Moderate Rise in Austrian Bilateral Trade with Italy

Business › Economy ♦ Published: March 21, 2012; 11:49 ♦ (Vindobona)

In 2011, Austrian exports to Italy went up by 8.6% to € 9.3bn. After Germany, Italy is Austria´s second largest trade partner.

Moderate Rise in Austrian Bilateral Trade with Italy / Picture: © Vindobona.org

In spite of a low economic growth and a critical financial situation, the bilateral trade volume with Italy grew in 2011. Austrian exports grew by 8.6% and reached almost the pre-crisis level of € 10.0bn. Last year, the value of exported goods reached € 9.3bn.

Conversely, Austrian imports from Italy rose by 10.6% and totaled € 8.5bn. As a result, there is a trade surplus of…

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