Foreign Trade Volume Keeps Growing

Business › Economy ♦ Published: August 5, 2011; 12:39 ♦ (Vindobona)

Austrian imports and exports both increased by more than 20% in the period from January to May 2011. The global foreign trade balance showed a deficit of € 2.59bn.

Foreign Trade Volume Keeps Growing / Picture: © Wikimedia Commons / NOAA [Public Domain]

According to preliminary results by Statistics Austria, total imports amounted to € 53.06bn and total exports amounted to € 50.46bn in the period January to May 2011. Austrian imports increased by 21.5% and Austrian exports rose by 20.5% compared to the same period in 2010. The global foreign trade balance showed a deficit of € 2.59bn.

In the reporting period imports from…

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