2022
Exports
$48.6MWorld Rnk 5 / 174
Flag Rnk 434 / 1211
2022
PRODUCT COMPLEXITY IN Umbrellas
-0.043Rnk 560 / 1025
2022
Imports
$47.5MWorld Rnk 21 / 218
Flag Rnk 534 / 1212
2022
ECONOMIC COMPLEXITY of Austria
1.5Rnk 8 / 133

About

Exports In 2022, Austria exported $48.6M in Umbrellas, making it the 5th largest exporter of Umbrellas in the world. At the same year, Umbrellas was the 434th most exported product in Austria. The main destination of Umbrellas exports from Austria are: Germany ($25.7M), Czechia ($3.88M), Italy ($3.55M), Netherlands ($3.18M), and Poland ($1.25M).

The fastest growing export markets for Umbrellas of Austria between 2021 and 2022 were Netherlands ($2.71M), Italy ($2.22M), and Hungary ($457k).

Imports In 2022, Austria imported $47.5M in Umbrellas, becoming the 21st largest importer of Umbrellas in the world. At the same year, Umbrellas was the 534th most imported product in Austria. Austria imports Umbrellas primarily from: China ($23.8M), Germany ($12.7M), Slovakia ($2.66M), Poland ($2.2M), and Croatia ($2.03M).

The fastest growing import markets in Umbrellas for Austria between 2021 and 2022 were Poland ($1.32M), Spain ($245k), and Netherlands ($191k).

Latest Trends

Jul 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 Umbrellas. 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)$48.6M
IMPORTS (2022)$47.5M
NET TRADE (2022)$1.15M

In 2022, Austria exported $48.6M in Umbrellas. The main destinations of Austria exports on Umbrellas were Germany ($25.7M), Czechia ($3.88M), Italy ($3.55M), Netherlands ($3.18M), and Poland ($1.25M).

In 2022, Austria imported $47.5M in Umbrellas, mainly from China ($23.8M), Germany ($12.7M), Slovakia ($2.66M), Poland ($2.2M), and Croatia ($2.03M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Umbrellas EXPORT MARKETS FOR Austria WERE (2021 - 2022):
Netherlands$2.71M (577%)
Italy$2.22M (167%)
Hungary$457k (70.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Umbrellas BY Austria WERE (2021 - 2022):
Germany-$7.67M (-23%)
Poland-$776k (-38.2%)
Czechia-$433k (-10%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Umbrellas by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $1.34M
TOP IMPORT POTENTIALItaly+ $412k

Umbrellas’s highest export potential is Italy. With an export gap of $1.34M.   Umbrellas’s highest import potential is Italy with an import gap of $412k.

See methodology.

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