HS Icon Metalworking Machines in  Flag Czechia

2020
Exports | Imports
: $32.8M | $20M, World Rnk 10 / 146
Flag Rnk 465 / 1207 | World Rnk 28 / 210
Flag Rnk 607 / 1209

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $598k | $910k, Poland |  United States

2020
ECONOMIC COMPLEXITY of Czechia
: 1.57, Rnk 8 / 127

2020
PRODUCT COMPLEXITY  IN Metalworking Machines
: 2.09, Rnk 4 / 1029

Exports In 2020, Czechia exported $32.8M in Metalworking Machines, making it the 10th largest exporter of Metalworking Machines in the world. At the same year, Metalworking Machines was the 465th most exported product in Czechia. The main destination of Metalworking Machines exports from Czechia are: Germany ($7.19M), Poland ($4.57M), Russia ($3.17M), Slovakia ($1.64M), and France ($1.63M).

The fastest growing export markets for Metalworking Machines of Czechia between 2019 and 2020 were Poland ($598k), Slovenia ($543k), and Russia ($533k).

Imports In 2020, Czechia imported $20M in Metalworking Machines, becoming the 28th largest importer of Metalworking Machines in the world. At the same year, Metalworking Machines was the 607th most imported product in Czechia. Czechia imports Metalworking Machines primarily from: Germany ($8.37M), United States ($2.5M), Italy ($2.09M), Vietnam ($1.85M), and China ($1.18M).

The fastest growing import markets in Metalworking Machines for Czechia between 2019 and 2020 were United States ($910k), Hungary ($522k), and Vietnam ($240k).

Tariffs In 2003, the average tariff for Czechia in Metalworking Machines was 3.31%. The countries with the highest import tariffs for Metalworking Machines were Angola (Most Favoured Nation duty rate treatement, 3.31%), Burundi (Most Favoured Nation duty rate treatement, 3.31%), Benin (Most Favoured Nation duty rate treatement, 3.31%), Burkina Faso (Most Favoured Nation duty rate treatement, 3.31%), and Botswana (Most Favoured Nation duty rate treatement, 3.31%).

Subnational Monthly Trade

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The following visualization shows the latest trends on Metalworking Machines. 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

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EXPORTS (2020): $32.8M

IMPORTS (2020): $20M

NET TRADE (2020): $12.8M

In 2020, Czechia exported $32.8M in Metalworking Machines. The main destinations of Czechia exports on Metalworking Machines were Germany ($7.19M), Poland ($4.57M), Russia ($3.17M), Slovakia ($1.64M), and France ($1.63M).

In 2020, Czechia imported $20M in Metalworking Machines, mainly from Germany ($8.37M), United States ($2.5M), Italy ($2.09M), Vietnam ($1.85M), and China ($1.18M).

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THE FASTEST GROWING Metalworking Machines EXPORT MARKETS FOR Czechia WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metalworking Machines BY Czechia WERE (2019 - 2020):

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Market Concentration

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In 2020, Czechia's main exporting competitors in Metalworking Machines were:

In 2020, Czechia's main importing competitors in Metalworking Machines were:

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