Austrian Food Exports are Booming

CompaniesRetail & Consumer ♦ Published: October 10, 2011; 17:59 ♦ (Vindobona)

About 66% of the domestic food production is being exported. Germany remains the most important foreign market.

Austrian Food Exports are Booming / Picture: ©

After the financial crisis in 2009, exports were stagnating. Now, the figures are on the rise again. Austrian agricultural and food exports had a volume of € 4.5bn in the first six months of 2011, which is a rise by 21% against same period in 2010. The food industry expects that the recovery will continue in the second term of 2011 too. The export volume of 2011 is estimated to reach…