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2022
Flag → Flag
Exports $9.45BRnk 6 / 205
2022
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Top Product $1.41BCars
2022
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Exports $8.87BRnk 14 / 221
2022
Flag → Flag
Top Product $382MMotor vehicles; parts and accessories (8701 to 8705)
2022
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Economic Complexity (ECI) ECI 1.55Rnk 7 / 133
2022
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Economic Complexity (ECI) ECI 1.29Rnk 17 / 133
2022
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GDP$291BCURRENT US$
Rnk 46 / 186
2012-2022
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GDP GROWTH39.3%CURRENT US$
Rnk 83 / 186
2022
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 GDP$2.01TCURRENT US$
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2012-2022
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GDP GROWTH-3.67%CURRENT US$
Rnk 169 / 186
2022
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GDP PC $27,638CURRENT US$
Rnk 42 / 186
2012-2022
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GDP PC GROWTH39.1%CURRENT US$
Rnk 51 / 186
2022
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GDP PC$34,158CURRENT US$
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2012-2022
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GDP PC GROWTH-2.55%CURRENT US$
Rnk 148 / 186

About

Czechia-Italy Trade: In 2022, Czechia exported $9.45B to Italy. The main products that Czechia exported to Italy were Cars ($1.41B), Motor vehicles; parts and accessories (8701 to 8705) ($363M), and Rolled Tobacco ($248M). Over the past 5 years the exports of Czechia to Italy have increased at an annualized rate of 4.86%, from $7.45B in 2017 to $9.45B in 2022.

In 2019, Czechia exported services to Italy worth $700M, with Transportation ($263M), Travel ($257M), and Other business services ($95.7M) being the largest in terms of value.

Italy-Czechia Trade: In 2022, Italy exported $8.87B to Czechia. The main products that Italy exported to Czechia were Motor vehicles; parts and accessories (8701 to 8705) ($382M), Other Small Iron Pipes ($199M), and Packaged Medicaments ($190M). Over the past 5 years the exports of Italy to Czechia have increased at an annualized rate of 5.75%,  from $6.71B in 2017 to $8.87B in 2022.

In 2020, Italy exported services to Czechia worth $915M, with Travel ($417M), Other business services ($200M), and Transportation ($159M) 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, Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Czechia exported $9.45B to Italy. The main products exported from Czechia to Italy were Cars ($1.41B), Motor vehicles; parts and accessories (8701 to 8705) ($363M), and Rolled Tobacco ($248M). During the last 5 years the exports of Czechia to Italy have increased at an annualized rate of 4.86%, from $7.45B in 2017 to $9.45B in 2022.

In 2017, Italy exported $8.87B to Czechia. The main products exported from Italy to Czechia were Motor vehicles; parts and accessories (8701 to 8705) ($382M), Other Small Iron Pipes ($199M), and Packaged Medicaments ($190M). During the last 5 years the exports of Italy to Czechia have increased at an annualized rate of 5.75%, from $6.71B in 2022 to $8.87B in 2017.

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

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

Latest Data

Trade between Czechia (Flag) and Italy (Flag)

Czechia Exports

Italy Exports

Market Competitiveness

Color
Czechia
Top DestinationGermany$75.3B
Italy
Top DestinationGermany$78.5B

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

In 2022, countries that imported more from Czechia than Italy included Slovakia ($19.7B), Hungary ($7.87B), and Ukraine ($1.66B).

In 2022, countries that imported more from Italy than Czechia included United States ($68.2B), France ($63.8B), and Spain ($32.8B).

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

Comparative Advantage Czechia - Italy

Flow
Scale

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

During 2022, Czechia had a large net trade with Italy in the exports of Machines ($2.87B), Transportation ($1.99B), and Metals ($1.02B).

During 2017, Italy had a large net trade with Czechia in the exports of Machines ($2.43B), Metals ($1.95B), and Transportation ($775M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Czechia Italy+$374MCars
Top Product Potential Italy Czechia+$141MMotor vehicles; parts and accessories (8701 to 8705)

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 Italy worth $700M, with Transportation ($263M), Travel ($257M), and Other business services ($95.7M) being the largest in terms of value.

In 2020, Italy exported services to Czechia worth $915M, with Travel ($417M), Other business services ($200M), and Transportation ($159M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

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

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