Austria's Foreign Trade - Imports Increased by 5.5%, Exports by 6.5

BusinessForeign Trade ♦ Published: November 15, 2018; 14:46 ♦ (Vindobona)

The total nominal value of imports of goods into Austria in the period from January to August 2018 was EUR 102.43 billion, up 5.5% on the previous year, while exports of goods rose by 6.5% to EUR 99.26 billion. The trade balance deficit amounted to 3.17 billion euros after 3.85 billion euros in the same period of the previous year.

Austria's Foreign Trade - Imports Increased by 5.5%, Exports by 6.5 / Picture: © Wikimedia Commons / Danny Cornelissen [http://www.portpictures.nl]

According to preliminary results from Statistik Austria, imports adjusted for working days increased by 5.5% and exports by 6.2% in this period.

Austria imported goods worth 72.45 billion euros (+5.8%) from the Member States of the European Union during the reporting period. The value of goods exported to these countries also recorded an increase compared to the same period of…

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