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Foreign Trade Has Partially Recovered from Crisis
According to the latest report from Statistics Austria, imports and exports are only slightly behind last year's number indicating an upwards trend after Covid-19 has impacted foreign trade significantly.
Statistics Austria's head Tobias Thomas sees first signs of recovery after the Covid-19 crisis hit foreign trade. / Picture: © Statistik Austria/Ranger–Marton
In June 2020, the value of imports of goods was EUR 11.61 billion according to Statistics Austria, a decrease of 5.1% compared to June 2019, with the strongest decrease in the imports from Germany.
Exports of goods decreased by 5.4% to EUR 11.49 billion; Italy and Hungary were particularly affected. The balance of trade thus showed a liability of EUR 0.12 billion. …
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