Country Profile

Situated in the central europe, austria is a landlocked nation which bordered by both germany, czech republic in the north, by slovakia and hungary to the east and italy by the south side. It is a political framework working under the parliamentary representative democracy with a total 9 federal states. The country encompasses of total 83,870 sq km which can be divided into 82,444 sq km & 1,426 sq km land and water area respectively. The nation's GDP has touched a mark of $319.7 billion with a GDP real growth rate of 3.3%.

Snapshot

Economic Overview

• Market oriented economy.
• Service sector contributes nearly to 40% in total export.
• Leading producer of natural magnesite.
• Major exporter of hydroelectric power.

International Trade
Major Export Items
Machinery and Equipment, Motor Vehicles and Parts, Paper and Paperboard, Chemicals.

Main Destinations of Exports
Germany, Italy , Switzerland.

Major Import Items
Machinery and Equipment, Motor Vehicles, Chemicals, Metal Goods, Oil and Oil Products.

Main Origins of Imports
Germany, Italy, Switzerland,Netherlands.

Contacts of Trade Ministries/ Associations

Business Visa Rules

• Valid passport with 6 months validity remaining along with xerox of first five pages with stamps.
• 3 application forms filled with black ink in capital letters.
• 2 recent passport size photographs, full name should be printed on back side.
• Post application along with self addressed, stamped and registered envelope. It should be addressed to Consular section at Embassy.

Business Hours
Banks:     08:30 to 12:30 & 13:30 to 15:00 ( Weekends).
Govt. Institutions: 08:30 to 12:30 & 13:30 to 15:00 ( Weekends).

Public Holidays