Czechia (CZE) and Vietnam (VNM) Trade | The Observatory of Economic Complexity

About

Czechia-Vietnam Trade: In 2022, Czechia exported $130M to Vietnam. The main products that Czechia exported to Vietnam were Plastic Pipes ($12.8M), Spring, Air, and Gas Guns ($7.16M), and Non-optical Microscopes ($4.92M). Over the past 5 years the exports of Czechia to Vietnam have decreased at an annualized rate of 1.15%, from $138M in 2017 to $130M in 2022.

In 2022, Czechia did not export any services to Vietnam.

Vietnam-Czechia Trade: In 2022, Vietnam exported $1.48B to Czechia. The main products that Vietnam exported to Czechia were Broadcasting Equipment ($408M), Office Machine Parts ($128M), and Textile Footwear ($78.6M). Over the past 5 years the exports of Vietnam to Czechia have increased at an annualized rate of 18.9%, from $622M in 2017 to $1.48B in 2022.

In 2022, Vietnam did not export any services to Czechia.

Comparison: In 2022, Czechia ranked 7 in the Economic Complexity Index (ECI 1.55), and 30 in total exports ($237B). That same year, Vietnam ranked 55 in the Economic Complexity Index (ECI 0.2), and 19 in total exports ($399B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Czechia exported $130M to Vietnam. The main products exported from Czechia to Vietnam were Plastic Pipes ($12.8M), Spring, Air, and Gas Guns ($7.16M), and Non-optical Microscopes ($4.92M). During the last 5 years the exports of Czechia to Vietnam have decreased at an annualized rate of 1.15%, from $138M in 2017 to $130M in 2022.

In 2017, Vietnam exported $1.48B to Czechia. The main products exported from Vietnam to Czechia were Broadcasting Equipment ($408M), Office Machine Parts ($128M), and Textile Footwear ($78.6M). During the last 5 years the exports of Vietnam to Czechia have increased at an annualized rate of 18.9%, from $622M in 2022 to $1.48B in 2017.

Exports from Czechia () to Vietnam () (2022)

Exports from Vietnam () to Czechia () (2022)

Latest Data

Trade between Czechia () and Vietnam ()

Czechia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Czechia
Top DestinationGermany$75.3B

Vietnam
Top DestinationUnited States$117B

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

In 2022, countries that imported more from Czechia than Vietnam included Germany ($75.3B), Slovakia ($19.7B), and Poland ($16.2B).

In 2022, countries that imported more from Vietnam than Czechia included United States ($117B), China ($58.7B), and South Korea ($25.2B).

Difference in imports from Vietnam () and Czechia () (2022)

Comparative Advantage Czechia - Vietnam

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Czechia had a large net trade with Vietnam in the exports of Machines ($46.5M), Plastics and Rubbers ($20M), and Chemical Products ($12.2M).

During 2017, Vietnam had a large net trade with Czechia in the exports of Machines ($900M), Footwear and Headwear ($167M), and Textiles ($113M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Czechia Vietnam+$10.8MTelephones

Top Product Potential Vietnam Czechia+$234MTelephones

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

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Czechia and Vietnam. This means that a dot/product with the flag of Czechia indicates it has a comparative advantage over Vietnam. Similarly, a dot/product with the flag of Vietnam indicates it has a comparative advantage over Czechia.

About

Historical Data

Bilateral Trade by Products

Exports from Czechia () to Vietnam () (2022)

Exports from Vietnam () to Czechia () (2022)

Latest Data

Trade between Czechia () and Vietnam ()

Czechia Exports

Market Competitiveness

Difference in imports from Vietnam () and Czechia () (2022)

Comparative Advantage Czechia - Vietnam

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of Czechia () and Vietnam () (2022)

Keep Exploring