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Exports

IMF Dissatisfied with Croatia´s Economic Progress

Economic conditions have deteriorated lately, reflecting weak external demand, private sector debt reduction, and lack of business and consumer confidence, the IMF delegation said.

February 28, 2013

Czech Republic: Trends in 2012

Export and Import Price Indices and Price Indices for International Transport

February 25, 2013

Austria Become Second Most Important Trading Partner for Hungary

Last year, only the foreign trade volume between Hungary and Germany was higher. Peter Szijjarto, spokesman of Prime Minister Viktor Orban´s party Fidesz says.

February 23, 2013

Latvia: Exports Remain Growth Driver

In 2013, the Baltic countries will remain the best performing economies in the EU. However, the growth will slow down a bit.

February 23, 2013

Romania: Slightly Lower Current Account Deficit in 2012

First estimates showed current account deficit declining to 3.8% of GDP in 2012 from 4.5% of GDP in 2011, Raiffeisen Research reports.

February 22, 2013

Situation in Bulgaria Remains Tense

After the resignation of the Bulgarian government, the political atmosphere is at a tipping point. The protests continue and are broadening.

February 21, 2013

Austrian Exports Reach new All-Time High

The Austrian Chamber of Commerce (WKO) today presented the foreign trade results of 2012. This year, WKO´s President Christoph Leitl expects s moderate increase in exports.

February 21, 2013

Bad Outlook for Ukraine´s Foreign Trade Balance

Ukraine’s external accounts have visibly deteriorated in 2012. No dramatic improvement in the balance of payments is expected this year.

February 21, 2013

Ukraine´s Economy Stagnates

According to the preliminary estimate by the State Statistics Committee, Ukraine’s GDP grew 0.2% yoy in 2012, thus decelerating from 5.2% yoy in 2011.

February 20, 2013

CESEE Region Still Has Enormous Growth Potential

“CEE growth drivers intact but innovation is needed to start convergence 2.0” Erste Group says.

February 20, 2013

Hungary: Hope for Soon Economic Recovery Vanishes

In the last quarter of 2012, Hungary´s GDP was down by 2.7% compared to the reference period of 2011.

February 19, 2013

Austria Has High Hopes in Free Trade Agreement with the U.S.

Austria´s exporting sector may benefit substantially, the Austrian Chamber of Commerce (WKO) says.

February 16, 2013

EU Foreign Trade with Russia and Turkey Growing Strongly

Last year, the EU has achieved a trade surplus of € 105bn. The trade surplus with Turkey was up by € 25bn. Exports to Russia were up by 15%.

February 15, 2013

Austria: GDP Decrease Due to Declining Consumption

In the fourth quarter of 2012, Austria´s economy shrank by 0.2%. In the full year 2012, Austria´s GDP expanded by 0.7%.

February 14, 2013

Poland: Foreign Trade Growth Slows Down

The negative balance on the current account amounted to EUR 1.2bn as compared with EUR 1.9bn in December 2011.

February 14, 2013

Bulgaria: Surprisingly High current Account Balance

In November, the current account balance was positive amounting to EUR 89.7 mn, Raiffeisen Research reports.

February 12, 2013

Shrinking Foreign Trade Deficit in Lithuania

In total, Lithuania´s foreign trade has grown substantially last year. Exports grew faster than imports.

February 11, 2013

Estonia: Moderate Growth in Exports

According to Statistics Estonia, in 2012 exports of goods increased by 4% and imports by 9% compared to 2011.

February 11, 2013

Austria: Foreign Trade Grows Decently

January to November 2012: moderate increase in imports (1.1%) and exports (2.0%)

February 8, 2013

Hungary´s Foreign Trade Balance Positive

In 2012, exports as well as imports were down substantially. The surplus of trade balance amounted to EUR 192 million in December.

February 8, 2013

Slovak Foreign Trade Grows

In November 2012, compared with November 2011, the total export of goods increased by 9,2 % to € 5 842,7m and the total import by 5,5 % to € 5 527m.

February 8, 2013

Czech Republic: Exports and Imports Grew Significantly in 2012

In December 2012, according to preliminary data of ‘border statistics’, exports and imports at current prices fell by 7.1% and 7.0%, year-on-year (y-o-y), respectively.

February 6, 2013

Croatia Fights Against High Unemployment

In order to reduce the number of jobless workers, Croatia´s government plans to invest € 60m in labor market measures.

February 4, 2013

Moody´s Downgrades Croatia

The U.S. rating agency justifies the downgrade with the “bad economic outlook” and the “inflexible fiscal policy”.

February 2, 2013

Foreign Trade: Moderate Growth in Serbia

The overall external trade in the Republic of Serbia for the period January – December 2012 amounted to EUR 23619.1m.

