2023
Flag  
GDP
$343BCURRENT US$
Rnk 44 / 195
2013-2023
Flag
GDP GROWTH
61.1%CURRENT US$
Rnk 55 / 195
2023
Flag
 GDP
$2.14TCURRENT US$
Rnk 10 / 195
2013-2023
Flag
GDP GROWTH
16%CURRENT US$
Rnk 150 / 195
2023
Flag
GDP PC 
$31,591CURRENT US$
Rnk 45 / 195
2013-2023
Flag
GDP PC GROWTH
55.9%CURRENT US$
Rnk 36 / 195
2023
Flag
GDP PC
$53,431CURRENT US$
Rnk 22 / 196
2013-2023
Flag
GDP PC GROWTH
1.51%CURRENT US$
Rnk 152 / 195

About

Czechia-Canada Trade: In 2023, Czechia exported $697M to Canada. The main products that Czechia exported to Canada were Iron Railway Products ($40.7M), Broadcasting Equipment ($33.2M), and Motor vehicles; parts and accessories (8701 to 8705) ($30.2M). Over the past 5 years the exports of Czechia to Canada have increased at an annualized rate of 3.5%, from $587M in 2018 to $697M in 2023.

In 2019, Czechia exported services to Canada worth $131M, with Travel ($56.2M), Transportation ($50.8M), and Other business services ($13.7M) being the largest in terms of value.

Canada-Czechia Trade: In 2023, Canada exported $379M to Czechia. The main products that Canada exported to Czechia were Coal Briquettes ($72.3M), Packaged Medicaments ($58M), and Planes, Helicopters, and/or Spacecraft ($44.6M). Over the past 5 years the exports of Canada to Czechia have increased at an annualized rate of 2.25%,  from $339M in 2018 to $379M in 2023.

In 2020, Canada exported services to Czechia worth $12.7M, with Royalties and license fees ($9.69M), Computer and information services ($1.49M), and Communications services ($746k) 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, Canada ranked 30 in the Economic Complexity Index (ECI 0.9), and 10 in total exports ($574B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Czechia exported $697M to Canada. The main products exported from Czechia to Canada were Iron Railway Products ($40.7M), Broadcasting Equipment ($33.2M), and Motor vehicles; parts and accessories (8701 to 8705) ($30.2M). During the last 5 years the exports of Czechia to Canada have increased at an annualized rate of 3.5%, from $587M in 2018 to $697M in 2023.

In 2018, Canada exported $379M to Czechia. The main products exported from Canada to Czechia were Coal Briquettes ($72.3M), Packaged Medicaments ($58M), and Planes, Helicopters, and/or Spacecraft ($44.6M). During the last 5 years the exports of Canada to Czechia have increased at an annualized rate of 2.25%, from $339M in 2023 to $379M in 2018.

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

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

Latest Data

Trade between Czechia (Flag) and Canada (Flag)

Czechia Exports

Canada Exports

Market Competitiveness

Color
Czechia
Top Destination
Germany$64.2B
Canada
Top Destination
United States$410B

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

In 2023, countries that imported more from Czechia than Canada included Germany ($64.2B), Slovakia ($15.8B), and Poland ($13.8B).

In 2023, countries that imported more from Canada than Czechia included United States ($410B), China ($31.1B), and Japan ($13.4B).

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

Comparative Advantage Czechia - Canada

Flow
Scale

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

During 2023, Czechia had a large net trade with Canada in the exports of Machines ($309M), Metals ($101M), and Plastics and Rubbers ($56.3M).

During 2018, Canada had a large net trade with Czechia in the exports of Chemical Products ($109M), Mineral Products ($75.9M), and Transportation ($54M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Czechia Canada+$48.8MMotor vehicles; parts and accessories (8701 to 8705)
Top Product Potential Canada Czechia+$21.3MCars

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 Canada worth $131M, with Travel ($56.2M), Transportation ($50.8M), and Other business services ($13.7M) being the largest in terms of value.

In 2020, Canada exported services to Czechia worth $12.7M, with Royalties and license fees ($9.69M), Computer and information services ($1.49M), and Communications services ($746k) being the largest in terms of value.

Service trade data is presented based on availability.

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

Services Exports from Canada (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 Canada. This means that a dot/product with the flag of Czechia indicates it has a comparative advantage over Canada. Similarly, a dot/product with the flag of Canada indicates it has a comparative advantage over Czechia.

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

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