations of Austria exports on Textile Fiber Machinery were Turkey ($12.6M), Russia ($2.49M), Peru ($732k), Ecuador ($651k), and Malaysia ($644k).

In 2023, Austria imported $7.44M in Textile Fiber Machinery, mainly from Germany ($5.85M), Italy ($1.17M), India ($131k), United Kingdom ($72.6k), and New Zealand ($59.7k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Textile Fiber Machinery EXPORT MARKETS FOR Austria WERE (2022 - 2023):
Turkey$12.6M (34.6k%)
Russia$2.49M (1%)
Peru$704k (2.56k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Textile Fiber Machinery BY Austria WERE (2022 - 2023):
Romania-$612k (-66.3%)
South Africa-$558k (-100%)
Armenia-$308k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Austria' main exporting competitors in Textile Fiber Machinery were:
In 2023, Austria' main importing competitors in Textile Fiber Machinery were:
China $627M
India $514M

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Trade Value of Textile Fiber Machinery by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $213k
TOP IMPORT POTENTIALGermany+ $1.7M

Textile Fiber Machinery’s highest export potential is Germany. With an export gap of $213k.   Textile Fiber Machinery’s highest import potential is Germany with an import gap of $1.7M.

See methodology.

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