Small Rise in Foreign Trade

BusinessEconomy ♦ Published: May 8, 2012; 16:58 ♦ (Vindobona)

January to February 2012: moderate increase in imports (3.9%) and exports (5.4%).

Small Rise in Foreign Trade / Picture: © Wikimedia Commons / NOAA [Public Domain]

According to preliminary results by Statistics Austria, total imports amounted to €20.86 bn and total exports amounted to €19.51 bn in the period January to February 2012. Austrian imports increased by 3.9% and Austrian exports rose by 5.4% compared to the same period in 2011. The global foreign trade balance showed a deficit of €1.35 bn.

In the first two months of…