2022
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GDP
$301BCURRENT US$
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2012-2022
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GDP GROWTH
68.2%CURRENT US$
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2022
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 GDP
$291BCURRENT US$
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2012-2022
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GDP GROWTH
39.3%CURRENT US$
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2022
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GDP PC 
$15,892CURRENT US$
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2012-2022
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GDP PC GROWTH
77.9%CURRENT US$
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2022
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GDP PC
$27,638CURRENT US$
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2012-2022
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GDP PC GROWTH
39.1%CURRENT US$
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About

Romania-Czechia In 2022, Romania exported $2.86B to Czechia. The main products that Romania exported to Czechia are Insulated Wire ($331M), Motor vehicles; parts and accessories (8701 to 8705) ($291M), and Electrical Control Boards ($198M). During the last 27 years the exports of Romania to Czechia have increased at an annualized rate of 19.8%, from $21.9M in 1995 to $2.86B in 2022.

In 2020, Romania exported services to Czechia worth $185M, with Transportation ($71.3M), Other business services ($63.5M), and Computer and information services ($17.9M) being the largest in terms of value.

Czechia-Romania In 2022, Czechia exported $3.73B to Romania. The main products that Czechia exported to Romania were Cars ($309M), Motor vehicles; parts and accessories (8701 to 8705) ($281M), and Broadcasting Equipment ($220M). During the last 27 years the exports of Czechia to Romania have increased at an annualized rate of 16%, from $67.6M in 1995 to $3.73B in 2022.

In 2019, Czechia exported services to Romania worth $285M, with Transportation ($115M), Other business services ($61.1M), and Travel ($59.9M) being the largest in terms of value.

Comparison In 2022,  Romania ranked 22 in the Economic Complexity Index (ECI 1.05), and 43 in total exports ($99.5B). That same year, Czechia ranked 6 in the Economic Complexity Index (ECI 1.53), and 30 in total exports ($237B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Romania exported $2.86B to Czechia. The main products exported from Romania to Czechia were Insulated Wire ($331M), Motor vehicles; parts and accessories (8701 to 8705) ($291M), and Electrical Control Boards ($198M). During the last 27 years the exports of Romania to Czechia have increased at an annualized rate of 19.8%, from $21.9M in 1995 to $2.86B in 2022.

In 2022, Czechia exported $3.73B to Romania. The main products exported from Czechia to Romania were Cars ($309M), Motor vehicles; parts and accessories (8701 to 8705) ($281M), and Broadcasting Equipment ($220M). During the last 27 years the exports of Czechia to Romania have increased at an annualized rate of 16%, from $67.6M in 1995 to $3.73B in 2022.

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

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

Latest Data

Trade between Romania (Flag) and Czechia (Flag)

Romania Exports

Czechia Exports

Market Competitiveness

Color
Romania
Top Destination
Germany$18.8B
Czechia
Top Destination
Germany$75.3B

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

In 2021, countries that imported more from Romania than Czechia were Bulgaria ($3.9B), Moldova ($2.14B), and Jordan ($1.03B).

In 2021, countries that imported more from Czechia than Romania were Germany ($75.3B), Slovakia ($19.7B), and Poland ($16.2B).

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

Comparative Advantage Romania - Czechia

Flow
Scale

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

During 2022, Romania had a large net trade with Czechia in the exports of Machines ($1.12B), Transportation ($424M), and Metals ($330M).

During 2022, Czechia had a large net trade with Romania in the exports of Machines ($1.29B), Transportation ($696M), and Metals ($329M).

Service Trade

Bilateral Service Trade

In 2020, Romania exported services to Czechia worth $185M, with Transportation ($71.3M), Other business services ($63.5M), and Computer and information services ($17.9M) being the largest in terms of value.

In 2019, Czechia exported services to Romania worth $285M, with Transportation ($115M), Other business services ($61.1M), and Travel ($59.9M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Romania (Flag) to Czechia (Flag) (2020)

Services Exports from Czechia (Flag) to Romania (Flag) (2019)

Economic Complexity

Competitive Landscape

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 Romania has comparative advantage over Czechia. Similarly, the more yellow a dot/product is, the more Czechia has comparative advantage over Romania.

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

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