Strong Rise in Foreign Trade Figures

BusinessEconomy ♦ Published: May 9, 2011; 06:32 ♦ (Vindobona)

January to February 2011: Austrian imports increased by 26%, exports rose by 24%.

Strong Rise in Foreign Trade Figures / Picture: © Wikimedia Commons / Biberbaer [CC BY-SA 3.0]

According to preliminary results by Statistics Austria, total imports amounted to € 19.42bn and total exports amounted to € 18.28bn in the period January to February 2011. Austrian imports increased by 25.5% and Austrian exports rose by 24.2% compared to the same period in 2010. The global foreign trade balance showed a deficit of € 1.14bn.

Austria has received goods of €…