Czechia / South Korea

Czechia-South Korea Trade: In 2023, Czechia exported $550M to South Korea. The main products that Czechia exported to South Korea were Chemical Analysis Instruments ($52.3M), Rubber Tires ($35.5M), and Non-optical Microscopes ($31.7M). Over the past 5 years the exports of Czechia to South Korea have decreased at an annualized rate of 7.07%, from $794M in 2018 to $550M in 2023.

In 2019, Czechia exported services to South Korea worth $183M, with Travel ($124M), Other business services ($27.7M), and Transportation ($15.6M) being the largest in terms of value.

South Korea-Czechia Trade: In 2023, South Korea exported $4.73B to Czechia. The main products that South Korea exported to Czechia were Motor vehicles; parts and accessories (8701 to 8705) ($1.1B), Office Machine Parts ($286M), and Cars ($250M). Over the past 5 years the exports of South Korea to Czechia have increased at an annualized rate of 2.27%,  from $4.22B in 2018 to $4.73B in 2023.

In 2023, South Korea 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, South Korea ranked 4 in the Economic Complexity Index (ECI 1.85), and 5 in total exports ($645B).