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Foreign Trade
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
Bulgarian Foreign Trade Balance Positive
In September the current account was positive (€ 332.7m), which is typical for that month of the year, mainly due to the realization of revenues from tourism and agricultural exports, Raiffeisen Research states.
December 15, 2012
Bulgaria: „The pace of economic growth is sustained“
The domestic demand compensates for the deceleration in export, Raiffeisen Research says.
December 14, 2012
Bulgaria: Foreign Trade Growing
According to the Bulgarian National Statistical Institute, Bulgarian Trade with Third Countries for the Period January - October 2012 grew by 11%.
December 11, 2012
Austria Might Prevent Recession Scenario
According to the Austrian Institute of Economic Research (WIFO), Austria´s economic performance remains weak.
December 10, 2012
Croatia: EU Scepticism Grows
After German officials considered postponing Croatia´s EU accession, Croats become more critical to the European Union.
December 8, 2012
Southeast Europe Agrees on Growth Strategy
In order to meet the 2020 growth strategy of the EU, the Balkan countries plan to co-operate more closely. Turkey and Bulgaria emphasize their good relations.
December 8, 2012
Slovakia: Strong Increase in Foreign Trade
In September 2012, compared with the corresponding period last year, the total export of goods increased by 9,6 % to EUR 5 616,6 million and the total import by 7,7 % to EUR 5 277,3 million.
December 7, 2012
Czech Republic: Recession Continues
In Q3 2012, the gross domestic product adjusted for price, seasonal, and calendar effects decreased according to the refined estimate by 1.3%, year-on-year (y-o-y), and by 0.3%, quarter-on-quarter (q-o-q).
December 7, 2012
Czech Republic: Highest Exports and Imports Ever Recorded
In October 2012, according to preliminary data of ‘border statistics’, current price exports and imports rose by 7.5% and 8.2%, year-on-year (y-o-y), respectively.
December 7, 2012
Austria: Foreign Trade Shows Decent Growth
From January to September 2012, Austria recorded a slight increase in imports (0.4%) and exports (1.6%). In the third quarter of 201, the EU27 current account surplus reached € 28.4bn.
December 7, 2012
Fischer Meets Kirchner
The Austrian President Heinz Fischer has started his state visit in Argentina.
December 3, 2012
Austria´s Trade Surplus Has Doubled
Services and tourism contribute to increase in trade surplus: Austria's trade surplus doubled in the first half of the year to € 3.5bn, despite a fall in goods traffic.
December 3, 2012
Serbia: Industrial Data on the Rise
In Serbia, the economic activity and foreign trade grows again, the Statistical Office says.
December 1, 2012
Hungary: Foreign Trade Declines
Surplus of HUF 215bn in external trade along with a decreasing turnover in September.
November 30, 2012
Serbia: Exports Decreasing
As per seasonally adjusted data exports fell in August by 0.4% mom (July/12: +2.2% mom), while imports fell by 1.9% mom (July/12: +0.2% mom). Trade deficit in Jan1Aug/12 widened further to € 4.0bn (+12.8% yoy).
November 29, 2012
OECD: CESEE Countries A Risk Factor for Austria
Next year, Austria´s economy will only show a growth rate of 0.8%. Unemployment is estimated to increase further. CESEE countries would lower the grow prospects for Austria, OECD says.
November 27, 2012
Romania: Foreign Trade Declines
"When expressed in EUR equivalent, both exports and imports of goods fell marginally in Q3 (-1.1% qoq and -0.3% qoq respectively, according to our in-house seasonally adjusted data)." Raiffeisen Research says.
November 26, 2012
Romania: Economic Upswing Expected
According with the flash estimates, real GDP declined by 0.5% qoq and by 0.6% yoy in Q3. “In our view, contraction was mainly the result of a plunge in agricultural output.” Austrian Raiffeisen Research says.
November 26, 2012
CESEE: Eurozone crisis and Austerity Push Half of the Region into Recession
Export weakness and suppressed domestic demand will push nearly half of the CESEE region into recession this year, including the Czech Republic, Hungary, Slovenia, and nearly all Western Balkan countries.
November 26, 2012
CESEE: Foreign Trade With Austria Booms
This year, Austrian exports to countries in Central, Eastern and Southeastern Europe are growing substantially.
November 24, 2012
Slovakia: Economy Slows Down
In the third quarter of 2012, Slovakia´s GDP grew by 0.6%. Compared to the previous quarter, the growth rate remained unchanged.
November 19, 2012
Gloomy Prospects for Ukraine
Economic slowdown is gaining momentum: GDP slumped by 1.3% yoy in the 3rd quarter, while industrial output contracted for 5th month in a row in October (by 4.2% yoy), Austrian RZB states.
