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Austria

EDC Position-open all programs

EDC's Position

  • Key EDC Market
  • Actively pursuing business
  • Open under all programs, subject to regular approval criteria

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Country At A Glance

Flag of Austria
Map of Austria

Country Facts

Nominal GDP437.18 Billion USD
Population8.53 Million
Total Trade/GDP103.32%
CurrencyEuro (EUR)
Merchandise Imports from Canada271.66 Million CAD
Canadian direct investment496 Million CAD
Main importsMachinery & Equipment, Chemicals, Mineral Fuels, Food, Beverage & Tobacco

EDC in Austria

Canadian companies assisted119
International buyers insured204
Business volume293.13 Million CAD

Business Environment

Austria is a wealthy OECD country with a strong commercial relationship with Canada. The country enjoys a stable, healthy and modern economy, and a strong political system. Trade is of high importance to Austria's market and the potential for Canadian companies is high. EDC sees excellent business and investment potential across a wide range of sectors in the market.

Key Industries

  • Construction & Infrastructure
  • Environmental Infrastructure & Waste Water
  • Machinery - Packaging, Industrial & Analytical Instruments
  • Services - Non-Industrial
  • Telecom

How we can support your business

Through our representation in Dusseldorf, Germany, we provide regional support to Canadian companies planning on or currently doing business in Austria. Our regional representatives have developed strategic relationships with major buyers in key sectors as well as an extensive network of local contacts in the market.

  • We are well positioned to help Canadian companies through a range of financing and risk management services.
  • Learn more about our service offering.
 

Leverage EDC’s relationships with foreign companies

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