2023
Exports
$10.7MWorld Rnk 23 / 196
Flag Rnk 695 / 1211
2023
PRODUCT COMPLEXITY IN Wrenches
1.5Rnk 44 / 1025
2023
Imports
$48.5MWorld Rnk 18 / 221
Flag Rnk 525 / 1213
2023
ECONOMIC COMPLEXITY of Austria
1.56Rnk 8 / 132

About

Exports In 2023, Austria exported $10.7M in Wrenches, making it the 23rd largest exporter of Wrenches in the world. At the same year, Wrenches was the 695th most exported product in Austria. The main destination of Wrenches exports from Austria are: Germany ($1.22M), Hungary ($1.13M), Romania ($882k), Italy ($733k), and France ($593k).

The fastest growing export markets for Wrenches of Austria between 2022 and 2023 were Finland ($335k), France ($293k), and Romania ($262k).

Imports In 2023, Austria imported $48.5M in Wrenches, becoming the 18th largest importer of Wrenches in the world. At the same year, Wrenches was the 525th most imported product in Austria. Austria imports Wrenches primarily from: Germany ($21M), China ($8.82M), Chinese Taipei ($6.86M), Poland ($2.01M), and India ($1.7M).

The fastest growing import markets in Wrenches for Austria between 2022 and 2023 were Switzerland ($403k), Netherlands ($367k), and Czechia ($308k).

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 Wrenches. 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)$10.7M
IMPORTS (2023)$48.5M
NET TRADE (2023)-$37.8M

In 2023, Austria exported $10.7M in Wrenches. The main destinations of Austria exports on Wrenches were Germany ($1.22M), Hungary ($1.13M), Romania ($882k), Italy ($733k), and France ($593k).

In 2023, Austria imported $48.5M in Wrenches, mainly from Germany ($21M), China ($8.82M), Chinese Taipei ($6.86M), Poland ($2.01M), and India ($1.7M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Wrenches EXPORT MARKETS FOR Austria WERE (2022 - 2023):
Finland$335k (343%)
France$293k (97.4%)
Romania$262k (42.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wrenches BY Austria WERE (2022 - 2023):
Hungary-$592k (-34.4%)
Italy-$489k (-40%)
Bulgaria-$232k (-36.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Wrenches by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.46M
TOP IMPORT POTENTIALChina+ $2.55M

Wrenches’s highest export potential is Germany. With an export gap of $1.46M.   Wrenches’s highest import potential is China with an import gap of $2.55M.

See methodology.

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