Economic Relations Between France and Austria on the Rise

Companies ♦ Published: January 30, 2019; 18:08 ♦ (Vindobona)

France is Austria's fourth most important export market worldwide. At more than EUR 3 bn, the trade surplus with France is the second highest in the world after the USA. Last year, France grew particularly strongly as a destination for Austrian products with an increase of 32% or EUR 7 bn in Austrian exports.

Economic Relations Between France and Austria on the Rise. / Picture: © French and Austrian crossed flags by Vindobona

Economic situation

France, the sixth-largest economy in the world, is well on the way to implementing the ambitious reform agenda of President Emmanuel Macron following last year's brilliant World Cup success.

Despite a certain level of resistance from some sections of the population (Le mouvement des Gilets jaunes), the associated drop in poll ratings…