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Austrian-Canada Buisness Club

Benefits

  • exchange of experience; networking
  • Lobbying
  • Platform for buiness interests support
  • Society measures (f.e. student exchange)
  • awareness-raising
  • Support of business formation
  • Lectures, seminars, round tables, meetings
  • Thight contact to economic institutions
  • Newsletter

Bilateral economic relations

The volume of trade between Austria and Canada in 2008 was 1.3 billion euros. Canada is Austria's fourth most important overseas market.

Canadian exports to Austria

  • More than 2 / 3 of Canada's exports to Austria are machinery and automotive products
  • Short-haul aircraftraw
  • materials (metals) and finished goods
  • telecommunication products, pharmaceutical products

Austrian exports to Canada

  • Machinery and vehicles account for more than 2 / 3
  • Automotive Products 45%
  • Machine
  •  aircraft
  • Consumer goods (mainly interior and Sports)
  • Drinks
  • pharmaceuticals
  • Chemical products

Investments

Canada as a stepping stone into the NAFTA market

Ca. 100 Austrian companies use ~ 120 Canadian locations with approximately 500 employees worldwide (including approximately 30 production offices)

Austria as a stepping stone to (Central and Eastern) Europe

25 Canadian companies use ~ 40 Austrian locations (including about 20 production branches)