2022
Flag  
GDP
$301BCURRENT US$
Rnk 44 / 186
2012-2022
Flag
GDP GROWTH
68.2%CURRENT US$
Rnk 30 / 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 
$15,892CURRENT US$
Rnk 60 / 186
2012-2022
Flag
GDP PC GROWTH
77.9%CURRENT US$
Rnk 16 / 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

Romania-Czechia Trade: In 2022, Romania exported $2.13B to Czechia. The main products that Romania exported to Czechia were Insulated Wire ($331M), Motor vehicles; parts and accessories (8701 to 8705) ($291M), and Electrical Control Boards ($198M). Over the past 5 years the exports of Romania to Czechia have increased at an annualized rate of 150%, from $21.9M in 2017 to $2.13B 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 Trade: In 2022, Czechia exported $2.48B 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). Over the past 5 years the exports of Czechia to Romania have increased at an annualized rate of 106%,  from $67.6M in 2017 to $2.48B 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 26 in the Economic Complexity Index (ECI 1.03), and 43 in total exports ($99.5B). 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, Romania exported $2.13B 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 5 years the exports of Romania to Czechia have increased at an annualized rate of 150%, from $21.9M in 2017 to $2.13B in 2022.

In 2017, Czechia exported $2.48B 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 22 years the exports of Czechia to Romania have increased at an annualized rate of 106%, from $67.6M in 1995 to $2.48B in 2017.

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 2022, countries that imported more from Romania than Czechia included Bulgaria ($3.9B), Moldova ($2.14B), and Jordan ($1.03B).

In 2022, countries that imported more from Czechia than Romania included 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 2017, 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 shows the product space at the HS4 level with the flags of Romania and Czechia. This means that a dot/product with the flag of Romania indicates it has a comparative advantage over Czechia. Similarly, a dot/product with the flag of Czechia indicates it has a comparative advantage over Romania.

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

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with