Export to foreign markets can lead to a number of difficulties as well as risks, which may be difficult to cope with for small and medium-sized enterprises. Also, export activities lead to complex decisions which, in SMEs, are made by single deciders. Therefore, SMEs are concerned with difficulties which come from Psychic Distance. Even though Psychic Distance was first introduced by Beckerman (1956), scientists from Uppsala have helped in explaining the concept in the 1970s. They saw internationalization as a process of different incremental steps which were different in the grade of participation on foreign markets. Along with this, they explained Psychic Distance as the sum of factors preventing the information flow between the company and the foreign market. The underlying master theses uses the definition of Sousa and Bradley (2005), who see Psychic Distance as something in the mind of individuals which is shaped by the individual perception of their environment. Psychic Distance is measured by the individuals perception of differences between home and foreign market along seven categories. Export performance could be measured by using financial indicators. Studies from the past suggest measurement of individuals perception on financial performance, achievement of strategic goals as well as perception of success like described by Styles (1998). In the underlying thesis, an online questionnaire was sent to 5341 Austrian SMUs. The answers of 90 completed questionnaires were then used to calculate variables on Psychic Distance and export performance. The research question “What is the influence of Psychic Distance on Austrian SMEs export performance” has been answered and the hypothesis “There is a negative connection between Psychic Distance and export performance” has been checked. While the hypothesis has been rejected, several deep insights could be gained of the influence of single parts of Psychic Distance on single parts of export performance.