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Exports

Austrian Exports to Morocco Booming

In spite of the turbulent developments in the Arab region, the Maghreb state could maintain a strong economic growth. In 2011, Austrian exports to Morocco rise by 16%.

November 26, 2011

Leitl Promotes Exports to BRICS-Countries

The President of the Austrian Chamber of Commerce, Christoph Leitl, wants the exporting industries to focus more on Brazil, Russia, India, China and South Africa.

November 22, 2011

Austrian Minister of Economics Criticizes Hungary

On the occasion of a bilateral meeting between the Hungarian and the Austrian Minister of Economics Reinhold Mitterlehner repeated his critics regarding Hungarian foreign currency loans.

November 21, 2011

Austrian Firms Expect Slowing Economy

Forecasts for the Austrian economy have been deteriorating since summer 2011. The WKÖ now joins the chorus with a recent survey.

November 17, 2011

Economic Downturn Becomes More Obvious

Due to the strong development in the first half year, Austria´s economic growth will amount to 2.9% in 2011. However, for 2012 the growth rate will decrease significantly.

November 16, 2011

Strong Growth for Exports to USA in 2012

This year, Austrian exports to the U.S. will reach the level of 2008. The export volume will amount to € 6.0bn this year.

November 12, 2011

Imports Grow Stronger Than Exports

According to preliminary results by Statistics Austria, total imports amounted to €85.39 bn and total exports amounted to € 80.08bn in the period January to August 2011.

November 8, 2011

Scepticism in Carinthian Industry

The current situation is satisfying in the Carinthian industry. However, for the future, many industrialists are less optimistic.

November 5, 2011

Exports to Colombia to Surpass € 100m

Austrian exports to Colombia will exceed € 100m this year, reports the Austrian Chamber of Economics. Colombia has a strategic character for Austrian companies.

November 2, 2011

Austrian Trade With China to Double

On the occasion of the state visit of the Chinese President Hu Jintao, the Austrian Minister of Economics stated to aim a deepening of the bilateral economic relations.

November 1, 2011

State Visit: Hu Jintao in Austria

The Chinese President Hu Jintao arrived in Austria. Today the official meetings with the Austrian President Heinz Fischer and the Government will take place.

October 31, 2011

Agricultural Exports Show Significant Rise

The Austrian agricultural exports reached almost their all-time high from 2008. Especially Italy is becoming increasingly important.

October 29, 2011

„Extend Economic Ties to Georgia“

The Austrian Minister of Economics wants to cooperate closer together with Georgia, which offers export opportunities for the Austrian industry.

October 25, 2011

Leitl Deepens Relations to Chinese Province Jiangsu

The Austrian President of the Economic Chamber regards the Chinese province Jiangsu as an important export market and trading partner.

October 22, 2011

Austrian Industry Shows High Degree of Internationality

During the last decades, the Austrian industry could gain importance, which is contrarious to the European trend. In meantime, Austria has the fourth highest degree of industrialization in the EU.

October 18, 2011

Stagnation Expected in Austria for 2011

Insecurity and a lack in foreign demand will cause a massive slowdown of the Austrian economy in 2012. Consumers and companies become more cautious.

October 17, 2011

Austria´s Manufacturing Industry Maintains its Competitiveness

Austrian goods exports rose significantly since 1995. According to a study of the Austrian Central Bank (OeNB), this is mainly due to a higher degree of competitiveness.

October 17, 2011

Austrian Food Exports are Booming

About 66% of the domestic food production is being exported. Germany remains the most important foreign market.

October 10, 2011

State Visit: "Huge Potential for Austrian Companies in India"

The Indian President Shrimati Patil absolved a state visit in Austria and met the Austrian President Heinz Fischer and the head of the Austrian Economic Chamber, Christoph Leitl.

October 8, 2011

Massive Increase in Global Foreign Trade Deficit

January to July 2011: import trade volume of € 75bn, export trade volume of € 71bn. The global foreign trade deficit increased from € 1.86bn to € 3.89bn.

October 7, 2011

New Record in Agricultural Foreign Trade

The first half of 2011 brought double-digit growth rates in all product categories. Exports to Hungary increased by 43%, making it the number three buyer country.

October 6, 2011

Austrian Exports to Rise Substantially

Austrian exports record satisfying results in the first six months of 2011. Austria´s trade balance shows a plus of € 4.4bn.

October 5, 2011

FDI Remains Essential for Austrian Business Location

According to a study of Statistics Austria, the number of foreign subsidiaries even grew in 2009 by 6%. The number of Austrian subsidiaries owned by foreign corporations grew slightly.

October 5, 2011

Potential for Austrian Suppliers in Spain

The Austrian AWO started a market exploration journey to Spain in order to create first business contacts. In the first term of 2011, exports to Spain grew by 6.6%.

