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Imports Still Bigger than Exports
The Austrian external trade increases moderately in the first half of 2012. Export growth was slightly higher than import growth.
Imports Still Bigger than Exports / Picture: © Wikimedia Commons / Biberbaer [CC BY-SA 3.0]
According to preliminary results by Statistics Austria, total imports amounted to € 65.26bn and total exports amounted to € 61.54bn in the period January to June 2012. Austrian imports increased by 1.1% and Austrian exports rose by 1.6% compared to the same period in 2011. The global foreign trade balance showed a deficit of € 3.72bn.
The export share in non-European…
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