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Foreign Trade


Austrian Central Bank Expects Economic Stabilization

Austria´s budget deficit is expected to decrease, the economic growth should increase slightly.
June 11, 2012


Slow Growth in Austrian Foreign Trade

January to March 2012: small increase in imports (2.3%) and exports (2.8%).
June 6, 2012


Austrian Furniture Industry Increases its Exports

In 2011, the total production of the Austrian furniture industry decreased by 3.3 percent to close to € 2.3bn according to the latest figures.
June 6, 2012


Austria to Expand Relations with Cyprus

Federal President Fischer and WKO´s President Leitl accomodated the Cypriot-Austrian Business Forum. Economic relations show potential for expansion and further development.
June 4, 2012


Economic Balance: EU Warns Austria

The Commission of the EU issues an early warning for Austria as the thresholds of three macro-economic indicators were exceeded.
May 31, 2012


Service Exports Key Success Factor for Austrian Foreign Trade

Regardless of global economic turbulence, Austria enjoyed considerable success in the international trade of goods and services in 2011.
May 22, 2012


Great Demand for Austrian Tourism Knowledge in Bulgaria

The Bulgarian tourism industry pushes for an improvement in quality. Austrian AWO brings together Austrian suppliers and potential business partners in Bulgaria.
May 21, 2012


“Three Problems of Europe: Divergence, Indebtedness and Weak Banks”

The new director of the Austrian IHS (Institute of Advanced Studies) Christian Keuschnigg thinks that a Greek exit would have to take place suddenly.
May 21, 2012


Austrian Innovations on the Rise in Export Markets

The patent statistics clearly show that Austrian companies and inventors are becoming ever more prominently positioned on the international markets.
May 18, 2012


Economic Indicator: Slow Recovery Expected

The Bank Austria business indicator indicates a slight upward trend. In the second quarter, economic growth is expected to reach 0.2%.
May 16, 2012


Austrian Economy Grows Slowly

After a period of stagnation, the Austrian economy showed a small growth rate of 0.2% in the first quarter of 2012.
May 15, 2012


Saudi-Austrian Forum in Vienna

Saudi Arabia and Austria celebrated the 55th anniversary of Saudi-Austrian relations. Foreign trade is growing substantially.
May 14, 2012


Keuschnigg: „Problem Countries Must Cut Wages“

The designated director of the Austrian IHS (Institute of Advanced Studies) thinks that a drastic wage cut in Greece, Portugal and Spain is inevitable.
May 12, 2012


Small Rise in Foreign Trade

January to February 2012: moderate increase in imports (3.9%) and exports (5.4%).
May 8, 2012


Austria Emphasizes Importance of Partnership with Russia

Austrian State Secretary Wolfgang Waldner meets Russian Deputy Foreign Minister Titov.
May 8, 2012


Global Demand for Solar Technology from Austria

Riyadh, the capital of Saudi Arabia, is currently home to the world's largest solar thermal plant. The technology behind this plant came from Austria.
May 8, 2012


Austrian Exports to Canada up by 4.5% in 2011

Bilateral trade between Austria and Canada reaches € 1.13bn. Canadian Exports to Austria were down by 1.9%.
May 7, 2012


“Russia now among top 10 Austrian Trading Partners”

Austrian Foreign Minister Spindelegger meets with Russia’s Deputy Prime Minister Zubkov.
April 25, 2012


Austria to Intensify Cooperation with Croatia

The Austrian Minister of Economics met his Croatian counterpart in Vienna. Above all, the EU-accession and investments were discussed.
April 24, 2012


Leitl: Increasing Foreign Trade with Russia

The President of WKO (Austrian Chamber of Commerce) wants to raise bilateral trade volume up to € 10bn by 2015.
April 23, 2012


Austrian-Chinese Trade at All-Time High

Last year, bilateral trade volume rose by 13% in 2011 to over € 9bn. Austrian Exports rose by 11.7%.
April 10, 2012


Foreign Trade: „We are on the Right Way“

Christoph Leitl, President of the Austrian Chamber of Commerce comments the export development: “The data of January show that we are on the right way.”
April 7, 2012


Austrian Trade Mission 2012: “A Big Success”

With their trip to the Kingdom of Saudi Arabia, Austrian companies are highly satisfied.
April 5, 2012


Moderate Increase in Foreign Trade

In January 2012, Austrian foreign trade grew slower than in 2011. Exports increased stronger than imports.
April 5, 2012


Austrian Industrial Sector Faces Uncertainties

The Austrian industries expect a stagnation of business. Economic growth is low, export growth will be decent. Moreover, the order stock is declining.
April 4, 2012


