Sponsored
Article Tools

Austria: Services and Tourism Contribute to Increase in Trade Surplus

Published: November 13, 2012; 10:44 · (Vindobona)

Austria's trade surplus doubled in the first half of the year to € 3.5bn, despite a fall in goods traffic.

Austria: Services and Tourism Contribute to Increase in Trade Surplus / Picture: © Flickr

In the first half of 2012 Austrian exports once again outstripped imports. The trade surplus amounted to € 3.5bn according to Oesterreichische Nationalbank (OeNB) . At 2.3% of GDP, the trade surplus has almost doubled against the same period last year, although it is still significantly lower than in the years preceding the financial crisis (2008: 5.7%).

While goods…

This article includes a total of 158 words.

or Log In