Czechia (CZE) and Australia (AUS) Trade | The Observatory of Economic Complexity

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Czechia-Australia Trade: In 2023, Czechia exported $759M to Australia. The main products that Czechia exported to Australia were Cars ($205M), Centrifuges ($30.2M), and Large Construction Vehicles ($28.6M). Over the past 5 years the exports of Czechia to Australia have increased at an annualized rate of 6.78%, from $546M in 2018 to $759M in 2023.

In 2019, Czechia exported services to Australia worth $78.9M, with Travel ($43.4M), Transportation ($16.6M), and Other business services ($8.84M) being the largest in terms of value.

Australia-Czechia Trade: In 2023, Australia exported $128M to Czechia. The main products that Australia exported to Czechia were Wool ($34.6M), Coal Briquettes ($17.7M), and Semi-Finished Iron ($16.5M). Over the past 5 years the exports of Australia to Czechia have decreased at an annualized rate of 6.61%, from $193M in 2018 to $128M in 2023.

In 2023, Australia did not export any services to Czechia.

Comparison: In 2023, Czechia ranked 7 in the Economic Complexity Index (ECI 1.6), and 30 in total exports ($224B). That same year, Australia ranked 75 in the Economic Complexity Index (ECI -0.28), and 20 in total exports ($374B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Czechia exported $759M to Australia. The main products exported from Czechia to Australia were Cars ($205M), Centrifuges ($30.2M), and Large Construction Vehicles ($28.6M). During the last 5 years the exports of Czechia to Australia have increased at an annualized rate of 6.78%, from $546M in 2018 to $759M in 2023.

In 2018, Australia exported $128M to Czechia. The main products exported from Australia to Czechia were Wool ($34.6M), Coal Briquettes ($17.7M), and Semi-Finished Iron ($16.5M). During the last 5 years the exports of Australia to Czechia have decreased at an annualized rate of 6.61%, from $193M in 2023 to $128M in 2018.

Exports from Czechia () to Australia () (2023)

Exports from Australia () to Czechia () (2023)

Latest Data

Trade between Czechia () and Australia ()

Czechia Exports

Date

Australia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Czechia
Top DestinationGermany$64.2B

Australia
Top DestinationChina$137B

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

In 2023, countries that imported more from Czechia than Australia included Germany ($64.2B), Slovakia ($15.8B), and Poland ($13.8B).

In 2023, countries that imported more from Australia than Czechia included China ($137B), Japan ($59B), and South Korea ($20.9B).

Difference in imports from Australia () and Czechia () (2023)

Comparative Advantage Czechia - Australia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Czechia had a large net trade with Australia in the exports of Machines ($303M), Transportation ($245M), and Instruments ($34.5M).

During 2018, Australia had a large net trade with Czechia in the exports of Textiles ($36.1M), Metals ($25.3M), and Mineral Products ($18.1M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Czechia Australia+$120MCars

Top Product Potential Australia Czechia+$50.4MCoal Briquettes

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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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Czechia () to Australia () (2023)

Exports from Australia () to Czechia () (2023)

Latest Data

Trade between Czechia () and Australia ()

Czechia Exports

Australia Exports

Market Competitiveness

Difference in imports from Australia () and Czechia () (2023)

Comparative Advantage Czechia - Australia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Czechia () and Australia () (2023)

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