2022
Flag  
GDP
$522BCURRENT US$
Rnk 27 / 186
2012-2022
Flag
GDP GROWTH
99%CURRENT US$
Rnk 14 / 186
2022
Flag
 GDP
$291BCURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP GROWTH
39.3%CURRENT US$
Rnk 83 / 186
2022
Flag
GDP PC 
$54,660CURRENT US$
Rnk 15 / 186
2012-2022
Flag
GDP PC GROWTH
64.9%CURRENT US$
Rnk 21 / 186
2022
Flag
GDP PC
$27,638CURRENT US$
Rnk 42 / 186
2012-2022
Flag
GDP PC GROWTH
39.1%CURRENT US$
Rnk 51 / 186

About

Israel-Czechia Trade: In 2022, Israel exported $322M to Czechia. The main products that Israel exported to Czechia were Broadcasting Equipment ($58.1M), Navigation Equipment ($41.3M), and Printed Circuit Boards ($9.74M). Over the past 5 years the exports of Israel to Czechia have increased at an annualized rate of 4.79%, from $255M in 2017 to $322M in 2022.

In 2012, Israel exported services to Czechia worth $39.1M, with Computer and information services ($39.1M) being the largest in terms of value.

Czechia-Israel Trade: In 2022, Czechia exported $1.1B to Israel. The main products that Czechia exported to Israel were Cars ($533M), Computers ($113M), and Other Measuring Instruments ($30.9M). Over the past 5 years the exports of Czechia to Israel have increased at an annualized rate of 2.16%,  from $990M in 2017 to $1.1B in 2022.

In 2009, Czechia exported services to Israel worth $240M, with Services not allocated ($120M), Travel ($79.4M), and Transportation ($20M) being the largest in terms of value.

Comparison: In 2022,  Israel ranked 20 in the Economic Complexity Index (ECI 1.23), and 49 in total exports ($76.9B). That same year, Czechia ranked 7 in the Economic Complexity Index (ECI 1.55), and 30 in total exports ($237B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Israel exported $322M to Czechia. The main products exported from Israel to Czechia were Broadcasting Equipment ($58.1M), Navigation Equipment ($41.3M), and Printed Circuit Boards ($9.74M). During the last 5 years the exports of Israel to Czechia have increased at an annualized rate of 4.79%, from $255M in 2017 to $322M in 2022.

In 2017, Czechia exported $1.1B to Israel. The main products exported from Czechia to Israel were Cars ($533M), Computers ($113M), and Other Measuring Instruments ($30.9M). During the last 5 years the exports of Czechia to Israel have increased at an annualized rate of 2.16%, from $990M in 2022 to $1.1B in 2017.

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

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

Latest Data

Trade between Israel (Flag) and Czechia (Flag)

Israel Exports

Czechia Exports

Market Competitiveness

Color
Israel
Top Destination
United States$20.3B
Czechia
Top Destination
Germany$75.3B

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

In 2022, countries that imported more from Israel than Czechia included United States ($20.3B), Palestine ($4.6B), and China ($5.53B).

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

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

Comparative Advantage Israel - Czechia

Flow
Scale

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

During 2022, Israel had a large net trade with Czechia in the exports of Machines ($167M), Chemical Products ($42.9M), and Instruments ($23.8M).

During 2017, Czechia had a large net trade with Israel in the exports of Transportation ($547M), Machines ($284M), and Instruments ($101M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Israel Czechia+$28.4MTelephones
Top Product Potential Czechia Israel+$21.2MCars

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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Economic Complexity

Competitive Landscape

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

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

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