Flag Italy / Czechia Flag

2019
FlagFlag
Exports
: $7.35B, Rnk 16 / 224

2019
FlagFlag
Top Product
: $401M, Vehicle Parts

2019
FlagFlag
Exports
: $7.79B, Rnk 7 / 204

2019
FlagFlag
Top Product
: $957M, Cars

2019
Flag
Economic Complexity (ECI)
: ECI 1.36, Rnk 17 / 146

2019
Flag
Economic Complexity (ECI)
: ECI 1.67, Rnk 7 / 146

2019
Flag  
GDP
: $2T, CURRENT US$
Rnk 8 / 187

2009-2019
Flag
GDP GROWTH
: -8.56%, CURRENT US$
Rnk 180 / 187

2019
Flag
 GDP
: $251B, CURRENT US$
Rnk 45 / 187

2009-2019
Flag
GDP GROWTH
: 20.8%, CURRENT US$
Rnk 148 / 187

2019
Flag
GDP PC 
: $33,228, CURRENT US$
Rnk 29 / 187

2009-2019
Flag
GDP PC GROWTH
: -10.4%, CURRENT US$
Rnk 176 / 187

2019
Flag
GDP PC
: $23,495, CURRENT US$
Rnk 41 / 187

2009-2019
Flag
GDP PC GROWTH
: 18.3%, CURRENT US$
Rnk 119 / 187

Italy-Czechia In 2019, Italy exported $7.35B to Czechia. The main products that Italy exported to Czechia are Vehicle Parts ($401M), Packaged Medicaments ($166M), and Other Small Iron Pipes ($157M). During the last 24 years the exports of Italy to Czechia have increased at an annualized rate of 7.29%, from $1.36B in 1995 to $7.35B in 2019.

In 2018, Italy exported services to Czechia worth $1.11B, with Travel ($538M), Other business services ($187M), and Transportation ($150M) being the largest in terms of value.

Czechia-Italy In 2019, Czechia exported $7.79B to Italy . The main products that Czechia exported to Italy were Cars ($957M), Rolled Tobacco ($467M), and Computers ($262M). During the last 24 years the exports of Czechia to Italy have increased at an annualized rate of 9.77%, from $831M in 1995 to $7.79B in 2019.

In 2018, Czechia exported services to Italy worth $729M, with Travel ($285M), Transportation ($266M), and Other business services ($81.5M) being the largest in terms of value.

Comparison In 2019,  Italy ranked 17 in the Economic Complexity Index (ECI 1.36), and 8 in total exports ($525B). That same year, Czechia ranked 7 in the Economic Complexity Index (ECI 1.67), and 27 in total exports ($198B).

Historical Data

#permalink to section

Bilateral Trade by Products

#permalink to section
Depth
Value
Compare to

In 2019, Italy exported $7.35B to Czechia. The main products exported from Italy to Czechia were Vehicle Parts ($401M), Packaged Medicaments ($166M), and Other Small Iron Pipes ($157M). During the last 24 years the exports of Italy to Czechia have increased at an annualized rate of 7.29%, from $1.36B in 1995 to $7.35B in 2019.

In 2019, Czechia exported $7.79B to Italy. The main products exported from Czechia to Italy were Cars ($957M), Rolled Tobacco ($467M), and Computers ($262M). During the last 24 years the exports of Czechia to Italy have increased at an annualized rate of 9.77%, from $831M in 1995 to $7.79B in 2019.

Czechia Exports

#permalink to section

Market Competitiveness

#permalink to section
Measure

Italy
Top Destination
: Germany, $64.5B

Czechia
Top Destination
: Germany, $61.9B

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

In 2019, countries that imported more from Italy than Czechia were United States ($51.8B), France ($54.9B), and Switzerland ($24.5B).

In 2019, countries that imported more from Czechia than Italy were Slovakia ($14.7B), Hungary ($6.3B), and Afghanistan ($31.2M).

Comparative Advantage Italy - Czechia

#permalink to section
Depth

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

During 2019, Italy had a large net trade with Czechia in the exports of Machines ($2.22B), Metals ($1.26B), and Transportation ($756M).

During 2019, Czechia had a large net trade with Italy in the exports of Machines ($2.48B), Transportation ($1.36B), and Metals ($750M).

Bilateral Service Trade

#permalink to section

In 2018, Italy exported services to Czechia worth $1.11B, with Travel ($538M), Other business services ($187M), and Transportation ($150M) being the largest in terms of value.

In 2018, Czechia exported services to Italy worth $729M, with Travel ($285M), Transportation ($266M), and Other business services ($81.5M) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

#permalink to section

Competitive Landscape

#permalink to section

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