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“Germany overestimated, USA and China underestimated”
Trade with USA and Italy just as crucial for Austrian economy as trade with Germany, Bank Austria reports. "Made in Austria" products count for above-average proportion of Austrian exports.

A joint analysis by the OECD and the WTO has departed from the conventional method of calculating foreign trade data, which always measures trade flows upon crossing a border. Instead, it focuses on the added value generated by a country in producing export goods and services. This database takes into account which domestic and foreign components and services make up the total exports…
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