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Agricultural exports from Austria are at an all-time high

2020.02.19

There is a strong international appetite for the ‘taste of Austria’, with last year’s exports setting a new record of EUR12.3 billion.

The individuality and unmatched quality of Austria’s food producers have assured them a firm foothold in European and overseas markets for many years. Important factors in their success have included sustainable innovations in both products and procedures, along with well-trained staff and professionally managed brands. Austria is also a byword for natural raw materials, top-quality foods from healthy natural sources and stringent quality control.

Food producers face fierce competition on the small Austrian market, which sets them up well for success in exporting around the world. It is little wonder that Austria’s agricultural and food exports hit an all-time high in 2019, with Agrarmarkt Austria ’s figures showing that exports rose by 6.5% on 2018’s total, reaching EUR12.3 billion. Imports were up by 4.6%, amounting to EUR12.7 billion over the same period. The foreign trade deficit in the agriculture and foods sector was about EUR400 million. Only once has it been less, in 2006.

The proportion of agricultural exports among all goods leaving Austria last year was some 8%, compared to around 4% when Austrian joined the EU in 1995. Key products powering this growth in exports are alcohol-free drinks such as lemonades and energy drinks, followed by animal feed, cheese and fine confectionery.

Germany is Austria’s largest trading partner, with a share of more than a third (EUR4.3 billion) of all agricultural and food exports, followed by Italy (EUR1.2 billion) and the USA (EUR1.1 billion).

Last modified
2020.02.11
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