2023
Exports
$1.01BWorld Rnk 16 / 226
Flag Rnk 31 / 96
2023
PRODUCT COMPLEXITY IN Tools & cutlery
1.82Rnk 14 / 1025
2023
Imports
$1.14BWorld Rnk 16 / 226
Flag Rnk 35 / 96
2023
ECONOMIC COMPLEXITY of Austria
1.56Rnk 8 / 132

About

Exports In 2023, Austria exported $1.01B in Tools & cutlery, making it the 16th largest exporter of Tools & cutlery in the world. At the same year, Tools & cutlery was the 31st most exported product in Austria. The main destination of Tools & cutlery exports from Austria are: Germany ($299M), United States ($108M), Italy ($66M), France ($57.5M), and Poland ($41M).

The fastest growing export markets for Tools & cutlery of Austria between 2022 and 2023 were Spain ($8.6M), India ($4.88M), and United States ($4.13M).

Imports In 2023, Austria imported $1.14B in Tools & cutlery, becoming the 16th largest importer of Tools & cutlery in the world. At the same year, Tools & cutlery was the 35th most imported product in Austria. Austria imports Tools & cutlery primarily from: Germany ($511M), China ($161M), Switzerland ($81.5M), Italy ($69M), and Poland ($34.2M).

The fastest growing import markets in Tools & cutlery for Austria between 2022 and 2023 were Italy ($6.66M), Czechia ($3.53M), and Switzerland ($3.01M).

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 Tools & cutlery. 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)$1.01B
IMPORTS (2023)$1.14B
NET TRADE (2023)-$125M

In 2023, Austria exported $1.01B in Tools & cutlery. The main destinations of Austria exports on Tools & cutlery were Germany ($299M), United States ($108M), Italy ($66M), France ($57.5M), and Poland ($41M).

In 2023, Austria imported $1.14B in Tools & cutlery, mainly from Germany ($511M), China ($161M), Switzerland ($81.5M), Italy ($69M), and Poland ($34.2M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Tools & cutlery EXPORT MARKETS FOR Austria WERE (2022 - 2023):
Spain$8.6M (54.5%)
India$4.88M (107%)
United States$4.13M (3.99%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tools & cutlery BY Austria WERE (2022 - 2023):
Germany-$21.9M (-6.83%)
Sweden-$5.44M (-27.3%)
Greece-$5.38M (-55.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Austria' main exporting competitors in Tools & cutlery were:
In 2023, Austria' main importing competitors in Tools & cutlery were:

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Trade Value of Tools & cutlery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $51.4M
TOP IMPORT POTENTIALChina+ $47.5M

Tools & cutlery’s highest export potential is Germany. With an export gap of $51.4M.   Tools & cutlery’s highest import potential is China with an import gap of $47.5M.

See methodology.

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