Czechia (CZE) and Greece (GRC) Trade | The Observatory of Economic Complexity

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Czechia-Greece Trade: In 2023, Czechia exported $706M to Greece. The main products that Czechia exported to Greece were Cars ($170M), Packaged Medicaments ($37.2M), and Cleaning Products ($24.2M). Over the past 5 years the exports of Czechia to Greece have increased at an annualized rate of 6.9%, from $506M in 2018 to $706M in 2023.

In 2019, Czechia exported services to Greece worth $90.9M, with Travel ($51.2M), Transportation ($21.7M), and Other business services ($9.18M) being the largest in terms of value.

Greece-Czechia Trade: In 2023, Greece exported $498M to Czechia. The main products that Greece exported to Czechia were Packaged Medicaments ($96.9M), Spring, Air, and Gas Guns ($45.3M), and Aluminium Plating ($27.3M). Over the past 5 years the exports of Greece to Czechia have increased at an annualized rate of 9.88%, from $311M in 2018 to $498M in 2023.

In 2020, Greece exported services to Czechia worth $89.1M, with Travel ($55.3M), Transportation ($8.79M), and Other business services ($7.54M) 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, Greece ranked 46 in the Economic Complexity Index (ECI 0.4), and 56 in total exports ($53.3B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Czechia exported $706M to Greece. The main products exported from Czechia to Greece were Cars ($170M), Packaged Medicaments ($37.2M), and Cleaning Products ($24.2M). During the last 5 years the exports of Czechia to Greece have increased at an annualized rate of 6.9%, from $506M in 2018 to $706M in 2023.

In 2018, Greece exported $498M to Czechia. The main products exported from Greece to Czechia were Packaged Medicaments ($96.9M), Spring, Air, and Gas Guns ($45.3M), and Aluminium Plating ($27.3M). During the last 5 years the exports of Greece to Czechia have increased at an annualized rate of 9.88%, from $311M in 2023 to $498M in 2018.

Exports from Czechia () to Greece () (2023)

Exports from Greece () to Czechia () (2023)

Latest Data

Trade between Czechia () and Greece ()

Czechia Exports

Date

Greece Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Czechia
Top DestinationGermany$64.2B

Greece
Top DestinationItaly$6.21B

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

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

In 2023, countries that imported more from Greece than Czechia included Cyprus ($3.03B), Libya ($1.71B), and Lebanon ($1.78B).

Difference in imports from Greece () and Czechia () (2023)

Comparative Advantage Czechia - Greece

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Czechia had a large net trade with Greece in the exports of Transportation ($179M), Machines ($150M), and Chemical Products ($106M).

During 2018, Greece had a large net trade with Czechia in the exports of Chemical Products ($123M), Metals ($108M), and Vegetable Products ($60.9M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Czechia Greece+$53.3MCars

Top Product Potential Greece Czechia+$27.3MRefined Petroleum

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

Grc Year

Cze Year

In 2019, Czechia exported services to Greece worth $90.9M, with Travel ($51.2M), Transportation ($21.7M), and Other business services ($9.18M) being the largest in terms of value.

In 2020, Greece exported services to Czechia worth $89.1M, with Travel ($55.3M), Transportation ($8.79M), and Other business services ($7.54M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Czechia () to Greece () (2019)

Services Exports from Greece () to Czechia () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Czechia () to Greece () (2023)

Exports from Greece () to Czechia () (2023)

Latest Data

Trade between Czechia () and Greece ()

Czechia Exports

Greece Exports

Market Competitiveness

Difference in imports from Greece () and Czechia () (2023)

Comparative Advantage Czechia - Greece

Potential Exports

Potential Exports

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Bilateral Service Trade

Services Exports from Czechia () to Greece () (2019)

Services Exports from Greece () to Czechia () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Product Space of Czechia () and Greece () (2023)

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