2023
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GDP
$1.62TCURRENT US$
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2013-2023
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GDP GROWTH
18.9%CURRENT US$
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2023
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 GDP
$343BCURRENT US$
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2013-2023
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GDP GROWTH
61.1%CURRENT US$
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2023
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GDP PC 
$33,509CURRENT US$
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2013-2023
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GDP PC GROWTH
14.7%CURRENT US$
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2023
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GDP PC
$31,591CURRENT US$
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2013-2023
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GDP PC GROWTH
55.9%CURRENT US$
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About

Spain-Czechia Trade: In 2023, Spain exported $4.11B to Czechia. The main products that Spain exported to Czechia were Motor vehicles; parts and accessories (8701 to 8705) ($465M), Cars ($432M), and Pig Meat ($286M). Over the past 5 years the exports of Spain to Czechia have increased at an annualized rate of 4.61%, from $3.28B in 2018 to $4.11B in 2023.

In 2009, Spain exported services to Czechia worth $359M, with Services not allocated ($279M) and Travel ($79.2M) being the largest in terms of value.

Czechia-Spain Trade: In 2023, Czechia exported $6.53B to Spain. The main products that Czechia exported to Spain were Cars ($1.54B), Motor vehicles; parts and accessories (8701 to 8705) ($847M), and Reaction and Catalytic Products ($550M). Over the past 5 years the exports of Czechia to Spain have increased at an annualized rate of 3.02%,  from $5.63B in 2018 to $6.53B in 2023.

In 2019, Czechia exported services to Spain worth $550M, with Transportation ($305M), Travel ($165M), and Other business services ($50.5M) being the largest in terms of value.

Comparison: In 2023,  Spain ranked 31 in the Economic Complexity Index (ECI 0.86), and 16 in total exports ($402B). That same year, Czechia ranked 7 in the Economic Complexity Index (ECI 1.6), and 30 in total exports ($224B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Spain exported $4.11B to Czechia. The main products exported from Spain to Czechia were Motor vehicles; parts and accessories (8701 to 8705) ($465M), Cars ($432M), and Pig Meat ($286M). During the last 5 years the exports of Spain to Czechia have increased at an annualized rate of 4.61%, from $3.28B in 2018 to $4.11B in 2023.

In 2018, Czechia exported $6.53B to Spain. The main products exported from Czechia to Spain were Cars ($1.54B), Motor vehicles; parts and accessories (8701 to 8705) ($847M), and Reaction and Catalytic Products ($550M). During the last 5 years the exports of Czechia to Spain have increased at an annualized rate of 3.02%, from $5.63B in 2023 to $6.53B in 2018.

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

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

Market Competitiveness

Color
Spain
Top Destination
France$61.9B
Czechia
Top Destination
Germany$64.2B

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

In 2023, countries that imported more from Spain than Czechia included France ($61.9B), Portugal ($38.1B), and Italy ($34.7B).

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

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

Comparative Advantage Spain - Czechia

Flow
Scale

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

During 2023, Spain had a large net trade with Czechia in the exports of Transportation ($974M), Machines ($642M), and Plastics and Rubbers ($447M).

During 2018, Czechia had a large net trade with Spain in the exports of Transportation ($2.46B), Machines ($2.08B), and Chemical Products ($720M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Spain Czechia+$112MCars
Top Product Potential Czechia Spain+$164MMotor vehicles; parts and accessories (8701 to 8705)

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 2009, Spain exported services to Czechia worth $359M, with Services not allocated ($279M) and Travel ($79.2M) being the largest in terms of value.

In 2019, Czechia exported services to Spain worth $550M, with Transportation ($305M), Travel ($165M), and Other business services ($50.5M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Spain (Flag) to Czechia (Flag) (2009)

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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