Rapid Increase in Exports to Emerging Markets

People ♦ Published: January 12, 2011; 00:07 ♦ (Vindobona)

The Austrian export economy can benefit massively from the solid demand from Asian and South American emerging markets.

Rapid Increase in Exports to Emerging Markets / Picture: © Vindobona.org

Emerging markets increasingly demanding Austrian products are the primary driver for Austrian economic growth. The BRIC markets continue being an apt keyword.

Christian Helmenstein of the Industriellenvereinigung (Industrial Association) considers that Austria is benefiting disproportionately from these developments. Just ten years ago, Austria was in a situation of being unable…

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