February 1, 2013

Hungary: Foreign Trade Goes Down

In November, export and import volumes decreased by 4.3% and 4.6%, respectively, compared to the same month of the previous year.

February 1, 2013

Serbian Current Account Improves

As per seasonally adjusted data exports kept growing in November (+2.7% mom) after increasing in October by 0.8% mom, while imports fell by 4.5% yoy (Oct/12: +4.7% mom), Raiffeisen Research says.

January 29, 2013

Continued Success for Austrian Wine Exports

The Austrian wine industry managed to maintain export volumes in 2012 despite the low yields and even saw revenues increase.

January 29, 2013

“Germany overestimated, USA and China underestimated”

Trade with USA and Italy just as crucial for Austrian economy as trade with Germany, Bank Austria reports. "Made in Austria" products count for above-average proportion of Austrian exports.

January 26, 2013

High Domestic Added Value in Austrian Exports

Business-related services and financial services have high degree of added value made in Austria. Half of Austrian exports are services, Bank Austria says.

January 26, 2013

Slovakia: Foreign Trade Growing Strongly

In 2011, goods in the amount of € 56 783,2m were exported from the Slovak Republic. Compared with 2010, the total export increased by 17,6 %.

January 25, 2013

Austrian Exports to U.S. Growing Massively

Compared to the reference period of 2011, exports to the U.S. grew by 10.4% in the first three quarters of 2012.

January 24, 2013

Poland Has Third-Biggest Current Account Deficit

EU27 current account surplus € 28.8 bn. € 39.3bn surplus for trade in services.

January 24, 2013

OeNB: Austrian Economy Returns to Growth

Today, Austria´s National Bank (OeNB) has presented the results of the economic indicators.

January 18, 2013

NBP Expects Further Slowdown

Poland´s National Bank (NBP) forecasts an economic growth rate of 1.5% in 2013.

January 14, 2013

Bulgaria: Current Account Turns Into Negative Territory

Expectedly the C/A balance deteriorated in October. Cumulatively from the beginning of the year its value also moved to negative territory: EUR -31.6m.

January 12, 2013

Foreign Trade With Hungary Shrinks

External trade in goods showed a surplus of € 704 million in November. Exports and imports fell by 1.7% in 2012.

January 9, 2013

Slovakia Record Substantial Foreign Trade Growth

In the first eleven months of 2012, exports increased by 11%. Imports were up by 6.4%.

January 9, 2013

Austrian Foreign Trade Shows Small Growth

January to October 2012: trade volume of more than €103 bn in both trade flows.

January 8, 2013

Czech Republic: Exports Grew, Imports Fell

In November 2012, according to preliminary data of ‘border statistics’, current price exports rose by 4.2%, while imports fell by 2.4%, year-on-year (y−o−y), respectively.

January 7, 2013

Serbia: Government Expects Recovery

In 2013, the Serbians will not benefit from the economic recovery, Prime Minister Ivica Dacic says.

January 5, 2013

Croatia Faces Stagnation

Last year, Croatia´s economy shrank substantially. In 2013, the country will recover, economists say.

January 5, 2013

Serbia: Foreign Trade Grows Moderately

The overall external trade in the Republic of Serbia for the period January - November 2012 amounted to: - € 21464.6m - which was a 4.3% increase compared to the same period 2011.

December 29, 2012

Serbian Industrial and Trade Sector Under Pressure

Retail trade is shrinking drastically, the manufacturing sector stagnates. GDP fell by 2.5% compared to autumn 2011.

December 29, 2012

Favorable Economic Outlook for Croatia

After a severe setback since 2009, the country is expected to register substantial growth rates again, Erste Group says. Above all, the EU accession is expected to boost the country´s economy.

December 28, 2012

„We Have to Work Longer“

Christian Keuschnigg, director of the Austrian Institute of Advanced Studies (IHS) demonstrates optimism.

December 27, 2012

Hungary: Foreign Trade Grows Sligthly

Export and import volumes grew by more than 5% in October. In the first ten months, exports were up by 2.4%.

December 21, 2012

EU: Exports to Russia Decline

EU27 deficit in trade of goods with Russia down to 65 bn euro in the first nine months of 2012.

December 19, 2012

Ukraine: Current Account Deficit Grows Significantly

Balance of payments deficit almost doubled in October – to USD 2.0 bn - amid sharp reversal in the capital flows and widening C/A deficit, Raiffeisen Research says.

December 19, 2012

Austria: “Economic Stability in Sight “

Moderate rise in economic growth: after 0.5 percent in 2012, figure of 0.9 percent anticipated for 2013 due to growing export demand. Long-term outlook: if domestic demand picks up, increase of 1.5 percent on the cards for 2014.

December 17, 2012