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13 July 2020 The on-line newspaper devoted to the world of transports 14:13 GMT+2



June 9, 2020

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Original news
In the first quarter, the values of imports and exports fell by -6.8% and -5.0%

A weakening of import-export had already been recorded before lockdown

In the first quarter of this year, the values of imports and Austria's exports recorded a significant decrease in the amount of 37.23 billion and 37.23 billion euros, with declines of -6.8% and -5.0% on the first three 2019. Purged of the effects of working days, decreases amount to -6.6% and -5.5%.

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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