Statistics released by the Austrian Statistics Office on the 11th showed that China will become Austria's second largest source of imports for the first time in 2020.
The Austrian Statistics Office stated in a press release issued on the same day that China has been one of Austria's top ten trading partners for the past five years. In 2020, Austria’s imports from China amounted to 10.15 billion euros, accounting for 7.0% of its total imports, rising to second place for the first time; its exports to China were 3.93 billion euros, accounting for 2.8% of its total exports, ranking No. ten. Compared with 2019, Austria’s imports from China will increase by 3.2% in 2020, and its exports to China will fall by 11.9%.
Statistics also show that due to the impact of the new crown epidemic, Austria’s import and export volume in 2020 has fallen sharply compared to 2019, of which import volume has decreased by 8.6%, and export volume has decreased by 7.5%; after adjusting for two years of different working days, imports have fallen by 9.0. %, exports fell by 7.9%.
(Source: Xinhuanet)
