2022
Exports
$200MWorld Rnk 20 / 208
Flag Rnk 68 / 96
2022
PRODUCT COMPLEXITY IN Clocks, watches, & parts
1.76Rnk 17 / 1025
2022
Imports
$419MWorld Rnk 26 / 224
Flag Rnk 60 / 96
2022
ECONOMIC COMPLEXITY of Austria
1.5Rnk 8 / 133

About

Exports In 2022, Austria exported $200M in Clocks, watches, & parts, making it the 20th largest exporter of Clocks, watches, & parts in the world. At the same year, Clocks, watches, & parts was the 68th most exported product in Austria. The main destination of Clocks, watches, & parts exports from Austria are: Germany ($40.2M), Switzerland ($35.2M), Hong Kong ($13.6M), United States ($11.8M), and Romania ($9.46M).

The fastest growing export markets for Clocks, watches, & parts of Austria between 2021 and 2022 were Germany ($11.5M), United Kingdom ($4.77M), and Switzerland ($4.27M).

Imports In 2022, Austria imported $419M in Clocks, watches, & parts, becoming the 26th largest importer of Clocks, watches, & parts in the world. At the same year, Clocks, watches, & parts was the 60th most imported product in Austria. Austria imports Clocks, watches, & parts primarily from: Switzerland ($195M), Germany ($89.2M), France ($50.3M), China ($13.2M), and Ireland ($12.6M).

The fastest growing import markets in Clocks, watches, & parts for Austria between 2021 and 2022 were France ($22.9M), Germany ($18.9M), and Ireland ($12.5M).

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 Clocks, watches, & parts. 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)$200M
IMPORTS (2022)$419M
NET TRADE (2022)-$219M

In 2022, Austria exported $200M in Clocks, watches, & parts. The main destinations of Austria exports on Clocks, watches, & parts were Germany ($40.2M), Switzerland ($35.2M), Hong Kong ($13.6M), United States ($11.8M), and Romania ($9.46M).

In 2022, Austria imported $419M in Clocks, watches, & parts, mainly from Switzerland ($195M), Germany ($89.2M), France ($50.3M), China ($13.2M), and Ireland ($12.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Clocks, watches, & parts EXPORT MARKETS FOR Austria WERE (2021 - 2022):
Germany$11.5M (40.1%)
United Kingdom$4.77M (203%)
Switzerland$4.27M (13.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Clocks, watches, & parts BY Austria WERE (2021 - 2022):
Italy-$11.7M (-71.7%)
Hong Kong-$5.32M (-28.1%)
Russia-$2.94M (-71.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Austria' main exporting competitors in Clocks, watches, & parts were:
In 2022, Austria' main importing competitors in Clocks, watches, & parts were:

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Trade Value of Clocks, watches, & parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $17.5M
TOP IMPORT POTENTIALSwitzerland+ $47.4M

Clocks, watches, & parts’s highest export potential is Germany. With an export gap of $17.5M.   Clocks, watches, & parts’s highest import potential is Switzerland with an import gap of $47.4M.

See methodology.

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