Financial Advice

It is probably no surprise to anybody that the biggest exporter with Austria is Germany. Given that over 90 per cent of the 8.5 million people that live there speak one form of German, it is no surprise that Austrian and German companies can communicate without any problem whatsoever. A third of exports out of Austria are accounted by Germany and this is something that companies need to bear in mind when entering the country.

Austria is well positioned in Europe, being centrally located it has access to many of the leading markets in the continent and as such, its companies have access to large customer markets and their Austrian public can visit many other countries with minimal stress and hassle. Also, its location means that is bordering companies can conduct a considerable amount of trade and Austria has gained a good reputation for international trade.
Over the years, the Austrian economy has proved to be one of the strongest in Europe and despite the problems it experienced during the global recession, the healthy state of the economy meant that it has continued to recover relatively quickly. As well as having a strong position in the European market, Austria also is ranked as the twelfth richest country in the world with the 8.5m people that reside there enjoying a high standard of life. All this from the world's 113th largest country is quite impressive.
Vehicle and parts manufacturing are successful and prosperous industries in the country as well as wood processing and the food industries. These show that there is a mix of opportunities available to companies that are thinking about entering the country or you may choose to opt for a niche market where there is little competition, whichever you choose make sure you use the leading courier services on the market.