“Austrian export companies had an impressive export year 2022. Despite the challenging framework conditions, exports continued to increase both in our main export markets and in future regions such as Africa, Central and Southeast Asia or the Gulf region. We are talking about the highest value here” Mariana Konel, WKÖ Deputy Secretary General, explained on Friday when the foreign trade data for 2022 was announced. Exports increased by 17.2 percent to 194.13 billion euros. markets.
This development is also reflected in the services of the AUSSENWIRTSCHAFT AUSTRIA of the Austrian Economic Chamber: in the past year, domestic companies benefited from the expertise of foreign trade centers in more than 45,000 individual consultations. In addition, more than 30,000 participants from Austrian companies learned about relevant export-related topics at events held in Germany and abroad. With its global network of about 100 bases in more than 70 countries, ADVANTAGE supports all local companies in their internationalization activities.
Trampoline for local export companies
Kühnel explains: “As ADVANTAGE AUSTRIA, we want to be a pioneer and companion of domestic export companies and contribute to the fact that more are being added to the many export success stories. This applies above all in economically difficult times.” Supply chains have left their mark on the international economy, and the domestic export economy will not be able to escape this either, and for this reason, less momentum in domestic exports can be expected this year.
“It is critical to provide Austrian export companies with careful support. In addition to our larger markets, it is also important to support companies – from export start-ups to export professionals – when entering new markets for growth. Especially in uncertain economic times, diversifying sales markets is crucial. Today in order to be more competitive. And here too, our companies can count on ADVANTAGE AUSTRIA as a partner in internationalization, ”says Kühnel.
As a component of the comprehensive information package, companies can use the electronic tool “WKÖ-Exportradar”, which has now been widely expanded. Companies can find current data and information about their sales markets and export potential here. Data on topics such as “environment and energy” and “economics and finance” have recently become available.
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