Exports on Track for New Record

Business › Economy ♦ Published: May 26, 2011; 13:54 ♦ (Vindobona)

New highs of Austrian exports are expected in 2011 and 2012. The growth rate was 24.2% in the first two months of the year.

Exports on Track for New Record / Picture: © Vindobona.org

Austrian exports are climbing to a new record high. The Economic Chamber (WKÖ) expects an increase by 14.1% to € 125bn in 2011. Never before have Austrian companies sold that much abroad. The trend will continue in 2012: A further growth of 9.1% will take the total amount of exports to € 136bn, announced WKÖ’s president Christoph Leitl.

Austria balance of trade, however,…

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Exports, WKO Austrian Federal Chamber of Commerce, Foreign Trade, Imports
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