Austrian Retail Rises in 2024 Despite Economic Gloom
The country’s retail sector saw sales rise by 2.7% in nominal terms and 0.9% in real terms in 2024, reaching €77.2 billion.
Austria’s Exports Drop as Demand Weakens
The country’s four main export sectors – machinery, processed goods, chemicals and manufactured goods – all declined.
Donald Trump Trade Tariffs ‘Will Affect Austria’
With Mexico – Austria’s top trading partner outside Europe – facing proposed US tariffs, Austrian export businesses could face challenges.