Austria's Foreign Trade Achieves Strong Growth

CompaniesTransport ♦ Published: July 15, 2022; 12:30 ♦ (Vindobona)

In the previous year, there were strong increases in foreign trade compared to the first CoV year 2020. It is pleasing that almost all federal states were able to record a positive foreign trade balance.

A report recently published by Statistics Austria shows that Austria recorded strong growth in foreign trade in 2021 as a whole. In direct comparison to the Corona-plagued predecessor year 2020, the growth rate for imports was 23.2 per cent, and for exports it was 16.1%.

the provinces of Vorarlberg in particular, with 20.5% more exports, and Lower Austria, with 28.1% more…