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Austrian Foreign Trade Deficit on the Rise
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From January to September 2011: imports rose by 17%, exports increased by 14%. The deficit amounts to € 6.0bn.
Austrian Foreign Trade Deficit on the Rise / Picture: © Wikimedia Commons / Danny Cornelissen [http://www.portpictures.nl]
According to preliminary results by Statistics Austria, total imports amounted to € 97.08bn and total exports amounted to € 91.10bn in the period January to September 2011. Austrian imports increased by 17.3% and Austrian exports rose by 14.2% compared to the same period in 2010. The global foreign trade balance showed a deficit of €5.98 bn.
In 2011, the record results,…
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