Trade Trend

In 2023, Czech Republic's total export value is 255.90Billion USD, total import value is 231.40Billion USD, Surplus is 24.50Billion USD, and foreign trade dependency is 1.473. In 2023，Czech Republic's top export products are Motor cars and other motor vehicles; principally designed for the transport of persons (other than those of heading no. 8702), including station wagons and racing cars(31.70Billion USD), Motor vehicles; parts and accessories, of heading no. 8701 to 8705(17.03Billion USD), Telephone sets, including smartphones and other telephones for cellular/wireless networks; other apparatus for the transmission or reception of voice, images or other data (including wired/wireless networks), excluding items of 8443, 8525, 8527, or 8528(16.85Billion USD), top export destinations are Germany(83.80Billion USD), Slovakia(19.97Billion USD), Poland(18.66Billion USD). In 2023, Czech Republic's top import products are Telephone sets, including smartphones and other telephones for cellular/wireless networks; other apparatus for the transmission or reception of voice, images or other data (including wired/wireless networks), excluding items of 8443, 8525, 8527, or 8528(15.02Billion USD), Motor vehicles; parts and accessories, of heading no. 8701 to 8705(12.80Billion USD), Automatic data processing machines and units thereof, magnetic or optical readers, machines for transcribing data onto data media in coded form and machines for processing such data, not elsewhere specified or included(8.39Billion USD), top import origins are Germany(60.96Billion USD), China(27.47Billion USD), Poland(21.63Billion USD).

Comparing to 2022, Czech Republic's total export value increased 13.89Billion USD(5.74%) in 2023, this could result from its export increases of products such as Motor cars and other motor vehicles; principally designed for the transport of persons (other than those of heading no. 8702), including station wagons and racing cars(6.49Billion USD or 25.75%), Motor vehicles; parts and accessories, of heading no. 8701 to 8705(2.55Billion USD or 17.60%), Electric accumulators, including separators therefor; whether or not rectangular (including square)(1.37Billion USD or 43.09%) and export increases to countries/economics such as Germany(4.64Billion USD or 5.86%), Poland(1.65Billion USD or 9.70%), France(1.12Billion USD or 10.02%). Comparing to 2022, Czech Republic's total import value decreased -5.26Billion USD(-2.22%) in 2023, this could result from its import decreases of products such as Petroleum gases and other gaseous hydrocarbons(-5.83Billion USD or -59.07%), Automatic data processing machines and units thereof, magnetic or optical readers, machines for transcribing data onto data media in coded form and machines for processing such data, not elsewhere specified or included(-2.06Billion USD or -19.67%), Telephone sets, including smartphones and other telephones for cellular/wireless networks; other apparatus for the transmission or reception of voice, images or other data (including wired/wireless networks), excluding items of 8443, 8525, 8527, or 8528(-1.07Billion USD or -6.66%), and its import decreases from countries/economies such as China(-4.05Billion USD or -12.86%), Germany(-3.27Billion USD or -5.08%), None(-1.75Billion USD or -42.70%).

Cumulated to first 7 months of 2024, Czech Republic's total export value is 89.88Billion USD, total import value is 79.34Billion USD, and tradesurplus is 10.54Billion USD. Cumulated to first 7 months of 2024, Czech Republic's top export products are Motor cars and other motor vehicles; principally designed for the transport of persons (other than those of heading no. 8702), including station wagons and racing cars(12.13Billion USD), Telephone sets, including smartphones and other telephones for cellular/wireless networks; other apparatus for the transmission or reception of voice, images or other data (including wired/wireless networks), excluding items of 8443, 8525, 8527, or 8528(6.63Billion USD), Motor vehicles; parts and accessories, of heading no. 8701 to 8705(5.98Billion USD), and top export destinations are Germany(28.46Billion USD), Poland(6.60Billion USD), Slovakia(6.31Billion USD). Cumulated to first 7 months of 2024, Czech Republic's top import products are Motor cars and other motor vehicles; principally designed for the transport of persons (other than those of heading no. 8702), including station wagons and racing cars(12.13Billion USD), Telephone sets, including smartphones and other telephones for cellular/wireless networks; other apparatus for the transmission or reception of voice, images or other data (including wired/wireless networks), excluding items of 8443, 8525, 8527, or 8528(6.63Billion USD), Motor vehicles; parts and accessories, of heading no. 8701 to 8705(5.98Billion USD), and top import origins areGermany(20.01Billion USD), China(10.21Billion USD), Poland(7.02Billion USD).