Austria | Imports and Exports | World | Articles of iron or steel | Value (US$) and Value Growth, YoY (%) | 2012 - 2023
The value of exports of commodity group 73 "Articles of iron or steel" from Austria totalled $ 7.52 billion in 2023. Sales of commodity group 73 from Austria decreased by 2.63% in value terms compared to 2022. exports of commodity group 73 "Articles of iron or steel" decreased by $ 203 million (cumulative exports of commodity group 73 from Austria amounted $7.73 billion in 2022)
Exports of commodity group 73 "Articles of iron or steel" amounted to 3.48% of total exports from Austria (cumulative merchandise exports from Austria totalled $ 216 billion in 2023). The share of commodity group 73 in total exports from Austria decreased by 0.194 p.p. compared to 2022 (it was 3.67% in 2022 and cumulative exports from Austria were equal to $ 210 billion).
Where does Austria export Articles of iron or steel?
Top export destinations of "Articles of iron or steel" from Austria in 2023:
- Germany with a share of 34% (2.58 billion US$)
- USA with a share of 9.34% (703 million US$)
- Switzerland with a share of 5.8% (436 million US$)
- Italy with a share of 4.57% (344 million US$)
- France with a share of 3.53% (266 million US$)
- Czech Republic with a share of 3.38% (255 million US$)
- Hungary with a share of 3.28% (247 million US$)
- Poland with a share of 3.04% (228 million US$)
- United Kingdom with a share of 2.38% (179 million US$)
- Canada with a share of 2.27% (171 million US$)
Exports structure of 73 - Articles of iron or steel - from Austria in 2023 represented by the following main commodity groups:
- 21% (1.59 billion US$): 7326 - Other articles of iron or steel
- 19.3% (1.45 billion US$): 7308 - Structures (excluding prefabricated buildings of heading 94.06) and parts of structures (for example, bridges and bridge-sections, lock-gates, towers, lattice masts, roofs, roofing frame-works, doors and windows and their frames and thresholds for doors, shutters, balustrades, pillars and columns), of iron or steel; plates, rods, angles, shapes, sections, tubes and the like, prepared for use in structures, of iron or steel
- 13.3% (1 billion US$): 7304 - Tubes, pipes and hollow profiles, seamless, of iron (other than cast iron) or steel.
- 9.7% (730 million US$): 7302 - Railway or tramway track construction material of iron or steel, the following : rails, check-rails and rack rails, switch blades, crossing frogs, point rods and other crossing pieces, sleepers (cross-ties), fish-plates, chairs, chair wedges, sole plates (base plates), rail clips, bedplates, ties and other material specialized for jointing or fixing rails
- 7.53% (567 million US$): 7318 - Screws, bolts, nuts, coach screws, screw hooks, rivets, cotters, cotter-pins, washers (including spring washers) and similar articles, of iron or steel
- 6.72% (506 million US$): 7306 - Other tubes, pipes and hollow profiles (for example, open seam or welded, riveted or similarly closed), of iron or steel
- 6.05% (456 million US$): 7307 - Tube or pipe fittings (for example, couplings, elbows, sleeves), of iron or steel
- 2.59% (195 million US$): 7321 - Stoves, ranges, grates, cookers (including those with subsidiary boilers for central heating), barbecues, braziers, gas-rings, plate warmers and similar non-electric domestic appliances, and parts thereof, of iron or steel
- 1.83% (138 million US$): 7310 - Tanks, casks, drums, cans, boxes and similar containers, for any material (other than compressed or liquefied gas), of iron or steel, of a capacity not exceeding 300 l, whether or not lined or heat-insulated, but not fitted with mechanical or thermal equipment
- 1.51% (113 million US$): 7315 - Chain and parts thereof, of iron or steel
The value of imports of commodity group 73 "Articles of iron or steel" to Austria totalled $ 6.46 billion in 2023. Sales of commodity group 73 to Austria decreased by 8.22% in value terms compared to 2022. imports of commodity group 73 "Articles of iron or steel" decreased by $ 579 million (the value of imports of commodity group 73 to Austria was equal to $7.04 billion in 2022)
Imports of commodity group 73 "Articles of iron or steel" accounted for 2.95% of total import flow to Austria (in 2023, total imports to Austria amounted to $ 219 billion). The share of commodity group 73 in total imports to Austria decreased by 0.086 p.p. compared to 2022 (it was 3.03% in 2022 and cumulative imports to Austria were equal to $ 231 billion).
Imports of commodity group 73 reached 99% of total imports of group 73 "Articles of iron or steel" to Austria in 2023 (imports of commodity group 73 to Austria totalled $6.46 billion in 2023). The share of purchases of commodity group 73 in imports of commodity group 73 to Austria went down by 0 p.p. compared to 2022 (it was 100% in 2022, and imports of commodity group 73 to Austria accounted for $7.04 billion).
Where does Austria import Articles of iron or steel from?
Top trading partners (import of "Articles of iron or steel") of Austria in 2023:
- Germany with a share of 42% (2.73 billion US$)
- Italy with a share of 9.21% (595 million US$)
- Czech Republic with a share of 5.86% (378 million US$)
- China with a share of 5.41% (349 million US$)
- Switzerland with a share of 4.62% (299 million US$)
- Poland with a share of 4.41% (285 million US$)
- Hungary with a share of 3.13% (202 million US$)
- Slovak Republic with a share of 3.08% (199 million US$)
- Slovenia with a share of 2.96% (191 million US$)
- Turkey with a share of 2.41% (156 million US$)
Imports structure of 73 - Articles of iron or steel - to Austria in 2023 represented by the following main commodity groups:
- 25% (1.64 billion US$): 7326 - Other articles of iron or steel
- 20% (1.35 billion US$): 7308 - Structures (excluding prefabricated buildings of heading 94.06) and parts of structures (for example, bridges and bridge-sections, lock-gates, towers, lattice masts, roofs, roofing frame-works, doors and windows and their frames and thresholds for doors, shutters, balustrades, pillars and columns), of iron or steel; plates, rods, angles, shapes, sections, tubes and the like, prepared for use in structures, of iron or steel
- 14.6% (946 million US$): 7318 - Screws, bolts, nuts, coach screws, screw hooks, rivets, cotters, cotter-pins, washers (including spring washers) and similar articles, of iron or steel
- 6.1% (394 million US$): 7307 - Tube or pipe fittings (for example, couplings, elbows, sleeves), of iron or steel
- 5.8% (375 million US$): 7306 - Other tubes, pipes and hollow profiles (for example, open seam or welded, riveted or similarly closed), of iron or steel
- 3.79% (245 million US$): 7304 - Tubes, pipes and hollow profiles, seamless, of iron (other than cast iron) or steel.
- 3.1% (200 million US$): 7325 - Other cast articles of iron or steel
- 3.02% (195 million US$): 7321 - Stoves, ranges, grates, cookers (including those with subsidiary boilers for central heating), barbecues, braziers, gas-rings, plate warmers and similar non-electric domestic appliances, and parts thereof, of iron or steel
- 2.62% (169 million US$): 7314 - Cloth (including endless bands), grill, netting and fencing, of iron or steel wire; expanded metal of iron or steel
- 2.26% (146 million US$): 7320 - Springs and leaves for springs, of iron or steel
