Czech Republic: Bilateral Trade with Austria Shrinks

BusinessEconomy ♦ Published: March 2, 2013; 17:50 ♦ (Vindobona)

The official export figures are not known yet. However, experts think that the foreign trade volume between the Czech Republic and Austria was down in 2012.

Czech Republic: Bilateral Trade with Austria Shrinks / Picture: © Czech and Austrian crossed flags by Vindobona

From an Austrian perspective, the foreign trade boom with the Czech Republic has come to a sudden end in 2012. Apart from 2009, the bilateral trade volume grew steadily after 1991. In 2011, the foreign trade has reached a new record high at € 9.7bn.

Last year, the foreign trade did not reach the record level of 2011, experts say. In the first nine months of 2012, Austrian…