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Austria export

Austria export Data

Another name for Austria is the Republic of Austria. Since it is encircled by land on all sides, it is known as a landlocked nation. Germany, the Czech Republic, Slovakia, Hungary, and Italy are just a few of the nations that border Austria. The nation boasts the greatest infrastructure and a firmly established market economy. In terms of land area, Austria is the twentieth-largest country in Europe. Austria occupies an area of about 83,879 km^2, placing it at 115th place in the world. According to Austria’s export data, Austria exported goods with a total value of $268.27 billion in 2022, with an increase of 4.28% from 2021. Austria has long been recognized as an economic powerhouse in Europe. Its strategic location, well-developed infrastructure, and skilled labor force have made it an attractive destination for trade and investment. Let us delve into the latest Austria Export Data for 2022, exploring key insights and trends that can help businesses tap into the country's export market.

Austria Export Data | Austria Trade Data

34

The country has been ranked 34th in global exports, showing a significant position in the international trade and export landscape.

1.05%

With a mere 1.05% share in global export trade, it becomes evident that its presence in the international export market is fairly on the rise.

GERMANY

Germany holds a significant role as the largest export partner of the country in terms of goods exports in the global market.

MOTOR CARS AND OTHER MOTOR VEHICLES

Motor cars and other motor vehicles are the major and biggest export commodities of the country, playing a vital role in its economy.

export

Top 10 Exports of Austria

Austria has long been acknowledged as one of Europe's economic powerhouses. With motor vehicles emerging as the largest import in 2022, its advantageous location, advanced infrastructure, and highly qualified labor force have made it a desirable place for commerce and investment. Austria’s top 10 exports in 2022 according to its export data are:

  • Motor cars and other motor vehicles: 3.76% ($7.92 billion)
  • Human blood; animal blood for therapeutic or diagnostic uses: 3.17% ($6.66 billion)
  • Paper and paperboard; articles of paper pulp: 2.92% (6.14 billion US$)
  • Medicaments and pharmaceuticals: 2.91% ($6.13 billion)
  • Electrical apparatus: 2.3% ($4.85 billion)
  • Electrical energy: 2.25% ($4.74 billion)
  • Parts and accessories of the motor vehicles: 2.2% ($4.63 billion)
  • Waters, including mineral waters and aerated waters: 1.68% ($3.53 billion)
  • Spark-ignition reciprocating or rotary internal combustion piston engines: 1.26% ($2.65 billion)
  • Base metal mountings, fittings, and similar articles suitable for furniture: 1.23% ($2.6 billion)
    • Partners

    Top 10 Export Partners of Austria

    Austria's export industry is a major contributor to its GDP and is essential to the country's economy. Germany is the nation's top export partner in 2022. The nation is well-known for its export-oriented businesses, which include machinery, automobiles, medical devices, iron and steel products, medicines, and agricultural items. The top 10 Export Partners of Austria in 2022, according to the export data include:

    Value In Percentage(%)

  • Germany: 29% (61 billion US$)
  • Italy: 6.63% (13.9 billion US$)
  • USA: 6.34% (13.3 billion US$)
  • Switzerland: 5.2% (10.9 billion US$)
  • France: 3.92% (8.24 billion US$)
  • Hungary: 3.84% (8.08 billion US$)
  • Poland: 3.84% (8.07 billion US$)
  • Slovak: 3.83% (8.05 billion US$)
  • Czech Republic: 3.5% (7.36 billion US$)
  • China: 2.59% (5.45 billion US$)
    • Sample Data

    Understanding Austria's Export Data Performance

    We obtain trustworthy data from organizations, shipping businesses, and customs ports. This Trade Data contains a wide range of fields, such as HS codes, product descriptions, prices, quantities, origin country, destination country, and port names together with currency values. For traders and marketers, this trade data is crucial information that helps them to make informed decisions. From the HS codes and product descriptions to the quantity and cost of each product, everything can be obtained through this trade data. We have included a sample of this trade data for your convenience and greater understanding so that you can see what the trade data looks like as a whole, with complete details.

    So, as you can see in this statistical report, we also include the number of goods needed to be imported/exported, HS codes, the description of each HS code, and the quantity and price of each product from the country's shipment data. In this comprehensive statistical database, we ensure that every detail is meticulously recorded, which makes this trade data efficient for businesses worldwide. Austria's export sector plays a vital role in its economy, contributing significantly to its GDP. The country is known for its export-oriented industries, including machinery, vehicles, medical devices, iron and steel products, pharmaceuticals, and agricultural goods. To gain a comprehensive understanding of Austria's export performance, let's take a closer look at the latest export data. Based on the customs data reports for Austria’s export data, Austria exported goods with a total value of $210 billion in 2022, with an increase of 4.28% as compared to 2021. You can find several fields in Austria's trade and export data, including the total value of the Austria trade data, and Austria's export data contain a range of fields, such as HS codes, HS code descriptions, and product descriptions with the number, units, and price of each product being sent. For traders and marketers, this statistical export data is crucial information that helps them make informed decisions.

    Benefits

    Benefits of Austria’s Export Data

  • Find Accredited Austrian Buyers, examine the Austrian Exporters List, and ship your products.
  • Monitor the Shipments of Rivals.
  • Analyze your competitors' cargo data to beat them in the marketplace.
  • Expand your business by tapping into Austria's import industry.
  • Analyze Austria's import market.

    • Frequently Asked Questions!!

    The Republic of Austria is another name for Austria. 

    Germany, the Czech Republic, Slovakia, Hungary, and Italy are the countries sharing borders with Austria.

    The total export value of Austria's exports in 2022 is $210 billion.

    Date, Name of Austrian exporter, Name of Foreign Buyer, Destination nation, Product Description, HS Code, Quantity Value, and Port name.

    Germany, Italy, USA are the top 3 export partners of Austria in 2022.

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