Germany (DEU) and Czechia (CZE) Trade

Germany-Czechia Trade: In 2022, Germany exported $52.7B to Czechia. The main products that Germany exported to Czechia were Motor vehicles; parts and accessories (8701 to 8705) ($3.16B), Refined Petroleum ($2.6B), and Cars ($1.84B). Over the past 5 years the exports of Germany to Czechia have increased at an annualized rate of 3.38%, from $44.6B in 2017 to $52.7B in 2022.

In 2020, Germany exported services to Czechia worth $4.68B, with Other business services ($1.8B), Transportation ($1.23B), and Travel ($655M) being the largest in terms of value.

Czechia-Germany Trade: In 2022, Czechia exported $75.3B to Germany. The main products that Czechia exported to Germany were Broadcasting Equipment ($6.22B), Cars ($5.82B), and Motor vehicles; parts and accessories (8701 to 8705) ($5.69B). Over the past 5 years the exports of Czechia to Germany have increased at an annualized rate of 3.05%, from $57.5B in 2017 to $75.3B in 2022.

In 2019, Czechia exported services to Germany worth $4.8B, with Travel ($1.53B), Other business services ($1.19B), and Transportation ($1.14B) being the largest in terms of value.

Comparison: In 2022, Germany ranked 5 in the Economic Complexity Index (ECI 1.78), and 3 in total exports ($1.6T). That same year, Czechia ranked 7 in the Economic Complexity Index (ECI 1.55), and 30 in total exports ($237B).

Latest Trends

August, 2024

About

Overview In August 2024, Germany exported €4.27B and imported €4.77B from Czechia, resulting in a negative trade balance of €505M. Between August 2023 and August 2024 the exports of Germany have decreased by €-15.2M (-0.36%) from €4.28B to €4.27B, while imports increased by €935k (0.02%) from €4.77B to €4.77B.

Trade In August 2024, the top exports of Germany to Czechia were Machinery for electricity production, distribution (€354M), Chassis, bodies, engines etc. for motor... (€345M), Estimations for non-response (€197M), Mineral oil products (€180M), and Articles of plastic (€158M). In August 2024 the top imports of Germany from Czechia were Motor cars and motor caravans (€584M), Chassis, bodies, engines etc. for motor... (€528M), Machinery for electricity production, distribution (€524M), Estimations for non-response (€310M), and Other articles of iron, iron sheet,... (€207M).

Origins In August 2024 the exports of Germany were mainly from North Rhine-Westphalia (€646M), Bavaria (€613M), Baden-Württemberg (€481M), Lower Saxony (€363M), and Saxony (€262M), while imports destinations were mainly Bavaria (€1.15B), Baden-Württemberg (€772M), North Rhine-Westphalia (€738M), Lower Saxony (€660M), and Saxony (€391M).

Growth In August 2024, the decrease in Germany's year-by-year exports to Czechia was explained primarily by an decrease in product exports in Petroleum oil and petroleum gases (€-166M or -73.4%), Office and automatic data processing machines (€-62.8M or -36.9%), and Other semi-finished products (€-37.9M or -29.6%). In August 2024, the increase in Germany's year-by-year imports from Czechia was explained primarily by an increase in product imports in Estimations for non-response (€190M or 158%), Machinery for electricity production, distribution (€174M or 49.5%), and Motor cars and motor caravans (€173M or 42.2%).

Latest Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (August 2023 - August 2024)€-15.2M(-0.36%)

IMPORT GROWTH (August 2023 - August 2024)€935k(0.02%)

MAIN EXPORTER (August 2024)North Rhine-Westphalia€646M

This section shows exports and imports data at subnational level for Germany. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Germany over time.

To check Czechia and Germany trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Germany exported $52.7B to Czechia. The main products exported from Germany to Czechia were Motor vehicles; parts and accessories (8701 to 8705) ($3.16B), Refined Petroleum ($2.6B), and Cars ($1.84B). During the last 5 years the exports of Germany to Czechia have increased at an annualized rate of 3.38%, from $44.6B in 2017 to $52.7B in 2022.

In 2017, Czechia exported $75.3B to Germany. The main products exported from Czechia to Germany were Broadcasting Equipment ($6.22B), Cars ($5.82B), and Motor vehicles; parts and accessories (8701 to 8705) ($5.69B). During the last 5 years the exports of Czechia to Germany have increased at an annualized rate of 3.05%, from $57.5B in 2022 to $75.3B in 2017.

Exports from Germany () to Czechia () (2022)

Exports from Czechia () to Germany () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Germany
Top DestinationUnited States$153B

Czechia
Top DestinationGermany$75.3B

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

In 2022, countries that imported more from Germany than Czechia included United States ($153B), France ($120B), and China ($109B).

In 2022, countries that imported more from Czechia than Germany included Slovakia ($19.7B), Saint Helena ($1.59M), and Samoa ($2.1M).

Difference in imports from Czechia () and Germany () (2022)

Comparative Advantage Germany - Czechia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Germany had a large net trade with Czechia in the exports of Machines ($16.5B), Transportation ($6.26B), and Metals ($6.19B).

During 2017, Czechia had a large net trade with Germany in the exports of Machines ($31.3B), Transportation ($12.6B), and Metals ($7.08B).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Germany Czechia+$764MCars

Top Product Potential Czechia Germany+$1.73BCars

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

Cze Year

Deu Year

In 2020, Germany exported services to Czechia worth $4.68B, with Other business services ($1.8B), Transportation ($1.23B), and Travel ($655M) being the largest in terms of value.

In 2019, Czechia exported services to Germany worth $4.8B, with Travel ($1.53B), Other business services ($1.19B), and Transportation ($1.14B) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

Service Trade

Economic Complexity

Competitive Landscape

Year

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

Product Space of Germany () and Czechia () (2022)

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