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11 August 2020 The on-line newspaper devoted to the world of transports 20:29 GMT+2

July 8, 2020

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Original news
Austrian import-export sharps in April

Imports of goods fell by -24.4% and exports of -22.9%

Austria's foreign trade has been heavily affected by the effects of the coronavirus pandemic on the economy. The Austrian Statistical Institute has announced that Last April, the value of Austrian imports was EUR 10.25 billion, down -24.4% compared to April 2019, while exports of goods fell by -22.9% 10.04 billion euros. "There have been -- he explained the Director General of Statistik Austria, Tobias Thomas - particularly clear signs of a slowdown in flows of the most important goods for Austria: imports of vehicles and machinery, he said, fell by -39% and exports by as much as -45%. Among the main types of goods, there has been growth only for chemicals, including medical and pharmaceutical products."

For trade with the European Union only (27 Member States), Austria imported goods for 6.74 billion euros (-28.1%) exported goods for 6.85 billion euros (-21.0%).

In the first quarter of 2020, the total value of Austrian imports of goods was 47.97 billion decrease of -11.3% compared to the same period of the year last year, while exports fell by -9.3% to 47.37 Billion. During the period, Austria imported goods worth 32.48 billion euros (-11.9%) EU Member States exported 32.30 billion euros (-8.3%).

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