Trade with the Czech Republic Is Booming

Central- & Eastern Europe › Czech Rep. ♦ Published: June 9, 2011; 12:52 ♦ (Vindobona)

Austrian companies increased their exports to the country by 32% in the first quarter of the year. In 2010, Austria was the biggest foreign investor.

Trade with the Czech Republic Is Booming / Picture: © Wikimedia Commons / [Public Domain]

Economic exchange between Austria and the Czech Republic is as strong as never before. Foreign trade between the two countries showed significant growth in the last year and continued the positive pre-crisis development. Austrian exports to the neighboring country amounted to € 4.10bn (+20% compared to 2009), imports to € 4.15bn (+23%). In the first quarter of 2011 exports increased…

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