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Foreign Trade

Wine Exports Fell 1.1 Percent in 2015

After eight good years, last year marked a decline of wine exports, the wine industry in Austria reports today. The export value was EUR 143 million, less by 1.1. percent y/y. Austrian winemakers have shipped in total 48 million liters of wine abroad.

July 27, 2016

Austria Still Sees Some Barriers in Trade with Iran

Austria is still facing some barriers in the trade ties with Iran, which could be started as of 2016, the Austrian economic delegation in Teheran representative Thomas Moschig said.

July 13, 2016

Austrian Exports Up 1.5 Pct Y/Y in April, Imports Slip By 0.1 Pct

Austria's total exports rose by 1.5 percent y/y in April, while imports slipped by a marginal 0.1 percent, stats office Statistik Austria said.

July 8, 2016

Foreign Trade Deficit Up to Nearly EUR 2 Billion in 2015

Austria’s trade of goods revived in 2015, Statistik Austria reports today, presenting final figures for the last year. Exports hiked by 2.7 percent to EUR 131.54 billion (USD 146 billion), while imports rose 2.8 percent to EUR 133.5 billion. The foreign trade deficit thus increased to EUR 1.99 billion, from EUR 1.74 billion a year earlier.

June 30, 2016

Doppelmayr's Aerial Ropeway in Vietnam Launched

Austria's ropeway firm Doppelmayr has completed some 2.2 km aerial ropeway in Vietnam which was launched on Saturday, the company said Monday.

June 27, 2016

Melecs EWS Electronics Set to Expand in China

Austrian electronics firm Melecs EWS is set to expand in China where it recently opened a new production plant in Wuxi, Jiangsu Province, the company said. By the end of FY 2017/18, Melecs EWS expects revenues from Chinese operations of EUR 70 million (USD 78.7 million) a year. The plant employs 200 staff.

June 15, 2016

AT&S Electronics Reports Mixed Results Because of New Plant in Chongqing

The listed Styrian circuit board producer AT&S has reported mixed results for the financial year 2015/16 due to the launch of its new plant in Chongqing. Sales increased by 14.4 percent to EUR 762.9 million. At the same time EBIT slumped 14.6 percent to EUR 77 million - AT&S announced. Group result decreased from EUR 69.3 million to EUR 56 million (USD 63.8 million).

May 10, 2016

India-Austria Bilateral Foreign Trade Volume Increases to EUR 1.40 Billion

Last year was a very good year for India-Austria foreign trade. Experiencing a much faster growth rate than Austria’s overall trade, Austria imported items amounting to EUR 702 million from India and exported a volume amounting EUR 700 million to India.

April 20, 2016

Linz-Based Unit of Bilfinger Delivers EUR 10 Mln Pipe System to Egypt

Bilfinger VAM, a Linz-based unit of German construction firm, will enjoy a capacity utilisation until autumn thanks to the contract for a pipe system in Egypt, the company said. The firm shares the EUR 10 million (USD 11.3 million) deal with another Bilfinger unit.

April 7, 2016

Xi Jinping's Strategy Represents a Significant Threat to European Industry

AEGIS Europe, the manufacturing alliance of 30 European industry associations express skepticism at Chinese President Xi Jinping's remarks to the media during London visit. The alliance called into question Mr Xi's comments to the media about China's orientation towards a more open and transparent market.

October 21, 2015