Good Prospects for Austrian Exports

BusinessEconomy ♦ Published: December 29, 2010; 16:42 ♦ (Vindobona)

The outlook for 2010 is favorable after the sharp decline of Austrian goods exports in the crisis year 2009 (-20.2%), .

Good Prospects for Austrian Exports / Picture: ©

Due to the significantly better international framework conditions, Austrian goods exports achieved a nominal increase of 15.8% over the previous year in the first three quarters of 2010.

The economic growth driven by exports  and the production of manufactured goods continued in the fall. However, signs of growing uncertainty in the global economy are increasing.