2023
Exports
$1.47BWorld Rnk 19 / 219
Flag Rnk 27 / 1208
2023
PRODUCT COMPLEXITY IN Machinery Having Individual Functions
1.86Rnk 6 / 1025
2023
Imports
$1.66BWorld Rnk 22 / 226
Flag Rnk 19 / 1214
2023
ECONOMIC COMPLEXITY of Czechia
1.6Rnk 7 / 132

About

Exports In 2023, Czechia exported $1.47B in Machinery Having Individual Functions, making it the 19th largest exporter of Machinery Having Individual Functions in the world. At the same year, Machinery Having Individual Functions was the 27th most exported product in Czechia. The main destination of Machinery Having Individual Functions exports from Czechia are: Germany ($525M), Austria ($125M), United States ($84.5M), Netherlands ($70.3M), and France ($66.4M).

The fastest growing export markets for Machinery Having Individual Functions of Czechia between 2022 and 2023 were Germany ($45.7M), Netherlands ($25.4M), and United Kingdom ($9.68M).

Imports In 2023, Czechia imported $1.66B in Machinery Having Individual Functions, becoming the 22nd largest importer of Machinery Having Individual Functions in the world. At the same year, Machinery Having Individual Functions was the 19th most imported product in Czechia. Czechia imports Machinery Having Individual Functions primarily from: Germany ($701M), Japan ($120M), China ($113M), Italy ($108M), and Poland ($103M).

The fastest growing import markets in Machinery Having Individual Functions for Czechia between 2022 and 2023 were Germany ($157M), Japan ($92.4M), and Poland ($43.5M).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Machinery Having Individual Functions. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$1.47B
IMPORTS (2023)$1.66B
NET TRADE (2023)-$193M

In 2023, Czechia exported $1.47B in Machinery Having Individual Functions. The main destinations of Czechia exports on Machinery Having Individual Functions were Germany ($525M), Austria ($125M), United States ($84.5M), Netherlands ($70.3M), and France ($66.4M).

In 2023, Czechia imported $1.66B in Machinery Having Individual Functions, mainly from Germany ($701M), Japan ($120M), China ($113M), Italy ($108M), and Poland ($103M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Machinery Having Individual Functions EXPORT MARKETS FOR Czechia WERE (2022 - 2023):
Germany$45.7M (9.55%)
Netherlands$25.4M (56.7%)
United Kingdom$9.68M (40.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Machinery Having Individual Functions BY Czechia WERE (2022 - 2023):
Russia-$20.4M (-89.7%)
Hungary-$13.8M (-31.2%)
Sweden-$7.12M (-14.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Czechia's main exporting competitors in Machinery Having Individual Functions were:
In 2023, Czechia's main importing competitors in Machinery Having Individual Functions were:

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Trade Value of Machinery Having Individual Functions by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $61.6M
TOP IMPORT POTENTIALGermany+ $74M

Machinery Having Individual Functions’s highest export potential is Germany. With an export gap of $61.6M.   Machinery Having Individual Functions’s highest import potential is Germany with an import gap of $74M.

See methodology.

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