2022
Flag  
GDP
$291BCURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP GROWTH
39.3%CURRENT US$
Rnk 83 / 186
2022
Flag
 GDP
$2.14TCURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP GROWTH
17%CURRENT US$
Rnk 129 / 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
$54,966CURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP PC GROWTH
4.36%CURRENT US$
Rnk 130 / 186

About

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.

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.

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

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, 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 2017 to $509M in 2022.

In 2017, 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 2022 to $320M in 2017.

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

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

Latest Data

Trade between Czechia (Flag) and Canada (Flag)

Czechia Exports

Canada Exports

Market Competitiveness

Color
Czechia
Top Destination
Germany$75.3B
Canada
Top Destination
United States$438B

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

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

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

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

Comparative Advantage Czechia - Canada

Flow
Scale

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

During 2022, Czechia had a large net trade with Canada in the exports of Machines ($174M), Metals ($88.4M), and Plastics and Rubbers ($64.1M).

During 2017, Canada had a large net trade with Czechia in the exports of Mineral Products ($86.2M), Transportation ($61.1M), and Chemical Products ($45.5M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Czechia Canada+$48.8MMotor vehicles; parts and accessories (8701 to 8705)
Top Product Potential Canada Czechia+$21.3MCars

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Bilateral Service Trade

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.

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.

Service trade data is presented based on availability.

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

Services Exports from Canada (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 Canada. This means that a dot/product with the flag of Czechia indicates it has a comparative advantage over Canada. Similarly, a dot/product with the flag of Canada indicates it has a comparative advantage over Czechia.

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with