Czech Republic

In 2013, the value of merchandise exports of the Czech Republic increased slightly by 2.9 percent to reach 161.0 bln US$, while its merchandise imports increased slightly by 1.6 percent to reach 142.0 bln US$ (see graph 1, table 2 and table 3). The merchandise trade balance recorded a relatively small surplus of 19.0 bln US$ (see graph 1). The largest merchandise trade balance was with MDG Developed Europe at 37.3 bln US$ (see graph 4). Merchandise exports in the Czech Republic were diversified amongst partners; imports were also diversified. The top 14 partners accounted for 80 percent or more of exports and 15 partners accounted for 80 percent or more of imports (see graph 5). In 2012, the value of exports of services of the Czech Republic decreased slightly by 4.7 percent, reaching 22.1 bln US$, while its imports of services decreased slightly by 1.6 percent and reached 19.5 bln US$ (see graph 2). There was a relatively small trade in services surplus of 2.5 bln US$.

Related Subject(s): International Trade and Finance

Countries: Czech Republic