HS Icon Machinery Having Individual Functions in  Flag Czechia

2019
Exports | Imports
: $1.69B | $1.22B, World Rnk 15 / 222
Flag Rnk 18 / 1205 | World Rnk 24 / 224
Flag Rnk 21 / 1209

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $15.6M | $17.4M, France |  South Korea

2019
ECONOMIC COMPLEXITY of Czechia
: 1.68, Rnk 7 / 147

2019
PRODUCT COMPLEXITY  IN Machinery Having Individual Functions
: 2.05, Rnk 8 / 1029

Exports In 2019, Czechia exported $1.69B in Machinery Having Individual Functions, making it the 15th largest exporter of Machinery Having Individual Functions in the world. At the same year, Machinery Having Individual Functions was the 18th most exported product in Czechia. The main destination of Machinery Having Individual Functions exports from Czechia are: Germany ($600M), Slovakia ($96.3M), Spain ($89.5M), France ($82.8M), and Austria ($81.8M).

The fastest growing export markets for Machinery Having Individual Functions of Czechia between 2018 and 2019 were France ($15.6M), United States ($8.04M), and Bulgaria ($6.69M).

Imports In 2019, Czechia imported $1.22B in Machinery Having Individual Functions, becoming the 24th largest importer of Machinery Having Individual Functions in the world. At the same year, Machinery Having Individual Functions was the 21st most imported product in Czechia. Czechia imports Machinery Having Individual Functions primarily from: Germany ($596M), Italy ($95.2M), Austria ($68.8M), Switzerland ($61M), and South Korea ($51.3M).

The fastest growing import markets in Machinery Having Individual Functions for Czechia between 2018 and 2019 were South Korea ($17.4M), Switzerland ($15.5M), and Singapore ($10M).

Tariffs In 2003, the average tariff for Czechia in Machinery Having Individual Functions was 3.18%. The countries with the highest import tariffs for Machinery Having Individual Functions were Angola (Most Favoured Nation duty rate treatement, 3.18%), Burundi (Most Favoured Nation duty rate treatement, 3.18%), Benin (Most Favoured Nation duty rate treatement, 3.18%), Burkina Faso (Most Favoured Nation duty rate treatement, 3.18%), and Botswana (Most Favoured Nation duty rate treatement, 3.18%).

Historical Data

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EXPORTS (2019): $1.69B

IMPORTS (2019): $1.22B

NET TRADE (2019): $469M

In 2019, Czechia exported $1.69B in Machinery Having Individual Functions. The main destinations of Czechia exports on Machinery Having Individual Functions were Germany ($600M), Slovakia ($96.3M), Spain ($89.5M), France ($82.8M), and Austria ($81.8M).

In 2019, Czechia imported $1.22B in Machinery Having Individual Functions, mainly from Germany ($596M), Italy ($95.2M), Austria ($68.8M), Switzerland ($61M), and South Korea ($51.3M).

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IN 2019, Czechia HAD A POSITIVE NET TRADE IN Machinery Having Individual Functions WITH:

IN 2019, Czechia HAD A NEGATIVE NET TRADE IN Machinery Having Individual Functions WITH:

Flow

THE FASTEST GROWING Machinery Having Individual Functions EXPORT MARKETS FOR Czechia WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Machinery Having Individual Functions BY Czechia WERE (2018 - 2019):

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Market Concentration

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In 2019, Czechia's main exporting competitors in Machinery Having Individual Functions were:

In 2019, Czechia's main importing competitors in Machinery Having Individual Functions were:

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Tariffs by Country

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In 2003, the average tariff for Czechia in Machinery Having Individual Functions was 3.18%.

The countries with the highest tariffs for Machinery Having Individual Functions in Czechia were Angola (Most Favoured Nation duty rate treatement, 3.18%), Burundi (Most Favoured Nation duty rate treatement, 3.18%), Benin (Most Favoured Nation duty rate treatement, 3.18%), Burkina Faso (Most Favoured Nation duty rate treatement, 3.18%), and Botswana (Most Favoured Nation duty rate treatement, 3.18%).