November 19, 2012
Austria Third Largest Investor in Czech Republic
According to the Czech President Vaclav Klaus, his Austrian counterpart Heinz Fischer and the President of the Austrian Chamber of Commerce Christoph Leitl, the bilateral trade relations are expandable.
November 14, 2012
"Important step towards opening the Nigerian export market"
Austria concludes investment protection agreement with Nigeria.
November 13, 2012
Austria: Services and Tourism Contribute to Increase in Trade Surplus
Austria's trade surplus doubled in the first half of the year to € 3.5bn, despite a fall in goods traffic.
November 13, 2012
Slovenia Still Rules Out Calling for Rescue
The Slovenian government tries to prevent to be bailed out by the EU and IMF by all means. However, experts fear that Slovenia is the next candidate for the safety net.
November 10, 2012
Slovakia: Foreign Trade Growing Moderately
Positive foreign trade development in September and over the first nine months of 2012.
November 10, 2012
Austria: Foreign Trade Grows Only Decently
January to August 2012: trade with third countries accounts for overall growth.
November 9, 2012
New Record for Bilateral Trade Between Poland and Austria
Christoph Leitl, President of the Austrian Chamber of Commerce underlines the close and friendly relationships between Poland and Austria.
November 8, 2012
Hungary: Foreign Trade Declines
External trade in goods, preliminary results, January–September 2012: Balance of external trade shows surplus of HUF 211 billion.
November 8, 2012
Czech Exports Stagnate
In September 2012, according to preliminary data of ‘border statistics’, current price exports rose by 0.6%, while imports fell by 3.3%, year-on-year (y-o-y).
November 6, 2012
Hungary: Export volume grew by 1.7% in August
In August, the export volume grew by 1.7% and the import volume decreased by 0.3% compared to the base level. The exports of machinery and transport equipment decreased by 3.2%.
October 31, 2012
Romanian Economy to Shrink Further
With a large negative contribution expected to come from agriculture, real GDP should decline again in Q3 in quarterly terms (as well in annual terms). The contraction is likely to be larger than initially expected, Raiffeisen Zentralbank forecasts.
October 30, 2012
Austrian-Ukrainian Trade Relations Show Development Potential
According to Richard Schenz, Vice President of WKO (Austrian Chamber of Commerce), the economic relations between Austria and the Ukraine are excellent.
October 25, 2012
“Austrian businesses pursuing expansion in Vietnam”
Great potential in the future-oriented energy, environmental and education sectors.
October 24, 2012
Kazakh President Nazarbayev in Austria
Today, the Kazakh President Nursultan Nazarbayev was received by the Austrian President Heinz Fischer. The Austrian industry hopes for orders worth € 500m.
October 22, 2012
Austrian Trade with Russia is Booming
This year, the Austrian Chamber of Commerce expects new record results. Above all, South Russia is perceived as future market.
October 18, 2012
Czech National Bank Open for Interventions
At the moment, the Czech National Bank (CNB) sees no reason for weakening the exchange rate of the Czech Crown. However, CNB is ready to start interventions if necessary.
October 12, 2012
Austrian Economy Stagnates
According to Austrian National Bank (OeNB), the economic growth rate will be slightly negative. A recession is not excluded.
October 12, 2012
Austrian Foreign Ministry Wants “Better coordination for development cooperation”
"No single country can solve all the major problems of our time alone", Austrian State Secretary Reinhold Lopatka said at the "Development Dialogue" event in Parliament today.
October 12, 2012
Small Growth in Hungarian Foreign Trade
From January to August 2012, the Hungarian export value rose by 2%.
October 9, 2012
Moderate Growth in Slovak Foreign Trade
Increasing foreign trade development in August and over the first eight months of 2012.
October 9, 2012
Serbia´s National Bank Fights Against Inflation
Today, the Serbian National Bank raised the base rate from 10.50% to 10.75%. IMF has lowered the economic outlook for Serbia.
October 9, 2012
Hungarian Economy Still Shows Weakness
The country´s economic growth remains low, public debt leaves no leeway for fiscal policies. A high level of foreign debt remains a significant weakness of the Hungarian economy.
October 6, 2012
Austrian Foreign Trade Grows Decently
January to July 2012: slight increase in imports (1.9%) and exports (2.1%).
October 5, 2012
Eastern Europe Remains Austria´s Future Region
The Austrian economist Christian Keuschnigg thinks that the opening of Austrian companies toward Eastern Europe was a “highly favourable event”.
October 4, 2012
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