Austria´s Exports to Asia on the Rise

BusinessEconomy ♦ Published: June 21, 2012; 16:07 ♦ (Vindobona)

Last year, Austrian exports totaled € 122bn. Above all, exports to emergin markets Brazil, India and China are growing.

Austria´s Exports to Asia on the Rise / Picture: ©

Despite the uncertain economic development and the small economic growth, Austrian exports were up by 11.7% last year. Austria´s Minister of Economics Reinhold Mitterlehner and the President oft he Austrian Chamber of Commerce (WKO) Christoph Leitl explained that this is due to „structural changes in export markets and export products“.

In general, the importance of Europe…