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World Trade Day - Austria

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Ann Zheng

on 3 May 2010

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Transcript of World Trade Day - Austria

Double click anywhere & add an idea Austria Austria's Economy one of the 12 richest countries in the world
(in terms of GDP per capita) has a well-developed social market economy 4th richest country within European Union (est 2004) with high standard of living, tied with other EU countries, closely tied with Germany GDP per capita: $31,300 GDP growth: 0.9% Industries primary: 2.3%
secondary: 30.8%
tertiary: 66.9% pop below poverty line: 3.9% umemployment rate: 4.4% exchange rates: Euro per US dollar - 0.8054 (2004)
- 1.0854 (2000) Main Exports:
machinery & equipment
motor vehicles & parts
paper and paperboard
metal goods
iron & steel

Main Imports:
machinery & equipment
motor vehicles
metal goods
oil and oil products

Why should Canada agree to trade with us? 1. Reputation known for innovative spirit & delivering top-quality products demands for products "Made in Austria" continues to rise overall commodity exports rose 15.3% reaching 27 billion EUR in 2006 Machinery and metal products account for roughly 26% of Austria’s total exports Austrian companies prevail in the tough global competitive arena by offering top-quality products for small niche markets 1,857 companies the Austrian machinery & metalworking industry is the single largest sector of Austria's manufacturing industry and largest employer in Austria
metal forming
metal fabrication
mechanical engineering
2. Good Ties the Austrian-Canada relationship is mature, highly productive and broadly based Canada is Austria's 22nd-largest merchandise trading partner (A$3.81 billion) Canada is the 8th largest foreign direct investor in Austria, with over $10.6 billion in stock as at the end of 2007 at the all-time record in 2004, Austria’s exports to canada increased by 27.8% Austrian companies have around 90 establishments in Canada with around 28 production plans Canada’s main imports partners are the United States, European Union, China and Mexico 3. How is the product special? designed to prevent unnecessary pollution and fuel consumption the BMW brand is regarded as the top of the line sports premium luxury car producing company in the world it is known for its sleek designs that are unique and can be identified from a distance the great looks of the BMW cars are equally matched by the powerful performance and advanced features that their cars tend to have the BMW production plant in Steyr is one that is renowned for producing high quality engines won many prized
awarded international level more than half the entire lot of BMW engines are built in Steyr 4. Does canada need this product? Canada’s Main imports are based on machinery (such as BMW diesel engines) Austria’s main exports are machinery,motor vehicles, and metal goods international trade plays a significant role in Canada’s economy Canada's Economy GDP: 1. 304 trillion GDP growth: 0.4% GDP per capita: $51,000 (2008 est) Industries primary: 2.1%
secondary: 28.8%
tertiary: 69.1% Unemployment: 8.5% tenth largest economy in the world has one of the highest levels of economic freedom in the world its combined exports and imports ranked 8th among all nations in 2006 Main Exports: Main Imports: motor vehicles & parts
industrial machinery
telecommunications equipment

machinery & equipment
motor vehicles and parts
crude oils

History The BMW X3 was manufactured in Graz, Austria between 2004 and 2007 by Magna Steyr with mainly German components.
The X3 production will be moved to the Spartanburg plant due in part to high production and transportation costs of what was meant to be the "more affordable" SUV.
North American pricing, after said costs, were nearly on par with the larger, American-built X5. What is it? the products we would like to trade with Canada are BMW’s diesel engines both 4-cylinder and 6-cylinder diesel engines are produced in Steyr, Austria the BMW X3 is also made by Magna Steyr, a subsidiary of a Canadian company, in Graz, Austria under license from BMW How is it made? Diesel engine: A diesel engine (sometimes capitalized as Diesel engine) is an internal combustion engine that uses the heat of compression to initiate ignition to burn the fuel, which is injected into the combustion chamber during the final stage of compression. since diesel engines go through a manufacturing process such as a production line, it’s considered a secondary industry The BMW Group Forschung und Technik, in cooperation with researchers in Graz and Vienna, Austria, has succeeded in developing a dedicated hydrogen combustion engine with diesel-like geometry and progressive H2 high-pressure direct injection technology. The result is an efficiency level of up to 42 percent, on par with that of the best turbodiesel engines. Our Product:
BMW diesel engine First, it will be manufactured in steyr, austria (BMW production plant). How will the product be transported? then, the product is flown by cargo plane to the Portsmouth International Airport in southern United Kingdom from there, it will be trucked (in a cargo truck) to a port it will then be shipped by boat across the North Atlantic Ocean to eastern Canada afterwards, it will be collected from the port and will be trucked to a factory where it will be further manufactured and finished finally, it will be transported to dealers in major cities What time of year is it available? it is available all year round for trade How many distributors are in canada? there are 29 dealers in Canada Auto West BMW:
13720 Smallwood Place
Richmond, British Columbia
BMW Autohaus:
4340 Highway #7
Markham, Ontario Downtown BMW:
550 Adelaide Street East
Toronto, Ontario Bibliography http://www.economywatch.com/world_economy/canada/export-import.html
Interesting Facts About BMW The Dixie, the first car from BMW was first produced in 1926 the proper slang name for a BMW car is 'bimmer', and for a BMW motorcycle is 'beamer' the new BMW M3 has a 93 horsepower increase from the older generation, making it a true performance car The 328i with a 5 speed goes a respectable 0-60 in 6.6 seconds About Austria The official language of Austria, followed through the country, is German About half of Austrian men are overweight, while around one-fifth of Austrian women are overweight Austrian flag is one of the oldest national flags in the world
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