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Austrian Food Exports Raise Again

Guglhupf © photocase.com/anjapepunkt

© photocase.com/anjapepunkt

November 1, 2011

Austrian wines, sweets, cheeses and soft drinks dominate US exports

With a total revenue of USD 5.1 billion (3.7 billion Euro), exports of Austrian food and beverages have grown by ten percent in the first half of 2011, according to the latest Statistic Austria report.

With two thirds of all products being sold out of the country, the US are currently the fourth most important market after Germany, Switzerland and Italy. In the US, tyrolean based energy drink producer Red Bull dominates the positive results, other export articles being wine, cheese and sweets.

The 2011 results are closing a two-year gap of losses caused mainly by raising prices of certain agricultural commodities such as sugar or wheat.



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