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Foreign Trade Austria already earns six of every ten euros outside its borders

1 Euro coin © photocase.com/lampentisch

© photocase.com/lampentisch

3 July 2008

The export plus is 10.5%, says Statistics Austria. In 2007 Austria was “European Export Champion”, along with Germany.

At the end of June Statistics Austria presented the final figures for Austrian export trade for 2007. Austrian exports increased by 10.5% to total an export volume of EUR 114.68 bn. This was also confirmed by figures from Eurostat the statistics body of the European Commission. With export growth of 10%, Austria took the title of “European Export Champion”, along with Germany.

According to  Statistics Austria , imports rose by 9.6% to EUR 114.25 bn. This resulted in a positive trade balance of EUR 0.43 bn. From the European Union members, Austria imported goods amounting to EUR 85.27 bn (+9.6%). Exports to the EU totalled EUR 83.11 bn (+11.0%).

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