January to April: Dynamic Development in Foreign Trade

BusinessEconomy ♦ Published: July 8, 2011; 09:47 ♦ (Vindobona)

Austrian imports and exports increased by one fifth in the period from January to April 2011. The global foreign trade balance showed a deficit of € 2.08bn.

January to April: Dynamic Development in Foreign Trade / Picture: © Wikimedia Commons / Biberbaer [CC BY-SA 3.0]

According to preliminary results by Statistics Austria, total imports amounted to € 41.59bn and total exports amounted to € 39.52bn in the period from January to April 2011. Austrian imports increased by 20.7% and Austrian exports rose by 19.7% compared to the same period in 2010. The global foreign trade balance showed a deficit of € 2.08bn.

In the reporting period…