Austria’s Foreign Trade Close to Record Level

Business › Economy ♦ Published: June 30, 2011; 13:15 ♦ (Vindobona)

Austrian imports and exports recovered strongly and increased by more than 16% in the year 2010. The trade balance deficit amounted to € 4.28bn.

Austria’s Foreign Trade Close to Record Level / Picture: © Wikimedia Commons / NOAA [Public Domain]

According to final results by Statistics Austria, total imports amounted to € 113.65bn and total exports amounted to € 109.37bn in the period from January to December 2010. Austrian imports increased by 16.5% and Austrian exports rose by 16.7% compared to 2009. Trade volume in both directions came close to the level of the record year 2008 (imports 95.1%, exports 93.1%).

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