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2022
Exports $1.11BWorld Rnk 16 / 226
Flag Rnk 32 / 96
2022
Destination $16.1M Germany
2021 - 2022
FASTEST GROWING MARKET $16.1MFrance
2022
PRODUCT COMPLEXITY IN Tools & cutlery1.7Rnk 24 / 1025
2022
Imports $1.15BWorld Rnk 18 / 225
Flag Rnk 30 / 96
2022
Origin $10.1M Germany
2021 - 2022
FASTEST GROWING ORIGIN $10.1MSwitzerland
2022
ECONOMIC COMPLEXITY of Austria1.5Rnk 8 / 133

About

Exports In 2022, Austria exported $1.11B in Tools & cutlery, making it the 16th largest exporter of Tools & cutlery in the world. At the same year, Tools & cutlery was the 32nd most exported product in Austria. The main destination of Tools & cutlery exports from Austria are: Germany ($368M), United States ($95.5M), Italy ($68M), Poland ($58.6M), and France ($55.2M).

The fastest growing export markets for Tools & cutlery of Austria between 2021 and 2022 were France ($16.1M), Germany ($9.14M), and Sweden ($5.81M).

Imports In 2022, Austria imported $1.15B in Tools & cutlery, becoming the 18th largest importer of Tools & cutlery in the world. At the same year, Tools & cutlery was the 30th most imported product in Austria. Austria imports Tools & cutlery primarily from: Germany ($614M), China ($110M), Switzerland ($90.3M), Italy ($68.5M), and Poland ($33.4M).

The fastest growing import markets in Tools & cutlery for Austria between 2021 and 2022 were Switzerland ($10.1M), Romania ($2.71M), and Turkey ($2.62M).

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 Tools & cutlery. 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)$1.11B
IMPORTS (2022)$1.15B
NET TRADE (2022)-$41.9M

In 2022, Austria exported $1.11B in Tools & cutlery. The main destinations of Austria exports on Tools & cutlery were Germany ($368M), United States ($95.5M), Italy ($68M), Poland ($58.6M), and France ($55.2M).

In 2022, Austria imported $1.15B in Tools & cutlery, mainly from Germany ($614M), China ($110M), Switzerland ($90.3M), Italy ($68.5M), and Poland ($33.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tools & cutlery EXPORT MARKETS FOR Austria WERE (2021 - 2022):
France$16.1M (41.1%)
Germany$9.14M (2.55%)
Sweden$5.81M (40.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tools & cutlery BY Austria WERE (2021 - 2022):
China-$8.68M (-43.2%)
Switzerland-$3.68M (-8.88%)
Russia-$3.62M (-38.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Austria' main exporting competitors in Tools & cutlery were:
China $23.6B
Germany $9.45B
United States $4.88B
In 2022, Austria' main importing competitors in Tools & cutlery were:
United States $12.5B
Germany $6.36B
Netherlands $3.05B

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Trade Value of Tools & cutlery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $51.4M
TOP IMPORT POTENTIALChina+ $47.5M

Tools & cutlery’s highest export potential is Germany. With an export gap of $51.4M.   Tools & cutlery’s highest import potential is China with an import gap of $47.5M.

See methodology.

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