Austria: Foreign Trade Shows Decent Growth

BusinessEconomy ♦ Published: December 7, 2012; 13:51 ♦ (Vindobona)

From January to September 2012, Austria recorded a slight increase in imports (0.4%) and exports (1.6%). In the third quarter of 201, the EU27 current account surplus reached € 28.4bn.

Austria: Foreign Trade Shows Decent Growth / Picture: © Vindobona.org

According to preliminary results by Statistics Austria, total imports amounted to € 98.05bn and total exports amounted to € 92.41bn in the period January to September 2012. Austrian imports increased by 0.4% and Austrian exports rose by 1.6% compared to the same period in 2011. The global foreign trade balance showed a deficit of €5.64bn. In the reference period of 2011, the…