2022
Flag  
GDP
$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP GROWTH
15.5%CURRENT US$
Rnk 136 / 186
2022
Flag
 GDP
$291BCURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP GROWTH
39.3%CURRENT US$
Rnk 83 / 186
2022
Flag
GDP PC 
$48,432CURRENT US$
Rnk 21 / 186
2012-2022
Flag
GDP PC GROWTH
10.4%CURRENT US$
Rnk 115 / 186
2022
Flag
GDP PC
$27,638CURRENT US$
Rnk 42 / 186
2012-2022
Flag
GDP PC GROWTH
39.1%CURRENT US$
Rnk 51 / 186

About

Germany-Czechia Trade: In 2022, Germany exported $52.7B to Czechia. The main products that Germany exported to Czechia were Motor vehicles; parts and accessories (8701 to 8705) ($3.16B), Refined Petroleum ($2.6B), and Cars ($1.84B). Over the past 5 years the exports of Germany to Czechia have increased at an annualized rate of 3.38%, from $44.6B in 2017 to $52.7B in 2022.

In 2020, Germany exported services to Czechia worth $4.68B, with Other business services ($1.8B), Transportation ($1.23B), and Travel ($655M) being the largest in terms of value.

Czechia-Germany Trade: In 2022, Czechia exported $75.3B to Germany. The main products that Czechia exported to Germany were Broadcasting Equipment ($6.22B), Cars ($5.82B), and Motor vehicles; parts and accessories (8701 to 8705) ($5.69B). Over the past 5 years the exports of Czechia to Germany have increased at an annualized rate of 3.05%,  from $57.5B in 2017 to $75.3B in 2022.

In 2019, Czechia exported services to Germany worth $4.8B, with Travel ($1.53B), Other business services ($1.19B), and Transportation ($1.14B) being the largest in terms of value.

Comparison: In 2022,  Germany ranked 5 in the Economic Complexity Index (ECI 1.78), and 3 in total exports ($1.6T). That same year, Czechia ranked 7 in the Economic Complexity Index (ECI 1.55), and 30 in total exports ($237B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Germany exported $52.7B to Czechia. The main products exported from Germany to Czechia were Motor vehicles; parts and accessories (8701 to 8705) ($3.16B), Refined Petroleum ($2.6B), and Cars ($1.84B). During the last 5 years the exports of Germany to Czechia have increased at an annualized rate of 3.38%, from $44.6B in 2017 to $52.7B in 2022.

In 2017, Czechia exported $75.3B to Germany. The main products exported from Czechia to Germany were Broadcasting Equipment ($6.22B), Cars ($5.82B), and Motor vehicles; parts and accessories (8701 to 8705) ($5.69B). During the last 5 years the exports of Czechia to Germany have increased at an annualized rate of 3.05%, from $57.5B in 2022 to $75.3B in 2017.

Exports from Germany (Flag) to Czechia (Flag) (2022)

Exports from Czechia (Flag) to Germany (Flag) (2022)

Market Competitiveness

Color
Germany
Top Destination
United States$153B
Czechia
Top Destination
Germany$75.3B

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

In 2022, countries that imported more from Germany than Czechia included United States ($153B), France ($120B), and China ($109B).

In 2022, countries that imported more from Czechia than Germany included Slovakia ($19.7B), Saint Helena ($1.59M), and Samoa ($2.1M).

Difference in imports from Czechia (Flag) and Germany (Flag) (2022)

Comparative Advantage Germany - Czechia

Flow
Scale

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

During 2022, Germany had a large net trade with Czechia in the exports of Machines ($16.5B), Transportation ($6.26B), and Metals ($6.19B).

During 2017, Czechia had a large net trade with Germany in the exports of Machines ($31.3B), Transportation ($12.6B), and Metals ($7.08B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Germany Czechia+$764MCars
Top Product Potential Czechia Germany+$1.73BCars

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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Bilateral Service Trade

In 2020, Germany exported services to Czechia worth $4.68B, with Other business services ($1.8B), Transportation ($1.23B), and Travel ($655M) being the largest in terms of value.

In 2019, Czechia exported services to Germany worth $4.8B, with Travel ($1.53B), Other business services ($1.19B), and Transportation ($1.14B) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Germany (Flag) to Czechia (Flag) (2020)

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

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of Germany (Flag) and Czechia (Flag) (2022)

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