Sign in | Join us  
      
 Popular Searches:diamond,cbn,tuck point blade,cup wheel,saw blade, brown fused alumina
Home -- Information


  Featured Companies
 • Yantai Cct Metal…
 • Dymend Tools Co.,…
 • Henan Boreas New…
 • Yancheng Xiehe Machinery…
 • EKF Industrial Supplies…
 • Ruishi New Material…
 • MORESUPERHARD
 • Henan Banner New…
 • Zhengzhou best synthetic…
 • Zhengzhou Haixu…

 Print  Add to Favorite
Custom your font size:     

Austrian foreign trade recovers in 2010


Post Date: 14 Mar 2011    Viewed: 463

Austrian foreign trade grew rapidly in 2010, indicating that it has shaken off the impact of the economic crisis, said Statistics Austria on Friday.


According to a report from Statistics Austria, in 2010, Austrian imports reached 113.5 billion Euros, increasing by 16.3 percent, while exports reached 109.2 billion Euros, increasing by 16.5. However, its trade deficit also increased from 3.8 billion Euros in 2009 to 4.3 billion Euros in 2010.


Austrian foreign trade's recovery was mainly due to the general trend of a global economy recovery. Austrian foreign trade has turned to rise since the first quarter of last year. Till the third quarter, both of its imports and exports growths have even reached more than 20 percent.


In 2010, Austrian exports were 9.0 billion Euros more than the government originally expected.


Reinhold Mitterlehner, Austrian Minister of Economy, estimated that the trend of export growth would continue this year, and Austrian exports would be expected to return to the level before the economic crisis.


Christoph Leitl, president of the Austrian Chamber of Commerce also expected that Austrian exports would keep active in 2011 and its growth would be expected to reach 10 percent, so that the total amount of Austrian exports would exceed the historical record of 117.5 billion Euros in 2008.


In 2012, Austrian exports would be still likely to keep a growth rate of 9 percent. The active exports would continue to be important drivers of national economic growth, according to him.


The report shows that the EU remains the most important export market to Austria, accounting for 70 percent of its total exports.


However, the importance of markets outside the EU is increasing. In 2010, Austrian exports to the EU grew by 15.6 percent, while the exports to non-EU countries grew by 18.6 percent, of which exports to China even increased by nearly 40 percent.


Austrian exports to Japan, Brazil, Mexico and Turkey also grew by more than 30 percent.


Chemical products, machinery and vehicles remained the most important export commodities for Austria.


The most obvious growths of Austrian imports were the raw material, fuel and energy products. Imports of raw materials increased by 47.6 percent, while fuel and energy products also increased by 24.7 percent. (One U.S. dollars = 0.7191 euros)

 


Superhard Material of China

Superhard Material of China

Abrasives and Grinding Products of China

Abrasives and Grinding Products of China

Coated Abrasives of China

Coated Abrasives of China

Chia International Abrasives & Grinding Exposition

China International Abrasives & Grinding Exposition

Home | About Us | Members | Contact | Advertising Quotation
Supported by Yuanfa Information Technology co.,Ltd
Copyright ©Abrasivesunion 2006. All rights reserved
Page rendered in 0.0235 seconds
增值电信业务经营许可证:豫B2-20202116  ICP备案:豫B2-20100036-2