2023
Exports
$189MWorld Rnk 18 / 168
Flag Rnk 207 / 1211
2023
PRODUCT COMPLEXITY IN Unpackaged Medicaments
0.55Rnk 344 / 1025
2023
Imports
$205MWorld Rnk 17 / 220
Flag Rnk 218 / 1213
2023
ECONOMIC COMPLEXITY of Austria
1.56Rnk 8 / 132

About

Exports In 2023, Austria exported $189M in Unpackaged Medicaments, making it the 18th largest exporter of Unpackaged Medicaments in the world. At the same year, Unpackaged Medicaments was the 207th most exported product in Austria. The main destination of Unpackaged Medicaments exports from Austria are: Italy ($120M), Japan ($8.27M), Norway ($7.69M), Iran ($7.62M), and Russia ($4.18M).

The fastest growing export markets for Unpackaged Medicaments of Austria between 2022 and 2023 were Italy ($88.5M), Norway ($7.69M), and Iran ($4.37M).

Imports In 2023, Austria imported $205M in Unpackaged Medicaments, becoming the 17th largest importer of Unpackaged Medicaments in the world. At the same year, Unpackaged Medicaments was the 218th most imported product in Austria. Austria imports Unpackaged Medicaments primarily from: Italy ($37.8M), Spain ($31.7M), Switzerland ($24.9M), China ($24.7M), and Germany ($22.9M).

The fastest growing import markets in Unpackaged Medicaments for Austria between 2022 and 2023 were Italy ($15.2M), Germany ($7.56M), and Denmark ($7.22M).

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 Unpackaged Medicaments. 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)$189M
IMPORTS (2023)$205M
NET TRADE (2023)-$15.9M

In 2023, Austria exported $189M in Unpackaged Medicaments. The main destinations of Austria exports on Unpackaged Medicaments were Italy ($120M), Japan ($8.27M), Norway ($7.69M), Iran ($7.62M), and Russia ($4.18M).

In 2023, Austria imported $205M in Unpackaged Medicaments, mainly from Italy ($37.8M), Spain ($31.7M), Switzerland ($24.9M), China ($24.7M), and Germany ($22.9M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Unpackaged Medicaments EXPORT MARKETS FOR Austria WERE (2022 - 2023):
Italy$88.5M (281%)
Norway$7.69M (1%)
Iran$4.37M (134%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Unpackaged Medicaments BY Austria WERE (2022 - 2023):
United States-$21.6M (-92.3%)
Germany-$17.2M (-93.2%)
Ireland-$7.49M (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Austria' main exporting competitors in Unpackaged Medicaments were:
In 2023, Austria' main importing competitors in Unpackaged Medicaments were:

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Trade Value of Unpackaged Medicaments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $11.3M
TOP IMPORT POTENTIALGermany+ $5.57M

Unpackaged Medicaments’s highest export potential is Germany. With an export gap of $11.3M.   Unpackaged Medicaments’s highest import potential is Germany with an import gap of $5.57M.

See methodology.

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