2022
Exports
$15.3MWorld Rnk 48 / 188
Flag Rnk 89 / 96
2022
PRODUCT COMPLEXITY IN Natural gums, resins & other vegetable extracts
-0.98Rnk 834 / 1025
2022
Imports
$90.3MWorld Rnk 27 / 212
Flag Rnk 82 / 96
2022
ECONOMIC COMPLEXITY of Austria
1.5Rnk 8 / 133

About

Exports In 2022, Austria exported $15.3M in Natural gums, resins & other vegetable extracts, making it the 48th largest exporter of Natural gums, resins & other vegetable extracts in the world. At the same year, Natural gums, resins & other vegetable extracts was the 89th most exported product in Austria. The main destination of Natural gums, resins & other vegetable extracts exports from Austria are: Germany ($4.29M), Netherlands ($1.86M), Iran ($774k), Slovakia ($650k), and Czechia ($571k).

The fastest growing export markets for Natural gums, resins & other vegetable extracts of Austria between 2021 and 2022 were Netherlands ($1.02M), Slovakia ($353k), and Philippines ($244k).

Imports In 2022, Austria imported $90.3M in Natural gums, resins & other vegetable extracts, becoming the 27th largest importer of Natural gums, resins & other vegetable extracts in the world. At the same year, Natural gums, resins & other vegetable extracts was the 82nd most imported product in Austria. Austria imports Natural gums, resins & other vegetable extracts primarily from: Germany ($39.2M), Italy ($8.94M), Switzerland ($8.41M), France ($7.13M), and Netherlands ($6.03M).

The fastest growing import markets in Natural gums, resins & other vegetable extracts for Austria between 2021 and 2022 were Italy ($4.95M), Belgium ($3.3M), and France ($2.93M).

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 Natural gums, resins & other vegetable extracts. 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)$15.3M
IMPORTS (2022)$90.3M
NET TRADE (2022)-$75M

In 2022, Austria exported $15.3M in Natural gums, resins & other vegetable extracts. The main destinations of Austria exports on Natural gums, resins & other vegetable extracts were Germany ($4.29M), Netherlands ($1.86M), Iran ($774k), Slovakia ($650k), and Czechia ($571k).

In 2022, Austria imported $90.3M in Natural gums, resins & other vegetable extracts, mainly from Germany ($39.2M), Italy ($8.94M), Switzerland ($8.41M), France ($7.13M), and Netherlands ($6.03M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Natural gums, resins & other vegetable extracts EXPORT MARKETS FOR Austria WERE (2021 - 2022):
Netherlands$1.02M (123%)
Slovakia$353k (118%)
Philippines$244k (93.9k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Natural gums, resins & other vegetable extracts BY Austria WERE (2021 - 2022):
Germany-$7.17M (-62.6%)
United Kingdom-$774k (-61.3%)
Switzerland-$510k (-59.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Austria' main exporting competitors in Natural gums, resins & other vegetable extracts were:
China $2.24B
India $1.18B
Spain $920M
In 2022, Austria' main importing competitors in Natural gums, resins & other vegetable extracts were:

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Trade Value of Natural gums, resins & other vegetable extracts by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALGermany+ $2.78M
TOP IMPORT POTENTIALItaly+ $3.75M

Natural gums, resins & other vegetable extracts’s highest export potential is Germany. With an export gap of $2.78M.   Natural gums, resins & other vegetable extracts’s highest import potential is Italy with an import gap of $3.75M.

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