October 3, 2011

Tann´s Export Quota Reaches 100%

The Austrian special paper manufacturer benefits from the economic upswing in Eastern Europe. Exports are booming.

September 27, 2011

“Austrian Exports to Turkey to Double“

According to the Austrian Chamber of Commerce in Istanbul, Austrian companies could benefit strongly from the persisting economic boom in Turkey.

September 26, 2011

GDP Growth below Expectations in Q2

The real growth rate was revised downwards to 0.7%. Wifo expects a normal slowdown but no economic crisis.

September 16, 2011

Austrian Foreign Trade Rising Significantly

January to June 2011: Austrian imports rose by almost 19%, Austrian exports increased by more than 17%

September 6, 2011

Economic Upward Trend Continued in Second Quarter

From April to June, Austrian GDP grew by 1% compared to the first three months of 2011 while the euro zone average was only 0.2%.

August 16, 2011

Foreign Trade Volume Keeps Growing

Austrian imports and exports both increased by more than 20% in the period from January to May 2011. The global foreign trade balance showed a deficit of € 2.59bn.

August 5, 2011

Agricultural Exports Are Booming

Foreign demand for fruits, vegetables and other products from Austria is growing. Exports went up 21% and amounted to € 2.18bn in the first quarter of 2011.

July 21, 2011

Economic Growth to Slow Down in Second Half of 2011

Real growth is predicted to fall to 0.3% in the third quarter. The forecast is based on reduced export prospects, a lower number of new orders and the euro crisis.

July 19, 2011

Strong Current Account Balance Is Driven by Exports

The Austrian current account showed a surplus of € 3.8bn in the first quarter of 2011. The total amount of Austrian FDI was higher than in the full year 2010.

July 12, 2011

Strong Development of Exports in Austrian Machinery Industry

In the first three months of the year, Austrian enterprises exported machinery and metalware for € 6.04bn. Germany is the main trading partner of the industry.

July 11, 2011

January to April: Dynamic Development in Foreign Trade

Austrian imports and exports increased by one fifth in the period from January to April 2011. The global foreign trade balance showed a deficit of € 2.08bn.

July 8, 2011

Foreign Trade: € 35m for Promotion of Exports

82% of Austrian exports go to other European countries. The state and the Economic Chamber start a new initiative to increase trade with BRIC countries.

July 4, 2011

Austria’s Foreign Trade Close to Record Level

Austrian imports and exports recovered strongly and increased by more than 16% in the year 2010. The trade balance deficit amounted to € 4.28bn.

June 30, 2011

WKÖ: Economic Talks with the Macedonian President

80 Austrian enterprises are already active in Macedonia. Exports to the country increased by 17% in the first quarter of the year.

June 21, 2011

Majority of Enterprises Satisfied with Business Development

According to the Economic Chamber’s business barometer, the climate for investments has improved further. Enterprises worry about labor force availability.

June 15, 2011

Trade with the Czech Republic Is Booming

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.

June 9, 2011

Strong Growth in Foreign Trade in the First Quarter of 2011

Austrian imports and exports increased by 22% in the first three month of the year. In March, trade volume amounted to more than € 11bn in both directions.

June 7, 2011

OeKB Facilitates Austro-Russian Projects

A recently signed agreement will increase the cooperation between OeKB and Russian Vnesheconombank.

May 27, 2011

Exports on Track for New Record

New highs of Austrian exports are expected in 2011 and 2012. The growth rate was 24.2% in the first two months of the year.

May 26, 2011

Firms Asked to Reduce European Focus in Favour of BRIC States

The Austrian economy has to up its focus on emerging markets, the Economy Minister has warned. 83% of all exports go to customers in Europe.

May 17, 2011

Growing Sales at Wiesner-Hager Furniture

Wiesner-Hager, the Austrian office furniture specialists succeeded in completing the business year 2010/11 with growths both in sales and profits.

May 14, 2011

Romania Offers Export Opportunities for Austria's Environment Industry

18 top Austrian companies active in the areas of environmental technology and renewable energies are present in Bucharest.

May 12, 2011

WIFI International: Partnership with TOBB University of Ankara

The Austrian (WKÖ) and the Turkish (TOBB) Economic Chambers have signed a Letter of Intent for an educational partnership with WIFI.

May 11, 2011

Austria's Energy Industry Considers the U.S. as a Promising Market

The U.S. market offers opportunities for Austrian technology in solar systems, pellet stoves, biogas, biomass and software to control wind turbines

May 10, 2011

Strong Rise in Foreign Trade Figures

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

May 9, 2011

Austria's Export Are Heading for Another Record Year

Exports grew by 24% to € 18bn in the first two months of 2011, continuing to be a crucial pillar of the Austrian economy.

May 7, 2011
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