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Home :: Trade Leads By Country : Austria



AUSTRIA

Austria, Countries by TradeAustria, Countries by Trade

Introduction

If you are a lover of travelling and entertainment and want to explore the best of the countries in the world then you must visit this place of Austria.Austria is one of the world’s leading cultural countries and offers a vast variety of music festivals, concerts, plays, operas, exhibitions, events and traditions. It is an amalgation of cultures and traditions that enthrall ones senses that take you through the traditions of the country and how the folks of this country stay in unity yet with diversity and simplicity. you name it and you have it.Austria’s cultural live is colourful and vibrant. Now one can convince you expect yourself when you visit this country and see for yourself.

The one thing you will never feel in Austria is boredom! Dive in to the cultural variety Austria has to offer. Trust us, you won't be disappointed and annoyed.Its your destiny if you visit this place and get the best here.Lovers of classical art will find themselves in their element just as fans of contemporary culture do. In addition to enjoying classical culture at famous event locations, numerous events take place all across the country.


Business and Economy

This is one country that is very well noticed and developed in its own sphere.It has become a country that now competes with the world market and the current trends.Austria, with its well-developed market economy and high standard of living, is closely tied to other EU economies, especially Germany's. Membership in the EU has drawn an influx of foreign investors attracted by Austria's access to the single European market and proximity to EU aspirant economies.This has given a definite boost to the economy of Austria that has made it more progressive and also very prominent in the world market.Foreign investors find the legal set-up in Austria quite conducive to investment and this has led the country to allow a lot of foreign direct investment that gives a way to the other countries to invest and also help the country earn some money out of the business. With its stable political, economic and social climate and its very high level of development, Austria offers an interesting domestic market. Austria is particularly well-placed for expanding into central and eastern European countries.


Major Cities

The Republic of Austria is a landlocked country in central from all its sides that makes it compact and closed.It borders the country of Germany and the Czech Republic to the north,Slovania and Hungary to the east,There are a lot of places that one can take a look at and enjoy especially the entertainment options that are there. Austria is a parliamentary represenatative consisting of nine federal states and is one of two European countries that have declared their everlasting relationship with each other.


Fact Sheet

GDP $206,3 billion
GDP per head €25,190
GDP growth 2.4%
Inflation 1.7%
Local currency Euro (€)
Exchange rate €1: $US1,06 (December 2002)
Capital city Vienna
Population 8.1 million
Area size 83,850 sq. kilometres
Top 5 import sources Germany, Italy, France, USA, Switzerland
Top 5 export markets Germany, Italy, France, Switzerland, USA



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