Austrian Exports to U.S. Growing Massively

BusinessEconomy ♦ Published: January 24, 2013; 17:48 ♦ (Vindobona)

Compared to the reference period of 2011, exports to the U.S. grew by 10.4% in the first three quarters of 2012.

Austrian Exports to U.S. Growing Massively / Picture: © American and Austrian crossed flags by Vindobona

For Austria, the U.S. is the third most important export partner. Only Germany and Italy are importing more products from Austria. In the first nine months of 2012, Austria´s exports to the U.S. totaled € 5.82bn. In the same time, imports amounted to € 3.5bn.

As a result, foreign trade is growing for years. In 2010, exports grew by 23%. One year later, export growth reached…

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