Austrian Foreign Trade Grows Decently

BusinessEconomy ♦ Published: October 5, 2012; 14:29 ♦ (Vindobona)

January to July 2012: slight increase in imports (1.9%) and exports (2.1%).

Austrian Foreign Trade Grows Decently / Picture: © Vindobona.org

According to preliminary results by Statistics Austria, total imports amounted to € 76.79 bn and total exports amounted to € 72.08 bn in the period January to July 2012. Austrian imports increased by 1.9% and Austrian exports rose by 2.1% compared to the same period in 2011. The global foreign trade balance showed a deficit of € 4.70 bn.

In the first seven months,…