Czechia (CZE) and Iran (IRN) Trade | The Observatory of Economic Complexity

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Czechia-Iran Trade: In 2023, Czechia exported $37.7M to Iran. The main products that Czechia exported to Iran were Transmissions ($6.13M), Precious Metal Compounds ($4.43M), and Kaolin ($3.58M). Over the past 5 years the exports of Czechia to Iran have decreased at an annualized rate of 12%, from $71.4M in 2018 to $37.7M in 2023.

In 2009, Czechia exported services to Iran worth $17.4M, with Services not allocated ($8.61M), Other business services ($5.19M), and Transportation ($3.01M) being the largest in terms of value.

Iran-Czechia Trade: In 2023, Iran exported $11.3M to Czechia. The main products that Iran exported to Czechia were Ferroalloys ($2.01M), Ethylene Polymers ($1.46M), and Other Nuts ($1.29M). Over the past 5 years the exports of Iran to Czechia have decreased at an annualized rate of 10.1%, from $19.3M in 2018 to $11.3M in 2023.

In 2023, Iran 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, Iran ranked 58 in the Economic Complexity Index (ECI 0.084), and 92 in total exports ($13.2B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Czechia exported $37.7M to Iran. The main products exported from Czechia to Iran were Transmissions ($6.13M), Precious Metal Compounds ($4.43M), and Kaolin ($3.58M). During the last 5 years the exports of Czechia to Iran have decreased at an annualized rate of 12%, from $71.4M in 2018 to $37.7M in 2023.

In 2018, Iran exported $11.3M to Czechia. The main products exported from Iran to Czechia were Ferroalloys ($2.01M), Ethylene Polymers ($1.46M), and Other Nuts ($1.29M). During the last 5 years the exports of Iran to Czechia have decreased at an annualized rate of 10.1%, from $19.3M in 2023 to $11.3M in 2018.

Exports from Czechia () to Iran () (2023)

Exports from Iran () to Czechia () (2023)

Latest Data

Trade between Czechia () and Iran ()

Czechia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Czechia
Top DestinationGermany$64.2B

Iran
Top DestinationChina$4.59B

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

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

In 2023, countries that imported more from Iran than Czechia included China ($4.59B), Pakistan ($943M), and Armenia ($597M).

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

Comparative Advantage Czechia - Iran

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Czechia had a large net trade with Iran in the exports of Machines ($18.4M), Chemical Products ($10M), and Mineral Products ($3.61M).

During 2018, Iran had a large net trade with Czechia in the exports of Vegetable Products ($2.98M), Metals ($2.72M), and Machines ($1.66M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Czechia Iran+$3.12MTransmissions

Top Product Potential Iran Czechia+$5.84MEthylene Polymers

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 Iran. This means that a dot/product with the flag of Czechia indicates it has a comparative advantage over Iran. Similarly, a dot/product with the flag of Iran indicates it has a comparative advantage over Czechia.

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Historical Data

Bilateral Trade by Products

Exports from Czechia () to Iran () (2023)

Exports from Iran () to Czechia () (2023)

Latest Data

Trade between Czechia () and Iran ()

Czechia Exports

Market Competitiveness

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

Comparative Advantage Czechia - Iran

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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