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What Brexit Means for Austrian Federal Provinces

Published: November 29, 2018; 16:56 · (Vindobona)

The economic links between the Austrian provinces and the United Kingdom show that the withdrawal will not only be disadvantageous for the UK, but will also leave its mark on Austria's economy. According to a chart of the Thinktank Agenda Austria, the Austrian federal states whose exports will be hardest hit by the UK's departure are Upper Austria and Styria.

Great Britain is an important sales market for Austria, especially for Upper Austria and Styria. / Picture: © English and Austrian crossed flags by Vindobona

In 2017 Austria exported a total of 142 billion euros worth of goods, of which 3.9 billion euros went to Great Britain.

The Agenda Austria chart shows that Great Britain is an important sales market, especially for Upper Austria and Styria.

In 2017, these two federal states exported goods worth €1,089 and €875 million respectively to Great Britain.

These…

This article includes a total of 114 words.

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