Independent journal on economy and transport policy
07:46 GMT+1
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Austria's imports and exports fell by -8.5% and -7.1% in 2020
The trade balance has been deficient by EUR 1.85 billion
June 25, 2021
Recalling that since 2011 Austrian imports and since 2015 exports also exceeded the value of 130 billion euro and that the €150 billion threshold has been exceeded in both 2018 and 2019, today the Statistical Office austria pointed out that while in 2020 the declines in import-export have been significant, however the overall value of both imports that exports have been clearly more than €140 billion.
In addition, the institute explained that last year the recorded in April (import -25.9%, export -23.7%) and (import -24.6%, export: -25.4%), which were the first months of particularly affected by the restrictions linked to the pandemic of coronavirus, have contributed significantly to the trend of the negative for the whole year, although a general flattening of the exports and imports had already registered at January and February. The last two months of 2020, on the other hand, slight increases, with growth of +1.3% in November and +3.3% in imports and exports and in December increases +2.1% and +3.3% respectively.
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Recalling that since 2011 Austrian imports and since 2015 exports also exceeded the value of 130 billion euro and that the €150 billion threshold has been exceeded in both 2018 and 2019, today the Statistical Office austria pointed out that while in 2020 the declines in import-export have been significant, however the overall value of both imports that exports have been clearly more than €140 billion.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
