2023
Exports
$919MWorld Rnk 24 / 223
Flag Rnk 53 / 1211
2023
PRODUCT COMPLEXITY IN Valves
1.34Rnk 71 / 1025
2023
Imports
$1.31BWorld Rnk 23 / 226
Flag Rnk 31 / 1213
2023
ECONOMIC COMPLEXITY of Austria
1.56Rnk 8 / 132

About

Exports In 2023, Austria exported $919M in Valves, making it the 24th largest exporter of Valves in the world. At the same year, Valves was the 53rd most exported product in Austria. The main destination of Valves exports from Austria are: Germany ($189M), Switzerland ($89.9M), China ($67M), Hungary ($55M), and Poland ($51.8M).

The fastest growing export markets for Valves of Austria between 2022 and 2023 were China ($10.5M), Hungary ($9.93M), and Japan ($8.07M).

Imports In 2023, Austria imported $1.31B in Valves, becoming the 23rd largest importer of Valves in the world. At the same year, Valves was the 31st most imported product in Austria. Austria imports Valves primarily from: Germany ($668M), Italy ($129M), Switzerland ($68.5M), China ($61.7M), and Poland ($58.2M).

The fastest growing import markets in Valves for Austria between 2022 and 2023 were Poland ($9.6M), United States ($7M), and Denmark ($6.79M).

COMPANIES In 2024, leading companies such as Robert Bosch (50) were at the forefront of shipping Valves from Austria to the United States.

Latest Trends

Dec 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 Valves. 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)$919M
IMPORTS (2023)$1.31B
NET TRADE (2023)-$395M

In 2023, Austria exported $919M in Valves. The main destinations of Austria exports on Valves were Germany ($189M), Switzerland ($89.9M), China ($67M), Hungary ($55M), and Poland ($51.8M).

In 2023, Austria imported $1.31B in Valves, mainly from Germany ($668M), Italy ($129M), Switzerland ($68.5M), China ($61.7M), and Poland ($58.2M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Valves EXPORT MARKETS FOR Austria WERE (2022 - 2023):
China$10.5M (18.6%)
Hungary$9.93M (22%)
Japan$8.07M (51.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Valves BY Austria WERE (2022 - 2023):
United States-$31.7M (-40.1%)
Switzerland-$15.9M (-15.1%)
Germany-$13.9M (-6.88%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Valves by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $105M
TOP IMPORT POTENTIALItaly+ $70.4M

Valves’s highest export potential is Germany. With an export gap of $105M.   Valves’s highest import potential is Italy with an import gap of $70.4M.

See methodology.

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