Czech Republic

ECON COMPLEXITY (2018)

1.6

RANK 8 OF 137

PRODUCT EXPORTS (2018)

$200B

RANK 27 OF 222

EXPORTS PER CAPITA (2018)

$18.8K

RANK 117 OF 219

PRODUCT IMPORTS (2018)

$180B

RANK 28 OF 221

IMPORTS PER CAPITA (2018)

$16.9K

RANK 122 of 219

SERVICE EXPORTS (2017)

$23.1B

RANK 36 OF 139

SERVICE IMPORTS (2017)

$19.7B

RANK 40 OF 139

GDP (2018)

$245B

CURRENT US$
RANK 44 OF 196

GDP GROWTH (2008-2018)

4.03%

CURRENT US$
RANK 159 OF 196

GDP PC (2018)

$23,079

CURRENT US$
RANK 45 OF 196

GDP PC GROWTH (2008-2018)

1.67%

Overview: In 2018 Czechia was the number 44 economy in the world in terms of GDP (current US$), the number 27 in total exports, the number 28 in total imports, and the number 8 most complex economy according to the Economic Complexity Index (ECI). In 2018, Czechia exported $200B and imported $180B, resulting in a positive trade balance of $20.6B. In 2018, Czechia’s exports per capita were $18.8k and its imports per capita were $16.9k.

Trade: The top exports of Czechia are Cars ($22.7B), Vehicle Parts($15.6B), Computers ($10.8B), Broadcasting Equipment ($8.28B), and Office Machine Parts ($4.18B). The top imports of Czechia are Vehicle Parts ($10.2B), Broadcasting Equipment ($8.66B), Office Machine Parts($6.93B), Cars ($4.61B), and Computers ($4.47B).

Destinations: Czechia exports mostly to Germany ($63.7B), Slovakia($14.3B), Poland ($11.9B), France ($10.2B), and United Kingdom($9.2B), and imports mostly from Germany ($49.2B), China ($19B), Poland ($16.1B), Slovakia ($10.6B), and Italy ($7.62B).

Location: Czechia borders Austria, Germany, Poland, and Slovakia by land.

Exports

In 2018 Czechia exported a total of $200B, making it the number 27 exporter in the world. During the last five reported years the exports of Czechia have changed by $47B from $153B in 2013 to $200B in 2018.

The most recent exports are led by Cars ($22.7B), Vehicle Parts ($15.6B), Computers ($10.8B), Broadcasting Equipment ($8.28B), and Office Machine Parts ($4.18B).

Imports

In 2018 Czechia imported $180B, making it the number 28 trade destination in the world. During the last five reported years the imports of Czechia changed by $36.7B from $143B in 2013 to $180B in 2018.

The most recent imports of Czechia are led by Vehicle Parts ($10.2B), Broadcasting Equipment ($8.66B), Office Machine Parts ($6.93B), Cars ($4.61B), and Computers ($4.47B).

Destinations

The most common destination for the exports of Czechia are Germany ($63.7B), Slovakia ($14.3B), Poland ($11.9B), France ($10.2B), and United Kingdom ($9.2B).

Origins

The most common import partners for Czechia are Germany ($49.2B), China ($19B), Poland ($16.1B), Slovakia ($10.6B), and Italy ($7.62B).