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Austria's Economy Booms

25. March 2006

The Austrian economy is expected to grow by 3.1% of the GDP in 2006

This growth which is markedly above that of the past six years leads to a significant increase in jobs and leads Austria’s trade balance into the black with export trade growing extremely dynamically. Overall exports increased by 12.2% and commodity exports could reach 40% of GDP by the end of the year.
Still from the forecasted 100 billion euro exports worldwide only 1,2 % are exported to Africa. To get information about business opportunities with Austrian companies click on “Austrian products and companies” and/or get in contact with the Austrian Embassy – Commercial Section Lagos.