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2023
Flag → Flag
Exports $293MRnk 51 / 207
2023
Flag → Flag
Top Product $36.5MElectrical Capacitors
2023
Flag → Flag
Exports $98.1MRnk 53 / 198
2023
Flag → Flag
Top Product $9.39MBroadcasting Equipment
2023
Flag
Economic Complexity (ECI) ECI 1.6Rnk 7 / 132
2023
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Economic Complexity (ECI) ECI 1.12Rnk 23 / 132
2023
Flag  
GDP$343BCURRENT US$
Rnk 44 / 195
2013-2023
Flag
GDP GROWTH61.1%CURRENT US$
Rnk 55 / 195
2023
Flag
 GDP$381BCURRENT US$
Rnk 39 / 195
2013-2023
Flag
GDP GROWTH38.1%CURRENT US$
Rnk 97 / 195
2023
Flag
GDP PC $31,591CURRENT US$
Rnk 45 / 195
2013-2023
Flag
GDP PC GROWTH55.9%CURRENT US$
Rnk 36 / 195
2023
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GDP PC$50,532CURRENT US$
Rnk 25 / 196
2013-2023
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GDP PC GROWTH31.6%CURRENT US$
Rnk 75 / 195

About

Czechia-Hong Kong Trade: In 2023, Czechia exported $293M to Hong Kong. The main products that Czechia exported to Hong Kong were Electrical Capacitors ($36.5M), Low-voltage Protection Equipment ($32.5M), and Broadcasting Equipment ($22.2M). Over the past 5 years the exports of Czechia to Hong Kong have decreased at an annualized rate of 5.35%, from $386M in 2018 to $293M in 2023.

In 2019, Czechia exported services to Hong Kong worth $89M, with Communications services ($31.6M), Transportation ($27.9M), and Other business services ($18.4M) being the largest in terms of value.

Hong Kong-Czechia Trade: In 2023, Hong Kong exported $98.1M to Czechia. The main products that Hong Kong exported to Czechia were Broadcasting Equipment ($9.39M), Computers ($9.38M), and Integrated Circuits ($4.69M). Over the past 5 years the exports of Hong Kong to Czechia have decreased at an annualized rate of 13.3%,  from $200M in 2018 to $98.1M in 2023.

In 2023, Hong Kong 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, Hong Kong ranked 23 in the Economic Complexity Index (ECI 1.12), and 38 in total exports ($117B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Czechia exported $293M to Hong Kong. The main products exported from Czechia to Hong Kong were Electrical Capacitors ($36.5M), Low-voltage Protection Equipment ($32.5M), and Broadcasting Equipment ($22.2M). During the last 5 years the exports of Czechia to Hong Kong have decreased at an annualized rate of 5.35%, from $386M in 2018 to $293M in 2023.

In 2018, Hong Kong exported $98.1M to Czechia. The main products exported from Hong Kong to Czechia were Broadcasting Equipment ($9.39M), Computers ($9.38M), and Integrated Circuits ($4.69M). During the last 5 years the exports of Hong Kong to Czechia have decreased at an annualized rate of 13.3%, from $200M in 2023 to $98.1M in 2018.

Exports from Czechia (Flag) to Hong Kong (Flag) (2023)

Exports from Hong Kong (Flag) to Czechia (Flag) (2023)

Latest Data

Trade between Czechia (Flag) and Hong Kong (Flag)

Czechia Exports

Hong Kong Exports

Market Competitiveness

Color
Czechia
Top DestinationGermany$64.2B
Hong Kong
Top DestinationChina$25.3B

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

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

In 2023, countries that imported more from Hong Kong than Czechia included China ($25.3B), Vietnam ($14.4B), and South Korea ($9.5B).

Difference in imports from Hong Kong (Flag) and Czechia (Flag) (2023)

Comparative Advantage Czechia - Hong Kong

Flow
Scale

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

During 2023, Czechia had a large net trade with Hong Kong in the exports of Machines ($185M), Instruments ($29.4M), and Transportation ($20.1M).

During 2018, Hong Kong had a large net trade with Czechia in the exports of Machines ($51.6M), Instruments ($7.83M), and Miscellaneous ($6.72M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Czechia Hong Kong+$69.2MTelephones
Top Product Potential Hong Kong Czechia+$25.1MTelephones

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

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

Product Space of Czechia (Flag) and Hong Kong (Flag) (2023)

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