2023
Flag  
GDP
$343BCURRENT US$
Rnk 44 / 195
2013-2023
Flag
GDP GROWTH
61.1%CURRENT US$
Rnk 55 / 195
2023
Flag
 GDP
$1.79TCURRENT US$
Rnk 12 / 195
2013-2023
Flag
GDP GROWTH
34.8%CURRENT US$
Rnk 103 / 195
2023
Flag
GDP PC 
$31,591CURRENT US$
Rnk 45 / 195
2013-2023
Flag
GDP PC GROWTH
55.9%CURRENT US$
Rnk 36 / 195
2023
Flag
GDP PC
$13,790CURRENT US$
Rnk 75 / 196
2013-2023
Flag
GDP PC GROWTH
22.9%CURRENT US$
Rnk 94 / 195

About

Czechia-Mexico Trade: In 2023, Czechia exported $1.4B to Mexico. The main products that Czechia exported to Mexico were Cars ($299M), Broadcasting Equipment ($105M), and Motor vehicles; parts and accessories (8701 to 8705) ($90.8M). Over the past 5 years the exports of Czechia to Mexico have increased at an annualized rate of 3.45%, from $1.18B in 2018 to $1.4B in 2023.

In 2019, Czechia exported services to Mexico worth $64.3M, with Transportation ($22.9M), Travel ($22.9M), and Computer and information services ($8.17M) being the largest in terms of value.

Mexico-Czechia Trade: In 2023, Mexico exported $1.07B to Czechia. The main products that Mexico exported to Czechia were Electrical Capacitors ($136M), Broadcasting Equipment ($103M), and Cars ($83.1M). Over the past 5 years the exports of Mexico to Czechia have increased at an annualized rate of 5.74%,  from $811M in 2018 to $1.07B in 2023.

In 2023, Mexico 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, Mexico ranked 25 in the Economic Complexity Index (ECI 1.09), and 8 in total exports ($603B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Czechia exported $1.4B to Mexico. The main products exported from Czechia to Mexico were Cars ($299M), Broadcasting Equipment ($105M), and Motor vehicles; parts and accessories (8701 to 8705) ($90.8M). During the last 5 years the exports of Czechia to Mexico have increased at an annualized rate of 3.45%, from $1.18B in 2018 to $1.4B in 2023.

In 2018, Mexico exported $1.07B to Czechia. The main products exported from Mexico to Czechia were Electrical Capacitors ($136M), Broadcasting Equipment ($103M), and Cars ($83.1M). During the last 5 years the exports of Mexico to Czechia have increased at an annualized rate of 5.74%, from $811M in 2023 to $1.07B in 2018.

Exports from Czechia (Flag) to Mexico (Flag) (2023)

Exports from Mexico (Flag) to Czechia (Flag) (2023)

Latest Data

Trade between Czechia (Flag) and Mexico (Flag)

Czechia Exports

Mexico Exports

Market Competitiveness

Color
Czechia
Top Destination
Germany$64.2B
Mexico
Top Destination
United States$456B

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

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

In 2023, countries that imported more from Mexico than Czechia included United States ($456B), Canada ($33B), and China ($15B).

Difference in imports from Mexico (Flag) and Czechia (Flag) (2023)

Comparative Advantage Czechia - Mexico

Flow
Scale

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

During 2023, Czechia had a large net trade with Mexico in the exports of Machines ($651M), Transportation ($400M), and Metals ($91.5M).

During 2018, Mexico had a large net trade with Czechia in the exports of Machines ($670M), Transportation ($117M), and Instruments ($104M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Czechia Mexico+$143MCars
Top Product Potential Mexico Czechia+$102MComputers

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

Product Space of Czechia (Flag) and Mexico (Flag) (2023)

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