2022
Flag  
GDP
$291BCURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP GROWTH
39.3%CURRENT US$
Rnk 83 / 186
2022
Flag
 GDP
$495BCURRENT US$
Rnk 29 / 186
2012-2022
Flag
GDP GROWTH
24.6%CURRENT US$
Rnk 111 / 186
2022
Flag
GDP PC 
$27,638CURRENT US$
Rnk 42 / 186
2012-2022
Flag
GDP PC GROWTH
39.1%CURRENT US$
Rnk 51 / 186
2022
Flag
GDP PC
$6,909CURRENT US$
Rnk 93 / 186
2012-2022
Flag
GDP PC GROWTH
20.2%CURRENT US$
Rnk 87 / 186

About

Czechia-Thailand Trade: In 2022, Czechia exported $244M to Thailand. The main products that Czechia exported to Thailand were Steam Turbines ($16.1M), Liquid Pumps ($12.4M), and Motor vehicles; parts and accessories (8701 to 8705) ($9.86M). Over the past 5 years the exports of Czechia to Thailand have increased at an annualized rate of 3.57%, from $204M in 2017 to $244M in 2022.

In 2019, Czechia exported services to Thailand worth $13.5M, with Transportation ($5.49M), Travel ($4.14M), and Other business services ($2.24M) being the largest in terms of value.

Thailand-Czechia Trade: In 2022, Thailand exported $1.2B to Czechia. The main products that Thailand exported to Czechia were Office Machine Parts ($141M), Optical Fibers and optical fibre bundles ($67.4M), and Electrical Control Boards ($60.2M). Over the past 5 years the exports of Thailand to Czechia have increased at an annualized rate of 3.31%,  from $1.02B in 2017 to $1.2B in 2022.

In 2022, Thailand did not export any services to Czechia.

Comparison: In 2022,  Czechia ranked 7 in the Economic Complexity Index (ECI 1.55), and 30 in total exports ($237B). That same year, Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 27 in total exports ($312B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Czechia exported $244M to Thailand. The main products exported from Czechia to Thailand were Steam Turbines ($16.1M), Liquid Pumps ($12.4M), and Motor vehicles; parts and accessories (8701 to 8705) ($9.86M). During the last 5 years the exports of Czechia to Thailand have increased at an annualized rate of 3.57%, from $204M in 2017 to $244M in 2022.

In 2017, Thailand exported $1.2B to Czechia. The main products exported from Thailand to Czechia were Office Machine Parts ($141M), Optical Fibers and optical fibre bundles ($67.4M), and Electrical Control Boards ($60.2M). During the last 5 years the exports of Thailand to Czechia have increased at an annualized rate of 3.31%, from $1.02B in 2022 to $1.2B in 2017.

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

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

Latest Data

Trade between Czechia (Flag) and Thailand (Flag)

Czechia Exports

Thailand Exports

Market Competitiveness

Color
Czechia
Top Destination
Germany$75.3B
Thailand
Top Destination
United States$53.4B

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

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

In 2022, countries that imported more from Thailand than Czechia included United States ($53.4B), China ($35.3B), and Japan ($24.6B).

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

Comparative Advantage Czechia - Thailand

Flow
Scale

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

During 2022, Czechia had a large net trade with Thailand in the exports of Machines ($121M), Chemical Products ($20.1M), and Transportation ($17M).

During 2017, Thailand had a large net trade with Czechia in the exports of Machines ($746M), Instruments ($110M), and Transportation ($85.7M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Czechia Thailand+$26.2MTelephones
Top Product Potential Thailand Czechia+$85.1MComputers

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with