United Kingdom (GBR) and Czechia (CZE) Trade | The Observatory of Economic Complexity

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Pricing

United Kingdom (GBR) and Czechia (CZE) Trade

2022

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Exports $2.83BRnk 29 / 224

2022

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About

United Kingdom-Czechia In 2022, United Kingdom exported $2.83B to Czechia. The main products that United Kingdom exported to Czechia are Gas Turbines ($114M), Centrifuges ($102M), and Cars ($99.1M). During the last 27 years the exports of United Kingdom to Czechia have increased at an annualized rate of 4.14%, from $947M in 1995 to $2.83B in 2022.

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 In 2022, Czechia exported $8.72B to United Kingdom. The main products that Czechia exported to United Kingdom were Cars ($2.27B), Computers ($827M), and Motor vehicles; parts and accessories (8701 to 8705) ($426M). During the last 27 years the exports of Czechia to United Kingdom have increased at an annualized rate of 9.95%, from $673M in 1995 to $8.72B in 2022.

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 2022, United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.38), and 14 in total exports ($469B). That same year, Czechia ranked 6 in the Economic Complexity Index (ECI 1.53), and 30 in total exports ($237B).

Latest Trends

January, 2024

About

Overview In January 2024, United Kingdom exported £159M and imported £459M from Czechia, resulting in a negative trade balance of £300M. Between January 2023 and January 2024 the exports of United Kingdom have decreased by £-738k (-0.46%) from £160M to £159M, while imports increased by £92.6M (25.2%) from £367M to £459M.

Trade In January 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 January 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 January 2024 the exports of United Kingdom were mainly from Dover Eurotunnel (£98.4M), East Midlands Airport (£17.5M), Dover (£10M), London Heathrow Airport (£5.09M), and Harwich (£4.43M), while imports destinations were mainly Dover (£137M), Dover Eurotunnel (£37.7M), Eurotunnel (£31.4M), and Immingham (£18M).

Growth In January 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 January 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

Flow

Exports

Imports

Time Scale

Year

Quarter

Month

Depth

HS2

HS4

HS6

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)£-738k(-0.46%)

IMPORT GROWTH (January 2023 - January 2024)£92.6M(25.2%)

MAIN EXPORTER (January 2024)Dover Eurotunnel£98.4M

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 2022, United Kingdom exported $2.83B to Czechia. The main products exported from United Kingdom to Czechia were Gas Turbines ($114M), Centrifuges ($102M), and Cars ($99.1M). During the last 27 years the exports of United Kingdom to Czechia have increased at an annualized rate of 4.14%, from $947M in 1995 to $2.83B in 2022.

In 2022, Czechia exported $8.72B to United Kingdom. The main products exported from Czechia to United Kingdom were Cars ($2.27B), Computers ($827M), and Motor vehicles; parts and accessories (8701 to 8705) ($426M). During the last 27 years the exports of Czechia to United Kingdom have increased at an annualized rate of 9.95%, from $673M in 1995 to $8.72B in 2022.

Exports from United Kingdom () to Czechia () (2022)

Exports from Czechia () to United Kingdom () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

United Kingdom
Top DestinationUnited States$61.8B

Czechia
Top DestinationGermany$75.3B

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 2021, countries that imported more from United Kingdom than Czechia were United States ($61.8B), Netherlands ($41.9B), and China ($35.4B).

In 2021, countries that imported more from Czechia than United Kingdom were Germany ($75.3B), Slovakia ($19.7B), and Poland ($16.2B).

Difference in imports from Czechia () and United Kingdom () (2022)

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 2022, United Kingdom had a large net trade with Czechia in the exports of Machines ($976M), Chemical Products ($492M), and Transportation ($330M).

During 2022, Czechia had a large net trade with United Kingdom in the exports of Machines ($3.23B), Transportation ($2.84B), and Metals ($568M).

Service Trade

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)

Economic Complexity

Competitive Landscape

Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more United Kingdom has comparative advantage over Czechia. Similarly, the more yellow a dot/product is, the more Czechia has comparative advantage over United Kingdom.

Product Space of United Kingdom () and Czechia () (2022)

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