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Austria's Trade Deficit with China Shrinks

Published: January 13, 2011; 00:05 · (Vindobona)

Thanks to the rising export figures, the trade deficit in the traditionally negative balance with China is declining.

Austria's Trade Deficit with China Shrinks / Picture: © Vindobona.org

Austrian exports to China have reached an estimated € 3.0bn in 2010, replacing the U.S. as the most important non-European trading partner.

The Federal Economic Chamber (WKÖ) states: "There are no precise figures for the full year yet, but we anticipate that Austrian exports to China 2010 have increased by almost 50%". Owing to the fact that imports have not risen by the same…

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Austria's Trade Deficit with China Shrinks

Thanks to the rising export figures, the trade deficit in the traditionally negative balance with China is declining.

Join us to succeed in Vienna!
Sign up to read articles for free and to get personalized updates on the events that interest you.