Last year's drop was particularly noticeable for export-oriented economies such as Austria's and the Czech Republic's. All the more should the drop affect the main areas, such as the category of Machines and Means of Transport, which is the most important with a 30% share of exports and a 37% share of imports. According to the Austrian statistical office, Statistik Austria, exports in this category dropped 31% and imports fell 20%. After the crisis year, there are signs of growth in mutual business relations. Industrial production in the Czech Republic grew 7.5% year on year in the first quarter and 12.3% in the second quarter, according to the CSU. As a result of this, in the first quarter there was a slight revival of trade between the Czech Republic and Austria. According to the figures from the Austrian Chamber of Commerce, the volume of exports from Austria to the Czech Republic increased 3.9% in that period and the volume of imports to Austria from the Czech Republic was 6.8% higher. The Czech Republic is an important Austrian partner and it is also valid vice versa. In the first quarter of 2010, the Czech Republic, with a 3.6% share, was behind Germany, Italy, Switzerland, the United States, and France, the sixth most frequent destination of Austrian exports. For the Czech Republic, Austria, with a 3.4% share, represents the ninth largest exporter. For Czech exporters in the first quarter, Austria was the seventh most important country, behind Germany, Slovakia, Poland, France, Italy, and the United Kingdom.



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