WKÖ: China Overtakes the U.S. as the Most Important Overseas Austrian Trade Partner

People ♦ Published: November 16, 2010; 11:58 ♦ (Vindobona)

The volume of foreign trade (exports and imports) with China in the second third of the year was 5.6 billion euro compared to 5.1 billion euro with the U.S.

WKÖ: China Overtakes the U.S. as the Most Important Overseas Austrian Trade Partner / Picture: © Vindobona.org

“The fact that China surpasses the U.S. in terms of importance for the Austrian foreign trade, was expected by us for the end of the year. That it has already happened, attests to the importance of China for Austria's export economy", stresses the Austrian Economic Chamber’s President, Christoph Leitl, commenting on the fact that China has replaced the U.S. as the most important…