Strong Rise in Foreign Trade

BusinessEconomy ♦ Published: January 4, 2012; 16:05 ♦ (Vindobona)

From January to October 2011, Austrian trade volume reached more than €100bn in both trade flows.

Strong Rise in Foreign Trade / Picture: ©

According to preliminary results by Statistics Austria, total imports amounted to €108.32 bn and total exports amounted to €101.71bn in the period January to October 2011. Austrian imports increased by 16.3% and Austrian exports rose by 13.5% compared to the same period in 2010. The global foreign trade balance showed a deficit of €6.61 bn.

In the report period, Austria…