Independent journal on economy and transport policy
07:52 GMT+1
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In the first quarter, Austria's import and export values fell by -6.8% and -5.0%
A weakening of import-export had already been recorded before the lockdown
June 9, 2020
Austria's Federal Statistical Office announced today trade deficit of EUR 0.58 billion and specified that a general weakening of import-export was already been recorded in the last months of January and February, prior to the lockdown in Austria in mid-March due to coronavirus.
In the first three months of this year, Austria imported worth 25.81 billion euros (-6.1%) Member States European Union (excluding the United Kingdom), while the value of exported goods to these nations was 25.36 billion (-4.6%). The trade deficit with the EU has been 0.45 billion euros compared to 0.90 billion in the same period 2019. The three main EU states exports were Germany (11.18 billion, -2.9%), Italy (2.31 billion, -6.2%) France (1.86 billion, -14.8%).
In March 2020 alone, Austria imported goods for 8.73 billion euros from EU Member States (-9.4% in March 2019 and exported 8.72 billion (-3.8%) to these countries, with a trade deficit that has been 14.18 billion euros.
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Austria's Federal Statistical Office announced today trade deficit of EUR 0.58 billion and specified that a general weakening of import-export was already been recorded in the last months of January and February, prior to the lockdown in Austria in mid-March due to coronavirus.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
