2022
Flag  
GDP
$291BCURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP GROWTH
39.3%CURRENT US$
Rnk 83 / 186
2022
Flag
 GDP
$427MCURRENT US$
Rnk 182 / 186
2012-2022
Flag
GDP GROWTH
30.5%CURRENT US$
Rnk 99 / 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
$3,741CURRENT US$
Rnk 126 / 186
2012-2022
Flag
GDP PC GROWTH
23.7%CURRENT US$
Rnk 74 / 186

About

Czechia-Micronesia In 2022, Czechia exported $5.7k to Micronesia. The main products that Czechia exported to Micronesia are Other Engines ($1.45k), Electrical Transformers ($1.04k), and Light Fixtures ($912). During the last 16 years the exports of Czechia to Micronesia have increased at an annualized rate of 24.7%, from $167 in 2006 to $5.7k in 2022.

In 2022, Czechia did not export any services to Micronesia.

Micronesia-Czechia In 2022, Micronesia exported $4.74k to Czechia. The main products that Micronesia exported to Czechia were Non-Knit Women's Suits ($4.11k), Knit Men's Coats ($304), and Knit Women's Suits ($235). During the last 16 years the exports of Micronesia to Czechia have increased at an annualized rate of 15.2%, from $490 in 2006 to $4.74k in 2022.

In 2022, Micronesia did not export any services to Czechia.

Comparison In 2022,  Czechia ranked 6 in the Economic Complexity Index (ECI 1.53),  and 30 in total exports ($237B). That same year, Micronesia ranked 191 in total exports ($183M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Czechia exported $5.7k to Micronesia. The main products exported from Czechia to Micronesia were Other Engines ($1.45k), Electrical Transformers ($1.04k), and Light Fixtures ($912). During the last 16 years the exports of Czechia to Micronesia have increased at an annualized rate of 24.7%, from $167 in 2006 to $5.7k in 2022.

In 2022, Micronesia exported $4.74k to Czechia. The main products exported from Micronesia to Czechia were Non-Knit Women's Suits ($4.11k), Knit Men's Coats ($304), and Knit Women's Suits ($235). During the last 21 years the exports of Micronesia to Czechia have increased at an annualized rate of 15.2%, from $490 in 2001 to $4.74k in 2022.

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

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

Latest Data

Trade between Czechia (Flag) and Micronesia (Flag)

Czechia Exports

Date

Market Competitiveness

Color
Czechia
Top Destination
Germany$75.3B
Micronesia
Top Destination
Thailand$143M

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

In 2021, countries that imported more from Czechia than Micronesia were Germany ($75.3B), Slovakia ($19.7B), and Poland ($16.2B).

In 2021, countries that imported more from Micronesia than Czechia were Fiji ($1.5M).

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

Comparative Advantage Czechia - Micronesia

Flow
Scale

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

During 2022, Czechia had a large net trade with Micronesia in the exports of Machines ($3.24k), Metals ($1.32k), and Miscellaneous ($912).

During 2022, Micronesia had a large net trade with Czechia in the exports of Textiles ($4.74k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Czechia has comparative advantage over Micronesia. Similarly, the more yellow a dot/product is, the more Micronesia has comparative advantage over Czechia.

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

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with