Slow Growth in Austrian Foreign Trade

Business › Economy ♦ Published: June 6, 2012; 14:20 ♦ (Vindobona)

January to March 2012: small increase in imports (2.3%) and exports (2.8%).

Slow Growth in Austrian Foreign Trade / Picture: © Wikimedia Commons / NOAA [Public Domain]

According to preliminary results by Statistics Austria, total imports amounted to € 32.71bn and total exports amounted to € 30.70bn in the period January to March 2012. Austrian imports increased by 2.3% and Austrian exports rose by 2.8% compared to the same period in 2011. The global foreign trade balance showed a deficit of € 2.01bn. The year before, the deficit came at €…

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