2023
Exports
$464kWorld Rnk 53 / 104
Flag Rnk 1081 / 1211
2023
PRODUCT COMPLEXITY IN Wool
-2.02Rnk 1001 / 1025
2023
Imports
$3.36MWorld Rnk 29 / 132
Flag Rnk 994 / 1213
2023
ECONOMIC COMPLEXITY of Austria
1.56Rnk 8 / 132

About

Exports In 2023, Austria exported $464k in Wool, making it the 53rd largest exporter of Wool in the world. At the same year, Wool was the 1081st most exported product in Austria. The main destination of Wool exports from Austria are: Italy ($176k), Germany ($143k), Belgium ($74.7k), Switzerland ($39.4k), and Czechia ($11.5k).

The fastest growing export markets for Wool of Austria between 2022 and 2023 were Italy ($151k), Czechia ($11.2k), and Hungary ($6.64k).

Imports In 2023, Austria imported $3.36M in Wool, becoming the 29th largest importer of Wool in the world. At the same year, Wool was the 994th most imported product in Austria. Austria imports Wool primarily from: Germany ($1.44M), Belgium ($1.4M), Italy ($123k), New Zealand ($112k), and United Kingdom ($90.5k).

The fastest growing import markets in Wool for Austria between 2022 and 2023 were New Zealand ($99.6k), Italy ($78.7k), and Netherlands ($50.1k).

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 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 (2023)$464k
IMPORTS (2023)$3.36M
NET TRADE (2023)-$2.9M

In 2023, Austria exported $464k in Wool. The main destinations of Austria exports on Wool were Italy ($176k), Germany ($143k), Belgium ($74.7k), Switzerland ($39.4k), and Czechia ($11.5k).

In 2023, Austria imported $3.36M in Wool, mainly from Germany ($1.44M), Belgium ($1.4M), Italy ($123k), New Zealand ($112k), and United Kingdom ($90.5k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Wool EXPORT MARKETS FOR Austria WERE (2022 - 2023):
Italy$151k (599%)
Czechia$11.2k (3.64k%)
Hungary$6.64k (1.57k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wool BY Austria WERE (2022 - 2023):
Belgium-$226k (-75.2%)
Germany-$12.8k (-8.24%)
Switzerland-$12.7k (-24.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Austria' main exporting competitors in Wool were:
In 2023, Austria' main importing competitors in Wool were:
China $2.02B
India $255M
Italy $209M

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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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