United Kingdom (GBR) and Czechia (CZE) Trade

2023

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Exports $3.76BRnk 24 / 223

2023

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About

United Kingdom-Czechia Trade: In 2023, United Kingdom exported $3.76B to Czechia. The main products that United Kingdom exported to Czechia were Cars ($442M), Precious Metal Compounds ($195M), and Motor vehicles; parts and accessories (8701 to 8705) ($124M). Over the past 5 years the exports of United Kingdom to Czechia have increased at an annualized rate of 1.15%, from $3.55B in 2018 to $3.76B in 2023.

In 2019, United Kingdom exported services to Czechia worth $1.27B, with Other business services ($375M), Travel ($314M), and Transportation ($293M) being the largest in terms of value.

Czechia-United Kingdom Trade: In 2023, Czechia exported $10.2B to United Kingdom. The main products that Czechia exported to United Kingdom were Cars ($3.32B), Computers ($681M), and Motor vehicles; parts and accessories (8701 to 8705) ($522M). Over the past 5 years the exports of Czechia to United Kingdom have increased at an annualized rate of 3.25%, from $8.19B in 2018 to $10.2B in 2023.

In 2019, Czechia exported services to United Kingdom worth $1.62B, with Other business services ($464M), Transportation ($412M), and Travel ($326M) being the largest in terms of value.

Comparison: In 2023, United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.5), and 14 in total exports ($429B). That same year, Czechia ranked 7 in the Economic Complexity Index (ECI 1.6), and 30 in total exports ($224B).

Latest Trends

November, 2024

About

Overview In November 2024, United Kingdom exported £167M and imported £453M from Czechia, resulting in a negative trade balance of £286M. Between November 2023 and November 2024 the exports of United Kingdom have decreased by £-47.3M (-22.1%) from £214M to £167M, while imports increased by £26.2M (6.13%) from £427M to £453M.

Trade In November 2024, the top exports of United Kingdom to Czechia were Centrifuges (£7.08M), Reaction and Catalytic Products (£6.89M), Motor vehicles; parts and accessories (8701... (£6.56M), Cleaning Products (£5.24M), and Computers (£4.95M). In November 2024 the top imports of United Kingdom from Czechia were Cars (£42M), Computers (£21.1M), Gas Turbines (£20.6M), Motor vehicles; parts and accessories (8701... (£18.9M), and Large Construction Vehicles (£12.6M).

Origins In November 2024 the exports of United Kingdom were mainly from Dover Eurotunnel (£115M), East Midlands Airport (£8.47M), Immingham (£7.51M), Dover (£6.01M), and London (£3.99M), while imports destinations were mainly Dover (£133M), Eurotunnel (£53.1M), Dover Eurotunnel (£41.5M), and Birmingham Airport (£19.3M).

Growth In November 2024, the decrease in United Kingdom's year-by-year exports to Czechia was explained primarily by an decrease in product exports in Beauty Products (£-4.05M or -55.7%), Gas Turbines (£-3.13M or -77.5%), and Chemical Analysis Instruments (£-2.01M or -77.6%). In November 2024, the increase in United Kingdom's year-by-year imports from Czechia was explained primarily by an increase in product imports in Gas Turbines (£14.9M or 258%), Motor vehicles; parts and accessories (8701... (£4.62M or 32.4%), and Packaged Medicaments (£4.49M or 225%).

Latest Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Value

Trade Value

Growth

Growth (%)

Depth

HS2

HS4

HS6

EXPORT GROWTH (November 2023 - November 2024)£-47.3M(-22.1%)

IMPORT GROWTH (November 2023 - November 2024)£26.2M(6.13%)

MAIN EXPORTER (November 2024)Dover Eurotunnel£115M

This section shows exports and imports data at subnational level for United Kingdom. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of United Kingdom over time.

To check Czechia and United Kingdom trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, United Kingdom exported $3.76B to Czechia. The main products exported from United Kingdom to Czechia were Cars ($442M), Precious Metal Compounds ($195M), and Motor vehicles; parts and accessories (8701 to 8705) ($124M). During the last 5 years the exports of United Kingdom to Czechia have increased at an annualized rate of 1.15%, from $3.55B in 2018 to $3.76B in 2023.

In 2018, Czechia exported $10.2B to United Kingdom. The main products exported from Czechia to United Kingdom were Cars ($3.32B), Computers ($681M), and Motor vehicles; parts and accessories (8701 to 8705) ($522M). During the last 5 years the exports of Czechia to United Kingdom have increased at an annualized rate of 3.25%, from $8.19B in 2023 to $10.2B in 2018.

Exports from United Kingdom () to Czechia () (2023)

Exports from Czechia () to United Kingdom () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

United Kingdom
Top DestinationUnited States$59.7B

Czechia
Top DestinationGermany$64.2B

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

In 2023, countries that imported more from United Kingdom than Czechia included United States ($59.7B), China ($35.3B), and Ireland ($29.1B).

In 2023, countries that imported more from Czechia than United Kingdom included Germany ($64.2B), Slovakia ($15.8B), and Poland ($13.8B).

Difference in imports from Czechia () and United Kingdom () (2023)

Comparative Advantage United Kingdom - Czechia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, United Kingdom had a large net trade with Czechia in the exports of Machines ($1.12B), Chemical Products ($701M), and Transportation ($645M).

During 2018, Czechia had a large net trade with United Kingdom in the exports of Transportation ($3.98B), Machines ($3.3B), and Metals ($636M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential United Kingdom Czechia+$82.5MCars

Top Product Potential Czechia United Kingdom+$386MCars

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

Cze Year

Gbr Year

In 2019, United Kingdom exported services to Czechia worth $1.27B, with Other business services ($375M), Travel ($314M), and Transportation ($293M) being the largest in terms of value.

In 2019, Czechia exported services to United Kingdom worth $1.62B, with Other business services ($464M), Transportation ($412M), and Travel ($326M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from United Kingdom () to Czechia () (2019)

Services Exports from Czechia () to United Kingdom () (2019)

Service Trade

Economic Complexity

Competitive Landscape

Year

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

Product Space of United Kingdom () and Czechia () (2023)

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