2022
Exports
$32.8MWorld Rnk 19 / 97
Flag Rnk 514 / 1211
2022
PRODUCT COMPLEXITY IN Precious Metal Compounds
1.09Rnk 139 / 1025
2022
Imports
$57.5MWorld Rnk 30 / 184
Flag Rnk 487 / 1212
2022
ECONOMIC COMPLEXITY of Austria
1.5Rnk 8 / 133

About

Exports In 2022, Austria exported $32.8M in Precious Metal Compounds, making it the 19th largest exporter of Precious Metal Compounds in the world. At the same year, Precious Metal Compounds was the 514th most exported product in Austria. The main destination of Precious Metal Compounds exports from Austria are: Thailand ($18.1M), Vietnam ($4.43M), Germany ($2.08M), India ($1.95M), and Iran ($1.56M).

The fastest growing export markets for Precious Metal Compounds of Austria between 2021 and 2022 were Vietnam ($939k), Germany ($654k), and India ($631k).

Imports In 2022, Austria imported $57.5M in Precious Metal Compounds, becoming the 30th largest importer of Precious Metal Compounds in the world. At the same year, Precious Metal Compounds was the 487th most imported product in Austria. Austria imports Precious Metal Compounds primarily from: Germany ($48.3M), Singapore ($2.07M), United Kingdom ($1.8M), Switzerland ($1.73M), and Italy ($1.27M).

The fastest growing import markets in Precious Metal Compounds for Austria between 2021 and 2022 were Singapore ($1.53M), France ($652k), and Thailand ($175k).

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 Precious Metal Compounds. 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)$32.8M
IMPORTS (2022)$57.5M
NET TRADE (2022)-$24.7M

In 2022, Austria exported $32.8M in Precious Metal Compounds. The main destinations of Austria exports on Precious Metal Compounds were Thailand ($18.1M), Vietnam ($4.43M), Germany ($2.08M), India ($1.95M), and Iran ($1.56M).

In 2022, Austria imported $57.5M in Precious Metal Compounds, mainly from Germany ($48.3M), Singapore ($2.07M), United Kingdom ($1.8M), Switzerland ($1.73M), and Italy ($1.27M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Precious Metal Compounds EXPORT MARKETS FOR Austria WERE (2021 - 2022):
Vietnam$939k (26.8%)
Germany$654k (46%)
India$631k (47.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Metal Compounds BY Austria WERE (2021 - 2022):
Thailand-$13.1M (-42%)
United Kingdom-$2.38M (-97.3%)
Switzerland-$1.24M (-76.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Austria' main exporting competitors in Precious Metal Compounds were:
In 2022, Austria' main importing competitors in Precious Metal Compounds were:
India $1.47B
Czechia $1.07B

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Trade Value of Precious Metal Compounds by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $2.79M
TOP IMPORT POTENTIALGermany+ $5.24M

Precious Metal Compounds’s highest export potential is Germany. With an export gap of $2.79M.   Precious Metal Compounds’s highest import potential is Germany with an import gap of $5.24M.

See methodology.

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