Austria's foreign trade slumps in November amid weak global demand


  • World
  • Saturday, 08 Feb 2025

VIENNA, Feb. 7 (Xinhua) -- Austria's foreign trade declined sharply in November last year due to weak international demand, with exports plunging by 14.7 percent year-on-year and imports dropping by 3.9 percent, Statistics Austria reported on Friday.

The steep drop in exports, more than three times the rate of import reduction, resulted in a trade deficit of 190 million euros (196 million U.S. dollars) for the month, the agency said.

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