Czechia (CZE) and Russia (RUS) Trade | The Observatory of Economic Complexity

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Czechia-Russia Trade: In 2023, Czechia exported $731M to Russia. The main products that Czechia exported to Russia were Packaged Medicaments ($109M), Carboxylic Acids ($49.6M), and Beer ($32.9M). Over the past 5 years the exports of Czechia to Russia have decreased at an annualized rate of 28.9%, from $4.02B in 2018 to $731M in 2023.

In 2019, Czechia exported services to Russia worth $1.19B, with Travel ($605M), Transportation ($430M), and Other business services ($39.5M) being the largest in terms of value.

Russia-Czechia Trade: In 2023, Russia exported $3.47B to Czechia. The main products that Russia exported to Czechia were Crude Petroleum ($2.05B), Petroleum Gas ($475M), and Nuclear Reactors ($310M). Over the past 5 years the exports of Russia to Czechia have decreased at an annualized rate of 9.85%, from $5.82B in 2018 to $3.47B in 2023.

In 2020, Russia exported services to Czechia worth $284M, with Computer and information services ($102M), Other business services ($61.5M), and Transportation ($50.2M) 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, Russia ranked 50 in the Economic Complexity Index (ECI 0.3), and 18 in total exports ($394B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Czechia exported $731M to Russia. The main products exported from Czechia to Russia were Packaged Medicaments ($109M), Carboxylic Acids ($49.6M), and Beer ($32.9M). During the last 5 years the exports of Czechia to Russia have decreased at an annualized rate of 28.9%, from $4.02B in 2018 to $731M in 2023.

In 2018, Russia exported $3.47B to Czechia. The main products exported from Russia to Czechia were Crude Petroleum ($2.05B), Petroleum Gas ($475M), and Nuclear Reactors ($310M). During the last 5 years the exports of Russia to Czechia have decreased at an annualized rate of 9.85%, from $5.82B in 2023 to $3.47B in 2018.

Exports from Czechia () to Russia () (2023)

Exports from Russia () to Czechia () (2023)

Latest Data

Trade between Czechia () and Russia ()

Czechia Exports

Date

Russia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Czechia
Top DestinationGermany$64.2B

Russia
Top DestinationChina$129B

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

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

In 2023, countries that imported more from Russia than Czechia included China ($129B), India ($66.1B), and Turkey ($31B).

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

Comparative Advantage Czechia - Russia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Czechia had a large net trade with Russia in the exports of Chemical Products ($256M), Machines ($172M), and Foodstuffs ($67.4M).

During 2018, Russia had a large net trade with Czechia in the exports of Mineral Products ($2.53B), Metals ($403M), and Machines ($318M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Czechia Russia+$96.5MMotor vehicles; parts and accessories (8701 to 8705)

Top Product Potential Russia Czechia+$449MCrude 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

Rus Year

Cze Year

In 2019, Czechia exported services to Russia worth $1.19B, with Travel ($605M), Transportation ($430M), and Other business services ($39.5M) being the largest in terms of value.

In 2020, Russia exported services to Czechia worth $284M, with Computer and information services ($102M), Other business services ($61.5M), and Transportation ($50.2M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

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Historical Data

Bilateral Trade by Products

Exports from Czechia () to Russia () (2023)

Exports from Russia () to Czechia () (2023)

Latest Data

Trade between Czechia () and Russia ()

Czechia Exports

Russia Exports

Market Competitiveness

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

Comparative Advantage Czechia - Russia

Potential Exports

Potential Exports

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Bilateral Service Trade

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

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

Service Trade

Economic Complexity

Competitive Landscape

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

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