CESEE: Foreign Trade With Austria Booms

BusinessEconomy ♦ Published: November 24, 2012; 21:03 ♦ (Vindobona)

This year, Austrian exports to countries in Central, Eastern and Southeastern Europe are growing substantially.

CESEE: Foreign Trade With Austria Booms / Picture: © Vindobona.org

Exports to CESEE countries are growing stronger than exports to other countries. In total, Austrian exports are expected to reach 2.3%. Exports to CESEE countries are estimated to grow by 3.0%, Außenwirtschaft Austria says. In the next years, the situation will not change as Eastern Europe has better growth prospects than Western Europe.

However, the strong growth rate of 2011…

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