2022
Flag  
GDP
$291BCURRENT US$
Rnk 46 / 186
2012-2022
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GDP GROWTH
39.3%CURRENT US$
Rnk 83 / 186
2022
Flag
 GDP
$579BCURRENT US$
Rnk 25 / 186
2012-2022
Flag
GDP GROWTH
16.6%CURRENT US$
Rnk 131 / 186
2022
Flag
GDP PC 
$27,638CURRENT US$
Rnk 42 / 186
2012-2022
Flag
GDP PC GROWTH
39.1%CURRENT US$
Rnk 51 / 186
2022
Flag
GDP PC
$49,583CURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP PC GROWTH
11%CURRENT US$
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About

Czechia-Belgium Trade: In 2022, Czechia exported $5.19B to Belgium. The main products that Czechia exported to Belgium were Cars ($1.15B), Motor vehicles; parts and accessories (8701 to 8705) ($322M), and Air Conditioners ($253M). Over the past 5 years the exports of Czechia to Belgium have increased at an annualized rate of 4.55%, from $4.15B in 2017 to $5.19B in 2022.

In 2019, Czechia exported services to Belgium worth $726M, with Transportation ($316M), Other business services ($276M), and Travel ($59.3M) being the largest in terms of value.

Belgium-Czechia Trade: In 2022, Belgium exported $3.91B to Czechia. The main products that Belgium exported to Czechia were Vaccines, blood, antisera, toxins and cultures ($284M), Cars ($241M), and Beauty Products ($150M). Over the past 5 years the exports of Belgium to Czechia have increased at an annualized rate of 8.22%,  from $2.63B in 2017 to $3.91B in 2022.

In 2020, Belgium exported services to Czechia worth $686M, with Other business services ($305M), Computer and information services ($155M), and Transportation ($97.1M) being the largest in terms of value.

Comparison: In 2022,  Czechia ranked 7 in the Economic Complexity Index (ECI 1.55), and 30 in total exports ($237B). That same year, Belgium ranked 19 in the Economic Complexity Index (ECI 1.25), and 13 in total exports ($475B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Czechia exported $5.19B to Belgium. The main products exported from Czechia to Belgium were Cars ($1.15B), Motor vehicles; parts and accessories (8701 to 8705) ($322M), and Air Conditioners ($253M). During the last 5 years the exports of Czechia to Belgium have increased at an annualized rate of 4.55%, from $4.15B in 2017 to $5.19B in 2022.

In 2017, Belgium exported $3.91B to Czechia. The main products exported from Belgium to Czechia were Vaccines, blood, antisera, toxins and cultures ($284M), Cars ($241M), and Beauty Products ($150M). During the last 5 years the exports of Belgium to Czechia have increased at an annualized rate of 8.22%, from $2.63B in 2022 to $3.91B in 2017.

Exports from Czechia (Flag) to Belgium (Flag) (2022)

Exports from Belgium (Flag) to Czechia (Flag) (2022)

Latest Data

Trade between Czechia (Flag) and Belgium (Flag)

Czechia Exports

Belgium Exports

Market Competitiveness

Color
Czechia
Top Destination
Germany$75.3B
Belgium
Top Destination
Germany$91.9B

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

In 2022, countries that imported more from Czechia than Belgium included Slovakia ($19.7B), Austria ($10.9B), and Poland ($16.2B).

In 2022, countries that imported more from Belgium than Czechia included France ($71.1B), Netherlands ($65.7B), and United States ($29B).

Difference in imports from Belgium (Flag) and Czechia (Flag) (2022)

Comparative Advantage Czechia - Belgium

Flow
Scale

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

During 2022, Czechia had a large net trade with Belgium in the exports of Machines ($1.55B), Transportation ($1.51B), and Metals ($383M).

During 2017, Belgium had a large net trade with Czechia in the exports of Chemical Products ($975M), Plastics and Rubbers ($615M), and Machines ($467M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Czechia Belgium+$227MCars
Top Product Potential Belgium Czechia+$92.7MCars

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

In 2019, Czechia exported services to Belgium worth $726M, with Transportation ($316M), Other business services ($276M), and Travel ($59.3M) being the largest in terms of value.

In 2020, Belgium exported services to Czechia worth $686M, with Other business services ($305M), Computer and information services ($155M), and Transportation ($97.1M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Czechia (Flag) to Belgium (Flag) (2019)

Services Exports from Belgium (Flag) to Czechia (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of Czechia (Flag) and Belgium (Flag) (2022)

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