HS Icon Metalworking Machines in  Flag Czechia

2019
Exports | Imports
: $42.9M | $36.2M, World Rnk 10 / 148
Flag Rnk 425 / 1205 | World Rnk 20 / 216
Flag Rnk 496 / 1209

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $1.69M | $8.21M, United States |  Germany

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

2019
PRODUCT COMPLEXITY  IN Metalworking Machines
: 2.06, Rnk 5 / 1029

Exports In 2019, Czechia exported $42.9M in Metalworking Machines, making it the 10th largest exporter of Metalworking Machines in the world. At the same year, Metalworking Machines was the 425th most exported product in Czechia. The main destination of Metalworking Machines exports from Czechia are: Germany ($10M), Poland ($3.97M), United States ($3.68M), Russia ($2.63M), and Slovakia ($2.17M).

The fastest growing export markets for Metalworking Machines of Czechia between 2018 and 2019 were United States ($1.69M), Switzerland ($1.27M), and United Kingdom ($816k).

Imports In 2019, Czechia imported $36.2M in Metalworking Machines, becoming the 20th largest importer of Metalworking Machines in the world. At the same year, Metalworking Machines was the 496th most imported product in Czechia. Czechia imports Metalworking Machines primarily from: Germany ($19.3M), Austria ($4.59M), Italy ($2.51M), China ($1.24M), and Netherlands ($1.17M).

The fastest growing import markets in Metalworking Machines for Czechia between 2018 and 2019 were Germany ($8.21M), Austria ($3.3M), and Denmark ($852k).

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%).

Historical Data

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EXPORTS (2019): $42.9M

IMPORTS (2019): $36.2M

NET TRADE (2019): $6.72M

In 2019, Czechia exported $42.9M in Metalworking Machines. The main destinations of Czechia exports on Metalworking Machines were Germany ($10M), Poland ($3.97M), United States ($3.68M), Russia ($2.63M), and Slovakia ($2.17M).

In 2019, Czechia imported $36.2M in Metalworking Machines, mainly from Germany ($19.3M), Austria ($4.59M), Italy ($2.51M), China ($1.24M), and Netherlands ($1.17M).

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IN 2019, Czechia HAD A POSITIVE NET TRADE IN Metalworking Machines WITH:

IN 2019, Czechia HAD A NEGATIVE NET TRADE IN Metalworking Machines WITH:

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THE FASTEST GROWING Metalworking Machines EXPORT MARKETS FOR Czechia WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metalworking Machines BY Czechia WERE (2018 - 2019):

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Market Concentration

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In 2019, Czechia's main exporting competitors in Metalworking Machines were:

In 2019, Czechia's main importing competitors in Metalworking Machines were:

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Tariffs by Country

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In 2003, the average tariff for Czechia in Metalworking Machines was 3.31%.

The countries with the highest tariffs for Metalworking Machines in Czechia 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%).