2022
Exports
$2.68BWorld Rnk 34 / 160
Flag Rnk 9 / 1211
2022
PRODUCT COMPLEXITY IN Petroleum Gas
-1.98Rnk 1000 / 1025
2022
Imports
$428MWorld Rnk 64 / 222
Flag Rnk 116 / 1212
2022
ECONOMIC COMPLEXITY of Austria
1.5Rnk 8 / 133

About

Exports In 2022, Austria exported $2.68B in Petroleum Gas, making it the 34th largest exporter of Petroleum Gas in the world. At the same year, Petroleum Gas was the 9th most exported product in Austria. The main destination of Petroleum Gas exports from Austria are: Hungary ($2.27B), Slovenia ($202M), Ukraine ($77.9M), Switzerland ($59.5M), and Germany ($43.8M).

The fastest growing export markets for Petroleum Gas of Austria between 2021 and 2022 were Hungary ($1.64B), Slovenia ($133M), and Switzerland ($45M).

Imports In 2022, Austria imported $428M in Petroleum Gas, becoming the 64th largest importer of Petroleum Gas in the world. At the same year, Petroleum Gas was the 116th most imported product in Austria. Austria imports Petroleum Gas primarily from: Italy ($344M), Germany ($31.8M), Hungary ($30.2M), Romania ($6.95M), and Netherlands ($3.24M).

The fastest growing import markets in Petroleum Gas for Austria between 2021 and 2022 were Italy ($343M), Germany ($17.9M), and Romania ($6.55M).

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 Petroleum Gas. 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)$2.68B
IMPORTS (2022)$428M
NET TRADE (2022)$2.25B

In 2022, Austria exported $2.68B in Petroleum Gas. The main destinations of Austria exports on Petroleum Gas were Hungary ($2.27B), Slovenia ($202M), Ukraine ($77.9M), Switzerland ($59.5M), and Germany ($43.8M).

In 2022, Austria imported $428M in Petroleum Gas, mainly from Italy ($344M), Germany ($31.8M), Hungary ($30.2M), Romania ($6.95M), and Netherlands ($3.24M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Petroleum Gas EXPORT MARKETS FOR Austria WERE (2021 - 2022):
Hungary$1.64B (264%)
Slovenia$133M (191%)
Switzerland$45M (310%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Gas BY Austria WERE (2021 - 2022):
Ukraine-$54.6M (-41.2%)
Germany-$13.5M (-23.6%)
Slovakia-$1.58M (-61%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Austria' main exporting competitors in Petroleum Gas were:
In 2022, Austria' main importing competitors in Petroleum Gas were:
China $72.7B
Italy $67.6B

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Trade Value of Petroleum Gas by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $120M
TOP IMPORT POTENTIALGermany+ $29.5M

Petroleum Gas’s highest export potential is Germany. With an export gap of $120M.   Petroleum Gas’s highest import potential is Germany with an import gap of $29.5M.

See methodology.

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