{"id":10550,"date":"2025-07-15T15:03:46","date_gmt":"2025-07-15T13:03:46","guid":{"rendered":"http:\/\/ic-steiermark.at.w02242c6.kasserver.com\/news\/2024-export-balance-styria-remains-at-the-forefront\/"},"modified":"2026-11-03T15:28:24","modified_gmt":"2026-11-03T14:28:24","slug":"2024-export-balance-styria-remains-at-the-forefront","status":"publish","type":"news","link":"https:\/\/www.ic-steiermark.at\/en\/news\/2024-export-balance-styria-remains-at-the-forefront\/","title":{"rendered":"2024 Export Balance: Styria Remains at the Forefront"},"content":{"rendered":"
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In 2024, Styrian companies generated the highest trade balance surplus ever recorded for our federal state, meaning that the external sector made a substantial contribution to value creation in Styria even in this difficult year. Naturally, two less positive factors lie behind this respectable result, namely the decline in imports, which points to relatively weak domestic economic activity, and a decline in total exports, which, however, was surprisingly modest at -2.1%. It is notable that difficulties in some sectors could be relatively well offset by strongly rising exports in others. It is also notable that, alongside traditional overseas markets such as the USA and China, other third markets such as India, Indonesia, and Mexico are gaining in importance. Last year’s export growth of 23% to the USA is likely also attributable to special factors, namely the uncertainties surrounding US tariff policy.<\/p>\n<\/div>\n <\/div>\n\n <\/div>\n <\/div>\n <\/div>\n

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Despite a noticeable decline in Austrian foreign trade in 2024, Styria is proving economically resilient. With an export volume of 28.28 billion euros, the decline stands at a moderate -2.1% \u2013 significantly better than the national average of -4.9%. The trade balance also remains clearly positive: +7.3 billion euros \u2013 a strong signal of international competitiveness.<\/p>\n<\/div>\n <\/div>\n\n <\/div>\n <\/div>\n <\/div>\n

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“The 2024 foreign trade results demonstrate the need to further diversify the Styrian economy, both structurally and geographically. Together with our partners, we will align our programs accordingly in the interest of risk diversification.”<\/p>\n<\/div>\n

Karl Hartleb, Managing Director of ICS<\/p>\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n

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Styria has recorded a positive trade balance (exports minus imports) for the years 2010 to 2024. This rose to 7.3 billion euros in 2024 (2023: 7.1). As in previous years, Styria thus ranks second behind Upper Austria, which recorded +11.8 billion euros.<\/p>\n<\/div>\n <\/div>\n\n <\/div>\n <\/div>\n <\/div>\n

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