Austrian Exports to France Exceed € 5.0bn

In 2011, Austrian exports to France were up by 10.2%. France remains one of Austria´s most important trading partners.
March 28, 2012


Norway Is one of Austria´s Most Important Wine Market

Austria's wine sector set a new export record at € 126m (an increase of 2.6% over the previous year) in 2011.
March 28, 2012


Austrian Exports to Japan Reach New Record

Last year, bilateral trade between Austria and Japan recorded a new high. Austrian exports to Japan amounted to € 1.3bn.
March 27, 2012


BNP: Austrian Economy Recovers

GDP in Austria contracted slightly in Q4 2011 as exports fell, but weak growth is likely to have resumed at the beginning of 2012, says BNP Paribas.
March 26, 2012


Austrian Chamber of Commerce Underlines Importance of South Tyrol

The President of Austria´s Chamber of Commerce (WKO), Christoph Leitl, met South Tyrols governor Luis Durnwalder and stresses the good political and economic relationship between South Tyrol and Austria.
March 24, 2012


Moderate Rise in Austrian Bilateral Trade with Italy

In 2011, Austrian exports to Italy went up by 8.6% to € 9.3bn. After Germany, Italy is Austria´s second largest trade partner.
March 21, 2012


Austrian Economy Recovers Slowly

The Austrian Central Bank (OeNB) sees signs of a recovery. A recession is not expected.
March 20, 2012


“The Czech Republic Has Traditionally Been an Important Partner for Austria”

Austrian State Secretary Waldner meets Czech EU State Secretary Belling.
March 19, 2012


New Record in Swedish-Austrian Bilateral Trade Volume

Austrian exports to Sweden reached a new record level in 2011. Moreover, the first surplus could be registered.
March 17, 2012


Austria Benefits from Economic Boom in Saudi Arabia

An Austrian trade delegation is looking for Saudi partners. This year, the bilateral trade volume is expected to exceed € 1.0bn again.
March 14, 2012


Imports Grow Stronger than Exports

January to December 2011: Austrian imports rose by 15%, exports increased by 12%.
March 9, 2012


„Going to America 2012“: AWO Supports Austrian Business in USA

Foreign Trade Austria (AWO) shows business opportunities in the U.S. to domestic companies.
March 8, 2012


Austria and Bulgaria Clear Way for Business-Friendly Climate

Business representatives from Austria and Bulgaria agreed upon a business-friendly climate and clear rules at a Sofia forum,
March 8, 2012


Austrian Economy Appreciates Serbian Approach to EU

Serbia officially became candidate for the EU-access. Christoph Leitl, President of the Austrian Chamber of Commerce, emphasized the importance of the “European perspective” for Serbia.
March 2, 2012


New Criticism on Austerity Package

For the chief economist at RZB, Peter Brezinschek, the austerity package is not ambitious enough. The President of the Austrian Chamber of Commerce, Christoph Leitl, criticizes the introduction of new taxes.
February 28, 2012


Significant Increase in Austrian Steel Exports to U.S.

U.S. Steel Imports are rising substantially, prices are on the fall. Austrian suppliers could raise their share.
February 27, 2012


Austrian Current Account Deficit Rising

Against 2010, the Austrian current account deficit almost doubled. Both imports and exports reached record levels.
February 27, 2012


Austrian Economy Shrank in Last Quarter of 2011

Due to lower exports, the Austrian economic growth showed a decrease in the last quarter of 2011. For 2012, the economy will stagnate or increase very slowly.
February 15, 2012


Russia: Great Demand for Austrian Food

Due to rising purchase power of Russian households, Austrian food exports to Russia are booming. In 2012, the Russian retail trade sector is expected to grow by 15%.
February 14, 2012


Leitl Pushes Investments in Colombia

For Christoph Leitl, the President of the Austrian Chamber of Commerce, Colombia is the entry to South America for European companies.
February 7, 2012


Foreign Trade Still Growing

January to November 2011: imports rose by 16%, exports increased by 13%.
February 7, 2012


Good Export Chances in SEE Region

The Austrian Chamber of Commerce regards South-Eastern Europe as growth region. Importance for the Austrian export industry is seen to increase.
January 28, 2012


Austrian Economy: Slowdown, But No Recession

The Federation of Austrian Industries (IV) says that Austria will not face a recession in 2012. Nevertheless, the economic slowdown is significant.
January 26, 2012


Erste Group: “Debt Crisis Continues”

According to the Austrian bank, the sovereign debt crisis in the euro-zone remains. Stagnation is expected for the next years.
January 25, 2012


Leitl: „Croatians are Most Welcome“

The President of the Austrian Chamber of Commerce is looking forward to Croatia´s EU accession in 2013.
January 23, 2012