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 Trade: In 2022, United Kingdom exported $2.83B to Czechia. The main products that United Kingdom exported to Czechia were Gas Turbines ($114M), Centrifuges ($102M), and Cars ($99.1M). Over the past 5 years the exports of United Kingdom to Czechia have decreased at an annualized rate of 2.08%, from $3.14B in 2017 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 Trade: 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). Over the past 5 years the exports of Czechia to United Kingdom have decreased at an annualized rate of 0.48%, from $8.93B in 2017 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 1.42), and 14 in total exports ($469B). That same year, Czechia ranked 7 in the Economic Complexity Index (ECI 1.55), and 30 in total exports ($237B).

Latest Trends

September, 2024

About

Overview In September 2024, United Kingdom exported £162M and imported £472M from Czechia, resulting in a negative trade balance of £311M. Between September 2023 and September 2024 the exports of United Kingdom have increased by £1.06M (0.66%) from £161M to £162M, while imports increased by £25.3M (5.66%) from £447M to £472M.

Trade In September 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 September 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 September 2024 the exports of United Kingdom were mainly from Dover Eurotunnel (£112M), Immingham (£7.77M), East Midlands Airport (£7.48M), Dover (£6.43M), and London (£3.47M), while imports destinations were mainly Dover (£134M), Eurotunnel (£50.1M), Dover Eurotunnel (£48M), and Harwich (£16.9M).

Growth In September 2024, the increase in United Kingdom's year-by-year exports to Czechia was explained primarily by an increase in product exports in Reaction and Catalytic Products (£6.88M or 194k%), Motor vehicles; parts and accessories (8701... (£4.22M or 180%), and Titanium (£3.18M or 242%). In September 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 (September 2023 - September 2024)£1.06M(0.66%)

IMPORT GROWTH (September 2023 - September 2024)£25.3M(5.66%)

MAIN EXPORTER (September 2024)Dover Eurotunnel£112M

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 5 years the exports of United Kingdom to Czechia have decreased at an annualized rate of 2.08%, from $3.14B in 2017 to $2.83B in 2022.

In 2017, 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 5 years the exports of Czechia to United Kingdom have decreased at an annualized rate of 0.48%, from $8.93B in 2022 to $8.72B in 2017.

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 2022, countries that imported more from United Kingdom than Czechia included United States ($61.8B), Netherlands ($41.9B), and China ($35.4B).

In 2022, countries that imported more from Czechia than United Kingdom included 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 2017, Czechia had a large net trade with United Kingdom in the exports of Machines ($3.23B), Transportation ($2.84B), and Metals ($568M).

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 () (2022)

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