Canada (CAN) and Czechia (CZE) Trade

2022

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Exports $320MRnk 53 / 215

2022

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About

Canada-Czechia Trade: In 2022, Canada exported $320M to Czechia. The main products that Canada exported to Czechia were Coal Briquettes ($85.2M), Planes, Helicopters, and/or Spacecraft ($34.2M), and Beauty Products ($23.6M). Over the past 5 years the exports of Canada to Czechia have increased at an annualized rate of 8.25%, from $215M in 2017 to $320M in 2022.

In 2020, Canada exported services to Czechia worth $12.7M, with Royalties and license fees ($9.69M), Computer and information services ($1.49M), and Communications services ($746k) being the largest in terms of value.

Czechia-Canada Trade: In 2022, Czechia exported $509M to Canada. The main products that Czechia exported to Canada were Iron Railway Products ($21M), Motor vehicles; parts and accessories (8701 to 8705) ($20.4M), and Rubber Tires ($18.8M). Over the past 5 years the exports of Czechia to Canada have increased at an annualized rate of 6.08%, from $379M in 2017 to $509M in 2022.

In 2019, Czechia exported services to Canada worth $131M, with Travel ($56.2M), Transportation ($50.8M), and Other business services ($13.7M) being the largest in terms of value.

Comparison: In 2022, Canada ranked 31 in the Economic Complexity Index (ECI 0.92), and 9 in total exports ($587B). That same year, Czechia ranked 7 in the Economic Complexity Index (ECI 1.55), and 30 in total exports ($237B).

Latest Trends

August, 2024

About

Overview In August 2024, Canada exported C$15.5M and imported C$87.1M from Czechia, resulting in a negative trade balance of C$71.6M. Between August 2023 and August 2024 the exports of Canada have increased by C$644k (4.32%) from C$14.9M to C$15.5M, while imports increased by C$13.2M (17.9%) from C$73.9M to C$87.1M.

Trade In August 2024, the top exports of Canada to Czechia were Animal Food (C$634k), Chemical Analysis Instruments (C$631k), Beauty Products (C$545k), Other Edible Preparations (C$474k), and Iron Stovetops (C$328k). In August 2024 the top imports of Canada from Czechia were Motor vehicles; parts and accessories (8701... (C$4.55M), Telephones (C$4.4M), Ferroalloys (C$3.72M), Gas Turbines (C$3.56M), and Rubber Tires (C$3.47M).

Origins In August 2024 the exports of Canada were mainly from Ontario (C$7.61M), Alberta (C$3.09M), Quebec (C$2.23M), British Columbia (C$1.8M), and Manitoba (C$529k), while imports destinations were mainly Ontario (C$44.5M), Quebec (C$20.7M), British Columbia (C$9.71M), Alberta (C$5.93M), and Manitoba (C$3.12M).

Growth In August 2024, the increase in Canada's year-by-year exports to Czechia was explained primarily by an increase in product exports in Chemical Analysis Instruments (C$571k or 941%), Iron Stovetops (C$126k or 62.4%), and Cleaning Products (C$117k or 184%). In August 2024, the increase in Canada's year-by-year imports from Czechia was explained primarily by an increase in product imports in Gas Turbines (C$3.3M or 1.29k%), Ferroalloys (C$3M or 423%), and Motor vehicles; parts and accessories (8701... (C$2.29M or 102%).

Latest Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Value

Trade Value

Growth

Growth (%)

Depth

HS2

HS4

HS6

EXPORT GROWTH (August 2023 - August 2024)C$644k(4.32%)

IMPORT GROWTH (August 2023 - August 2024)C$13.2M(17.9%)

MAIN EXPORTER (August 2024)OntarioC$7.61M

This section shows exports and imports data at subnational level for Canada. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Canada over time.

To check Czechia and Canada trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Canada exported $320M to Czechia. The main products exported from Canada to Czechia were Coal Briquettes ($85.2M), Planes, Helicopters, and/or Spacecraft ($34.2M), and Beauty Products ($23.6M). During the last 5 years the exports of Canada to Czechia have increased at an annualized rate of 8.25%, from $215M in 2017 to $320M in 2022.

In 2017, Czechia exported $509M to Canada. The main products exported from Czechia to Canada were Iron Railway Products ($21M), Motor vehicles; parts and accessories (8701 to 8705) ($20.4M), and Rubber Tires ($18.8M). During the last 5 years the exports of Czechia to Canada have increased at an annualized rate of 6.08%, from $379M in 2022 to $509M in 2017.

Exports from Canada () to Czechia () (2022)

Exports from Czechia () to Canada () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Canada
Top DestinationUnited States$438B

Czechia
Top DestinationGermany$75.3B

This map shows whether countries import more from Canada or Czechia. Each country is colored based on the difference in imports they receive from Canada and Czechia or the difference in the growth in imports.

In 2022, countries that imported more from Canada than Czechia included United States ($438B), China ($25.4B), and Japan ($14.3B).

In 2022, countries that imported more from Czechia than Canada included Germany ($75.3B), Slovakia ($19.7B), and Poland ($16.2B).

Difference in imports from Czechia () and Canada () (2022)

Comparative Advantage Canada - Czechia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Canada and Czechia by product, considering products traded by both, Canada and Czechia.

During 2022, Canada had a large net trade with Czechia in the exports of Mineral Products ($86.2M), Transportation ($61.1M), and Chemical Products ($45.5M).

During 2017, Czechia had a large net trade with Canada in the exports of Machines ($174M), Metals ($88.4M), and Plastics and Rubbers ($64.1M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Canada Czechia+$21.3MCars

Top Product Potential Czechia Canada+$48.8MMotor vehicles; parts and accessories (8701 to 8705)

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Bilateral Service Trade

Cze Year

Can Year

In 2019, Czechia exported services to Canada worth $131M, with Travel ($56.2M), Transportation ($50.8M), and Other business services ($13.7M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Canada () to Czechia () (2020)

Services Exports from Czechia () to Canada () (2019)

Service Trade

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Canada and Czechia. This means that a dot/product with the flag of Canada indicates it has a comparative advantage over Czechia. Similarly, a dot/product with the flag of Czechia indicates it has a comparative advantage over Canada.

Product Space of Canada () and Czechia () (2022)

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