2023
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GDP
$343BCURRENT US$
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2013-2023
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GDP GROWTH
61.1%CURRENT US$
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2023
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 GDP
$645BCURRENT US$
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2013-2023
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GDP GROWTH
23%CURRENT US$
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2023
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GDP PC 
$31,591CURRENT US$
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2013-2023
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GDP PC GROWTH
55.9%CURRENT US$
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2023
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GDP PC
$54,701CURRENT US$
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2013-2023
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GDP PC GROWTH
16.5%CURRENT US$
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About

Czechia-Belgium Trade: In 2023, Czechia exported $5.06B to Belgium. The main products that Czechia exported to Belgium were Cars ($1.34B), Air Conditioners ($322M), and Motor vehicles; parts and accessories (8701 to 8705) ($310M). Over the past 5 years the exports of Czechia to Belgium have increased at an annualized rate of 3.4%, from $4.28B in 2018 to $5.06B in 2023.

In 2019, Czechia exported services to Belgium worth $726M, with Transportation ($316M), Other business services ($276M), and Travel ($59.3M) being the largest in terms of value.

Belgium-Czechia Trade: In 2023, Belgium exported $3.67B to Czechia. The main products that Belgium exported to Czechia were Beauty Products ($174M), Vaccines, blood, antisera, toxins and cultures ($147M), and Packaged Medicaments ($119M). Over the past 5 years the exports of Belgium to Czechia have increased at an annualized rate of 4.76%,  from $2.91B in 2018 to $3.67B in 2023.

In 2020, Belgium exported services to Czechia worth $686M, with Other business services ($305M), Computer and information services ($155M), and Transportation ($97.1M) being the largest in terms of value.

Comparison: In 2023,  Czechia ranked 7 in the Economic Complexity Index (ECI 1.6), and 30 in total exports ($224B). That same year, Belgium ranked 20 in the Economic Complexity Index (ECI 1.23), and 13 in total exports ($437B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Czechia exported $5.06B to Belgium. The main products exported from Czechia to Belgium were Cars ($1.34B), Air Conditioners ($322M), and Motor vehicles; parts and accessories (8701 to 8705) ($310M). During the last 5 years the exports of Czechia to Belgium have increased at an annualized rate of 3.4%, from $4.28B in 2018 to $5.06B in 2023.

In 2018, Belgium exported $3.67B to Czechia. The main products exported from Belgium to Czechia were Beauty Products ($174M), Vaccines, blood, antisera, toxins and cultures ($147M), and Packaged Medicaments ($119M). During the last 5 years the exports of Belgium to Czechia have increased at an annualized rate of 4.76%, from $2.91B in 2023 to $3.67B in 2018.

Exports from Czechia (Flag) to Belgium (Flag) (2023)

Exports from Belgium (Flag) to Czechia (Flag) (2023)

Latest Data

Trade between Czechia (Flag) and Belgium (Flag)

Czechia Exports

Belgium Exports

Market Competitiveness

Color
Czechia
Top Destination
Germany$64.2B
Belgium
Top Destination
France$85.6B

This map shows whether countries import more from Czechia or Belgium. Each country is colored based on the difference in imports they receive from Czechia and Belgium or the difference in the growth in imports.

In 2023, countries that imported more from Czechia than Belgium included Slovakia ($15.8B), Austria ($9.42B), and Poland ($13.8B).

In 2023, countries that imported more from Belgium than Czechia included France ($85.6B), Netherlands ($67.3B), and Italy ($27.7B).

Difference in imports from Belgium (Flag) and Czechia (Flag) (2023)

Comparative Advantage Czechia - Belgium

Flow
Scale

This chart compares trade between Czechia and Belgium by product, considering products traded by both, Czechia and Belgium.

During 2023, Czechia had a large net trade with Belgium in the exports of Transportation ($1.69B), Machines ($1.41B), and Metals ($332M).

During 2018, Belgium had a large net trade with Czechia in the exports of Chemical Products ($856M), Plastics and Rubbers ($669M), and Metals ($424M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Czechia Belgium+$227MCars
Top Product Potential Belgium Czechia+$92.7MCars

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Bilateral Service Trade

In 2019, Czechia exported services to Belgium worth $726M, with Transportation ($316M), Other business services ($276M), and Travel ($59.3M) being the largest in terms of value.

In 2020, Belgium exported services to Czechia worth $686M, with Other business services ($305M), Computer and information services ($155M), and Transportation ($97.1M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Czechia (Flag) to Belgium (Flag) (2019)

Services Exports from Belgium (Flag) to Czechia (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Czechia and Belgium. This means that a dot/product with the flag of Czechia indicates it has a comparative advantage over Belgium. Similarly, a dot/product with the flag of Belgium indicates it has a comparative advantage over Czechia.

Product Space of Czechia (Flag) and Belgium (Flag) (2023)

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