2022
Exports
$217kWorld Rnk 61 / 109
Flag Rnk 1126 / 1211
2022
PRODUCT COMPLEXITY IN Wool
-2.11Rnk 1004 / 1025
2022
Imports
$5.04MWorld Rnk 29 / 137
Flag Rnk 947 / 1212
2022
ECONOMIC COMPLEXITY of Austria
1.5Rnk 8 / 133

About

Exports In 2022, Austria exported $217k in Wool, making it the 61st largest exporter of Wool in the world. At the same year, Wool was the 1126th most exported product in Austria. The main destination of Wool exports from Austria are: Belgium ($66.9k), Italy ($52.4k), Germany ($46.2k), Switzerland ($44.5k), and Netherlands ($2.59k).

The fastest growing export markets for Wool of Austria between 2021 and 2022 were Germany ($25k), Italy ($20k), and Slovenia ($1.8k).

Imports In 2022, Austria imported $5.04M in Wool, becoming the 29th largest importer of Wool in the world. At the same year, Wool was the 947th most imported product in Austria. Austria imports Wool primarily from: Belgium ($2.59M), Germany ($1.85M), United Kingdom ($396k), Turkey ($100k), and Italy ($39.9k).

The fastest growing import markets in Wool for Austria between 2021 and 2022 were United Kingdom ($121k), Italy ($37.7k), and United Arab Emirates ($24.7k).

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 Wool. 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)$217k
IMPORTS (2022)$5.04M
NET TRADE (2022)-$4.82M

In 2022, Austria exported $217k in Wool. The main destinations of Austria exports on Wool were Belgium ($66.9k), Italy ($52.4k), Germany ($46.2k), Switzerland ($44.5k), and Netherlands ($2.59k).

In 2022, Austria imported $5.04M in Wool, mainly from Belgium ($2.59M), Germany ($1.85M), United Kingdom ($396k), Turkey ($100k), and Italy ($39.9k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wool EXPORT MARKETS FOR Austria WERE (2021 - 2022):
Germany$25k (118%)
Italy$20k (61.9%)
Slovenia$1.8k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wool BY Austria WERE (2021 - 2022):
Belgium-$118k (-63.9%)
Estonia-$15.7k (-100%)
Switzerland-$14.6k (-24.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Austria' main exporting competitors in Wool were:
In 2022, Austria' main importing competitors in Wool were:
China $2.16B
Italy $223M
India $205M

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Trade Value of Wool by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $75.6k
TOP IMPORT POTENTIALUnited Kingdom+ $73.9k

Wool’s highest export potential is Germany. With an export gap of $75.6k.   Wool’s highest import potential is United Kingdom with an import gap of $73.9k.

See methodology.

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