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21st Austria weekly - Austrian regional foreign trade, C-Quadrat (04/01/2021)

10.01.2021

Regional foreign trade first half of 2020: In the first half year of 2020, eight out of nine Austrian federal states registered decreases in their foreign trade values, according to preliminary results by Statistics Austria. The effects of the COVID-19 pandemic led to a significant decline in the overall Austrian foreign trade values (imports -12.6% and exports -11.7%). The strongest reduction on the export side was registered in Styria (-21.9% or Euro -2.93 bn), followed by Upper Austria (-13.9% or Euro -2.77 bn) and Lower Austria (-14.5% or Euro -1.69 bn). Vienna was the only federal state that was able to record an increase on the export side (+0.5% or +€0.06 bn). In terms of imports, Lower Austria (Euro -2.28 bn), Vienna (Euro -2.13 bn) and Upper Austria (Euro -2.03 bn) recorded the highest absolute declines. Styria (-18.2%), Lower Austria (-16.5%) and Salzburg (-16.5%) recorded the strongest relative decreases compared to the previous period. Tyrol was the only federal state to achieve a positive import development (+4.7% or Euro +0.27 bn). Five of the nine federal states showed a foreign trade surplus for the reference period. Upper Austria had the largest surplus (Euro 4.02 bn), followed by Styria (Euro 2.18 bn) and Vorarlberg (Euro 1.17 bn). Vienna displayed the highest trade deficit (Euro -6.57 bn). The exports of goods from Austria amounted to a total of Euro 68.51 bn in the first half of 2020. With more than one quarter, Upper Austria had the largest share in the overall Austrian exports (Euro 17.20 bn, 25.1%). Styria was the federal state with the second highest export values (Euro 10.44 bn or 15.2%), closely followed by Vienna (Euro 10.41 bn or 15.2%) and Lower Austria (Euro 9.95 bn or 14.5%). In the first half year of 2020, the imports of Austria totalled Euro 69.65 bn. With a value of Euro 16.98 bn, Vienna had the highest share on the import side (24.4%), followed by Upper Austria (Euro 13.17 bn or 18.9%) and Lower Austria (Euro 11.52 bn or 16.5%). In terms of trade intensity (sum of imports and exports), Upper Austria, Vienna and Lower Austria were the federal states with the highest foreign trade values.

C-Quadrat: C-Quadrat Investment Group is acquiring a 9.83% stake in Accuro Group Holding AG. The company, founded in 1992 and based in Switzerland and Liechtenstein, is an independent financial group for services related to the lifecycle of investment funds (one-stop store for fund solutions). "With C-Quadrat Investment Group we have found a top professional partner. We are convinced that together we can significantly expand our market position in Switzerland", says Roger Zulliger, President of Accuro Group Holding AG.
 

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (04/01/2021)


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21st Austria weekly - Austrian regional foreign trade, C-Quadrat (04/01/2021)


10.01.2021, 2746 Zeichen



Regional foreign trade first half of 2020: In the first half year of 2020, eight out of nine Austrian federal states registered decreases in their foreign trade values, according to preliminary results by Statistics Austria. The effects of the COVID-19 pandemic led to a significant decline in the overall Austrian foreign trade values (imports -12.6% and exports -11.7%). The strongest reduction on the export side was registered in Styria (-21.9% or Euro -2.93 bn), followed by Upper Austria (-13.9% or Euro -2.77 bn) and Lower Austria (-14.5% or Euro -1.69 bn). Vienna was the only federal state that was able to record an increase on the export side (+0.5% or +€0.06 bn). In terms of imports, Lower Austria (Euro -2.28 bn), Vienna (Euro -2.13 bn) and Upper Austria (Euro -2.03 bn) recorded the highest absolute declines. Styria (-18.2%), Lower Austria (-16.5%) and Salzburg (-16.5%) recorded the strongest relative decreases compared to the previous period. Tyrol was the only federal state to achieve a positive import development (+4.7% or Euro +0.27 bn). Five of the nine federal states showed a foreign trade surplus for the reference period. Upper Austria had the largest surplus (Euro 4.02 bn), followed by Styria (Euro 2.18 bn) and Vorarlberg (Euro 1.17 bn). Vienna displayed the highest trade deficit (Euro -6.57 bn). The exports of goods from Austria amounted to a total of Euro 68.51 bn in the first half of 2020. With more than one quarter, Upper Austria had the largest share in the overall Austrian exports (Euro 17.20 bn, 25.1%). Styria was the federal state with the second highest export values (Euro 10.44 bn or 15.2%), closely followed by Vienna (Euro 10.41 bn or 15.2%) and Lower Austria (Euro 9.95 bn or 14.5%). In the first half year of 2020, the imports of Austria totalled Euro 69.65 bn. With a value of Euro 16.98 bn, Vienna had the highest share on the import side (24.4%), followed by Upper Austria (Euro 13.17 bn or 18.9%) and Lower Austria (Euro 11.52 bn or 16.5%). In terms of trade intensity (sum of imports and exports), Upper Austria, Vienna and Lower Austria were the federal states with the highest foreign trade values.

C-Quadrat: C-Quadrat Investment Group is acquiring a 9.83% stake in Accuro Group Holding AG. The company, founded in 1992 and based in Switzerland and Liechtenstein, is an independent financial group for services related to the lifecycle of investment funds (one-stop store for fund solutions). "With C-Quadrat Investment Group we have found a top professional partner. We are convinced that together we can significantly expand our market position in Switzerland", says Roger Zulliger, President of Accuro Group Holding AG.
 

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (04/01/2021)



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