2023
Flag  
GDP
$343BCURRENT US$
Rnk 44 / 195
2013-2023
Flag
GDP GROWTH
61.1%CURRENT US$
Rnk 55 / 195
2023
Flag
 GDP
$585BCURRENT US$
Rnk 24 / 195
2013-2023
Flag
GDP GROWTH
0.14%CURRENT US$
Rnk 170 / 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
$55,517CURRENT US$
Rnk 19 / 196
2013-2023
Flag
GDP PC GROWTH
-8.76%CURRENT US$
Rnk 165 / 195

About

Czechia-Sweden Trade: In 2023, Czechia exported $3.56B to Sweden. The main products that Czechia exported to Sweden were Cars ($612M), Motor vehicles; parts and accessories (8701 to 8705) ($541M), and Centrifuges ($241M). Over the past 5 years the exports of Czechia to Sweden have increased at an annualized rate of 5.79%, from $2.68B in 2018 to $3.56B in 2023.

In 2019, Czechia exported services to Sweden worth $347M, with Transportation ($139M), Travel ($77.6M), and Other business services ($45.9M) being the largest in terms of value.

Sweden-Czechia Trade: In 2023, Sweden exported $1.92B to Czechia. The main products that Sweden exported to Czechia were Cars ($168M), Iron Pipes ($104M), and Tractors ($68.6M). Over the past 5 years the exports of Sweden to Czechia have increased at an annualized rate of 4.69%,  from $1.53B in 2018 to $1.92B in 2023.

In 2020, Sweden exported services to Czechia worth $232M, with Other business services ($70.9M), Personal, cultural, and recreational services ($53M), and Computer and information services ($46.6M) being the largest in terms of value.

Comparison: In 2023,  Czechia ranked 7 in the Economic Complexity Index (ECI 1.6), and 30 in total exports ($224B). That same year, Sweden ranked 9 in the Economic Complexity Index (ECI 1.53), and 32 in total exports ($188B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Czechia exported $3.56B to Sweden. The main products exported from Czechia to Sweden were Cars ($612M), Motor vehicles; parts and accessories (8701 to 8705) ($541M), and Centrifuges ($241M). During the last 5 years the exports of Czechia to Sweden have increased at an annualized rate of 5.79%, from $2.68B in 2018 to $3.56B in 2023.

In 2018, Sweden exported $1.92B to Czechia. The main products exported from Sweden to Czechia were Cars ($168M), Iron Pipes ($104M), and Tractors ($68.6M). During the last 5 years the exports of Sweden to Czechia have increased at an annualized rate of 4.69%, from $1.53B in 2023 to $1.92B in 2018.

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

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

Latest Data

Trade between Czechia (Flag) and Sweden (Flag)

Czechia Exports

Sweden Exports

Market Competitiveness

Color
Czechia
Top Destination
Germany$64.2B
Sweden
Top Destination
Germany$18.4B

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

In 2023, countries that imported more from Czechia than Sweden included Germany ($64.2B), Slovakia ($15.8B), and Austria ($9.42B).

In 2023, countries that imported more from Sweden than Czechia included Denmark ($14.4B), United States ($18.1B), and Norway ($10.9B).

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

Comparative Advantage Czechia - Sweden

Flow
Scale

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

During 2023, Czechia had a large net trade with Sweden in the exports of Machines ($1.26B), Transportation ($1.18B), and Metals ($330M).

During 2018, Sweden had a large net trade with Czechia in the exports of Machines ($509M), Metals ($484M), and Transportation ($316M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Czechia Sweden+$148MCars
Top Product Potential Sweden Czechia+$60.2MCars

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Bilateral Service Trade

In 2019, Czechia exported services to Sweden worth $347M, with Transportation ($139M), Travel ($77.6M), and Other business services ($45.9M) being the largest in terms of value.

In 2020, Sweden exported services to Czechia worth $232M, with Other business services ($70.9M), Personal, cultural, and recreational services ($53M), and Computer and information services ($46.6M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with