2022
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GDP
$291BCURRENT US$
Rnk 46 / 186
2012-2022
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GDP GROWTH
39.3%CURRENT US$
Rnk 83 / 186
2022
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 GDP
$281BCURRENT US$
Rnk 47 / 186
2012-2022
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GDP GROWTH
8.73%CURRENT US$
Rnk 147 / 186
2022
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GDP PC 
$27,638CURRENT US$
Rnk 42 / 186
2012-2022
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GDP PC GROWTH
39.1%CURRENT US$
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2022
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GDP PC
$50,537CURRENT US$
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2012-2022
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GDP PC GROWTH
5.93%CURRENT US$
Rnk 127 / 186

About

Czechia-Finland Trade: In 2022, Czechia exported $1.22B to Finland. The main products that Czechia exported to Finland were Cars ($220M), Motor vehicles; parts and accessories (8701 to 8705) ($101M), and Computers ($38.4M). Over the past 5 years the exports of Czechia to Finland have increased at an annualized rate of 3.62%, from $1.02B in 2017 to $1.22B in 2022.

In 2019, Czechia exported services to Finland worth $234M, with Computer and information services ($122M), Transportation ($44.9M), and Travel ($42.8M) being the largest in terms of value.

Finland-Czechia Trade: In 2022, Finland exported $617M to Czechia. The main products that Finland exported to Czechia were Propylene Polymers ($32.3M), Kaolin Coated Paper ($30.5M), and Precious Metal Scraps ($28M). Over the past 5 years the exports of Finland to Czechia have increased at an annualized rate of 12.2%,  from $347M in 2017 to $617M in 2022.

In 2020, Finland exported services to Czechia worth $128M, with Computer and information services ($67.4M), Other business services ($35.4M), and Transportation ($10.3M) being the largest in terms of value.

Comparison: In 2022,  Czechia ranked 7 in the Economic Complexity Index (ECI 1.55), and 30 in total exports ($237B). That same year, Finland ranked 13 in the Economic Complexity Index (ECI 1.41), and 46 in total exports ($89.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Czechia exported $1.22B to Finland. The main products exported from Czechia to Finland were Cars ($220M), Motor vehicles; parts and accessories (8701 to 8705) ($101M), and Computers ($38.4M). During the last 5 years the exports of Czechia to Finland have increased at an annualized rate of 3.62%, from $1.02B in 2017 to $1.22B in 2022.

In 2017, Finland exported $617M to Czechia. The main products exported from Finland to Czechia were Propylene Polymers ($32.3M), Kaolin Coated Paper ($30.5M), and Precious Metal Scraps ($28M). During the last 5 years the exports of Finland to Czechia have increased at an annualized rate of 12.2%, from $347M in 2022 to $617M in 2017.

Exports from Czechia (Flag) to Finland (Flag) (2022)

Exports from Finland (Flag) to Czechia (Flag) (2022)

Latest Data

Trade between Czechia (Flag) and Finland (Flag)

Czechia Exports

Finland Exports

Market Competitiveness

Color
Czechia
Top Destination
Germany$75.3B
Finland
Top Destination
Germany$9.99B

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

In 2022, countries that imported more from Czechia than Finland included Germany ($75.3B), Slovakia ($19.7B), and Poland ($16.2B).

In 2022, countries that imported more from Finland than Czechia included Sweden ($9.1B), Estonia ($3.58B), and United States ($9.17B).

Difference in imports from Finland (Flag) and Czechia (Flag) (2022)

Comparative Advantage Czechia - Finland

Flow
Scale

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

During 2022, Czechia had a large net trade with Finland in the exports of Machines ($424M), Transportation ($339M), and Metals ($159M).

During 2017, Finland had a large net trade with Czechia in the exports of Machines ($160M), Metals ($128M), and Plastics and Rubbers ($85.7M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Czechia Finland+$51.1MCars
Top Product Potential Finland Czechia+$15.3MTelephones

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 Finland worth $234M, with Computer and information services ($122M), Transportation ($44.9M), and Travel ($42.8M) being the largest in terms of value.

In 2020, Finland exported services to Czechia worth $128M, with Computer and information services ($67.4M), Other business services ($35.4M), and Transportation ($10.3M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

Product Space of Czechia (Flag) and Finland (Flag) (2022)

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