2023
Flag  
GDP
$343BCURRENT US$
Rnk 44 / 195
2013-2023
Flag
GDP GROWTH
61.1%CURRENT US$
Rnk 55 / 195
2023
Flag
 GDP
$27.7TCURRENT US$
Rnk 1 / 195
2013-2023
Flag
GDP GROWTH
64.2%CURRENT US$
Rnk 44 / 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
$82,769CURRENT US$
Rnk 9 / 196
2013-2023
Flag
GDP PC GROWTH
55%CURRENT US$
Rnk 40 / 195

About

Czechia-United States Trade: In 2023, Czechia exported $6.81B to United States. The main products that Czechia exported to United States were Motor vehicles; parts and accessories (8701 to 8705) ($306M), Liquid Pumps ($304M), and Large Construction Vehicles ($256M). Over the past 5 years the exports of Czechia to United States have increased at an annualized rate of 8.01%, from $4.63B in 2018 to $6.81B in 2023.

In 2019, Czechia exported services to United States worth $2.19B, with Computer and information services ($898M), Other business services ($358M), and Travel ($350M) being the largest in terms of value.

United States-Czechia Trade: In 2023, United States exported $5.97B to Czechia. The main products that United States exported to Czechia were Gas Turbines ($517M), Cars ($406M), and Planes, Helicopters, and/or Spacecraft ($399M). Over the past 5 years the exports of United States to Czechia have increased at an annualized rate of 6.09%,  from $4.44B in 2018 to $5.97B in 2023.

In 2017, United States exported services to Czechia worth $1.16B, with Travel ($389M), Financial services ($219M), and Royalties and license fees ($180M) 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, United States ranked 10 in the Economic Complexity Index (ECI 1.5), and 2 in total exports ($1.86T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Czechia exported $6.81B to United States. The main products exported from Czechia to United States were Motor vehicles; parts and accessories (8701 to 8705) ($306M), Liquid Pumps ($304M), and Large Construction Vehicles ($256M). During the last 5 years the exports of Czechia to United States have increased at an annualized rate of 8.01%, from $4.63B in 2018 to $6.81B in 2023.

In 2018, United States exported $5.97B to Czechia. The main products exported from United States to Czechia were Gas Turbines ($517M), Cars ($406M), and Planes, Helicopters, and/or Spacecraft ($399M). During the last 5 years the exports of United States to Czechia have increased at an annualized rate of 6.09%, from $4.44B in 2023 to $5.97B in 2018.

Exports from Czechia (Flag) to United States (Flag) (2023)

Exports from United States (Flag) to Czechia (Flag) (2023)

Latest Data

Trade between Czechia (Flag) and United States (Flag)

Czechia Exports

United States Exports

Market Competitiveness

Color
Czechia
Top Destination
Germany$64.2B
United States
Top Destination
Canada$269B

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

In 2023, countries that imported more from Czechia than United States included Slovakia ($15.8B), Hungary ($7.89B), and Romania ($3.94B).

In 2023, countries that imported more from United States than Czechia included Canada ($269B), Mexico ($243B), and China ($154B).

Difference in imports from United States (Flag) and Czechia (Flag) (2023)

Comparative Advantage Czechia - United States

Flow
Scale

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

During 2023, Czechia had a large net trade with United States in the exports of Machines ($3.33B), Instruments ($635M), and Plastics and Rubbers ($508M).

During 2018, United States had a large net trade with Czechia in the exports of Machines ($2.27B), Transportation ($994M), and Chemical Products ($845M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Czechia United States+$519MTelephones
Top Product Potential United States Czechia+$228MPetroleum Gas

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

Product Space of Czechia (Flag) and United States (Flag) (2023)

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