Germany (DEU) and Czechia (CZE) Trade | OEC - The Observatory of Economic Complexity

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Germany-Czechia In 2020, Germany exported $42.2B to Czechia. The main products that Germany exported to Czechia are Motor vehicles; parts and accessories (8701 to 8705) ($3.15B), Broadcasting Equipment ($1.47B), and Office Machine Parts ($1.26B). During the last 25 years the exports of Germany to Czechia have increased at an annualized rate of 6.78%, from $8.19B in 1995 to $42.2B in 2020.

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 In 2020, Czechia exported $60.6B to Germany. The main products that Czechia exported to Germany were Cars ($6.12B), Motor vehicles; parts and accessories (8701 to 8705) ($5.06B), and Computers ($4.48B). During the last 25 years the exports of Czechia to Germany have increased at an annualized rate of 8.3%, from $8.26B in 1995 to $60.6B in 2020.

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 2020, Germany ranked 4 in the Economic Complexity Index (ECI 1.88), and 3 in total exports ($1.33T). That same year, Czechia ranked 8 in the Economic Complexity Index (ECI 1.57), and 27 in total exports ($190B).

Latest Trends

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December, 2020

About

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Overview In December 2020, Germany exported €3.19B and imported €3.88B from Czechia, resulting in a negative trade balance of €689M. Between December 2019 and December 2020 the exports of Germany have decreased by €-19.4M (-0.6%) from €3.21B to €3.19B, while imports increased by €548M (16.5%) from €3.33B to €3.88B.

Trade In December 2020, the top exports of Germany to Czechia were . In December 2020 the top imports of Germany from Czechia were .

Origins In December 2020 the exports of Germany were mainly from N/A, while imports destinations were mainly N/A.

Growth In December 2020, the decrease in Germany's year-by-year exports to Czechia was explained primarily by an decrease in product exports in . In December 2020, the increase in Germany's year-by-year imports from Czechia was explained primarily by an increase in product imports in .

Latest Trade

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Flow

Time Scale

Value

EXPORT GROWTH (December 2019 - December 2020): €-19.4M, (-0.6%)

IMPORT GROWTH (December 2019 - December 2020): €548M, (16.5%)

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

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Bilateral Trade by Products

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Depth

Value

Year

In 2020, Germany exported $42.2B to Czechia. The main products exported from Germany to Czechia were Motor vehicles; parts and accessories (8701 to 8705) ($3.15B), Broadcasting Equipment ($1.47B), and Office Machine Parts ($1.26B). During the last 25 years the exports of Germany to Czechia have increased at an annualized rate of 6.78%, from $8.19B in 1995 to $42.2B in 2020.

In 2020, Czechia exported $60.6B to Germany. The main products exported from Czechia to Germany were Cars ($6.12B), Motor vehicles; parts and accessories (8701 to 8705) ($5.06B), and Computers ($4.48B). During the last 25 years the exports of Czechia to Germany have increased at an annualized rate of 8.3%, from $8.26B in 1995 to $60.6B in 2020.

Market Competitiveness

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Measure

SectionYear

Germany
Top Destination: United States, $116B

Czechia
Top Destination: Germany, $60.6B

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 2019, countries that imported more from Germany than Czechia were United States ($116B), China ($106B), and France ($101B).

In 2019, countries that imported more from Czechia than Germany were Bahrain ($17.2M), Saint Helena ($1.06M), and Samoa ($708k).

Comparative Advantage Germany - Czechia

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Flow

Scale

Year

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

During 2020, Germany had a large net trade with Czechia in the exports of Machines ($15.6B), Transportation ($5.05B), and Metals ($4.4B).

During 2020, Czechia had a large net trade with Germany in the exports of Machines ($25.6B), Transportation ($12B), and Metals ($5.02B).

Service Trade

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Bilateral Service Trade

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Cze YearDeu 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.

Economic Complexity

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Competitive Landscape

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Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more Germany has comparative advantage over Czechia. Similarly, the more yellow a dot/product is, the more Czechia has comparative advantage over Germany.

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Latest Trends

About

Latest Trade

Historical Data

Bilateral Trade by Products

Market Competitiveness

Comparative Advantage Germany - Czechia

Service Trade

Bilateral Service Trade

Economic Complexity

Competitive Landscape

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