Austria: Increase Of Foreign Trade

Business › Economy ♦ Published: March 8, 2013; 13:43 ♦ (Vindobona)

Even with the economy crisis, the percentage of foreign business expands.

Austria: Increase Of Foreign Trade / Picture: © Vindobona.org

Since 2008 the percentage of foreign business with CESEE countries has been augmenting steadily while trade with main partner Germany has been declining. Despite of the international soft patch, Austria’s foreign commerce increased last year. Exports in 2012 rose 1.4 % by a y/y comparison, totaling € 123.47bn. Imports improved merely by 0.7 % y/y which equals € 131.94bn. According…

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