2022
Exports
$22.4BWorld Rnk 24 / 226
Flag Rnk 2 / 96
2022
PRODUCT COMPLEXITY IN Electrical machinery and electronics
1.96Rnk 7 / 1025
2022
Imports
$25.3BWorld Rnk 29 / 226
Flag Rnk 2 / 96
2022
ECONOMIC COMPLEXITY of Austria
1.5Rnk 8 / 133

About

Exports In 2022, Austria exported $22.4B in Electrical machinery and electronics, making it the 24th largest exporter of Electrical machinery and electronics in the world. At the same year, Electrical machinery and electronics was the 2nd most exported product in Austria. The main destination of Electrical machinery and electronics exports from Austria are: Germany ($5.45B), Slovakia ($3.45B), United States ($1.24B), Italy ($838M), and Czechia ($824M).

The fastest growing export markets for Electrical machinery and electronics of Austria between 2021 and 2022 were Slovakia ($3.04B), Germany ($378M), and United States ($229M).

Imports In 2022, Austria imported $25.3B in Electrical machinery and electronics, becoming the 29th largest importer of Electrical machinery and electronics in the world. At the same year, Electrical machinery and electronics was the 2nd most imported product in Austria. Austria imports Electrical machinery and electronics primarily from: Germany ($8.16B), China ($2.53B), Vietnam ($2.15B), Czechia ($1.51B), and Netherlands ($1.14B).

The fastest growing import markets in Electrical machinery and electronics for Austria between 2021 and 2022 were Germany ($773M), India ($550M), and Netherlands ($465M).

COMPANIES In 2023, leading companies such as Stihl (48), Lineage Cold Storage (19), and Siemens (2) were at the forefront of shipping Electrical machinery and electronics from Austria to the United States.

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 Electrical machinery and electronics. 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)$22.4B
IMPORTS (2022)$25.3B
NET TRADE (2022)-$2.89B

In 2022, Austria exported $22.4B in Electrical machinery and electronics. The main destinations of Austria exports on Electrical machinery and electronics were Germany ($5.45B), Slovakia ($3.45B), United States ($1.24B), Italy ($838M), and Czechia ($824M).

In 2022, Austria imported $25.3B in Electrical machinery and electronics, mainly from Germany ($8.16B), China ($2.53B), Vietnam ($2.15B), Czechia ($1.51B), and Netherlands ($1.14B).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical machinery and electronics EXPORT MARKETS FOR Austria WERE (2021 - 2022):
Slovakia$3.04B (741%)
Germany$378M (7.45%)
United States$229M (22.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical machinery and electronics BY Austria WERE (2021 - 2022):
Russia-$47.9M (-33%)
Czechia-$47.6M (-5.46%)
Croatia-$21.9M (-9.57%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Austria' main exporting competitors in Electrical machinery and electronics were:
In 2022, Austria' main importing competitors in Electrical machinery and electronics were:

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Trade Value of Electrical machinery and electronics by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.93B
TOP IMPORT POTENTIALChina+ $1.67B

Electrical machinery and electronics’s highest export potential is Germany. With an export gap of $1.93B.   Electrical machinery and electronics’s highest import potential is China with an import gap of $1.67B.

See methodology.

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