2022
Flag  
GDP
$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP GROWTH
13.5%CURRENT US$
Rnk 139 / 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 
$45,850CURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP PC GROWTH
7.92%CURRENT US$
Rnk 122 / 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

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 0.27%,  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).

Historical Data

Bilateral Trade by Products

Depth
Value

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 0.27%, from $8.93B in 2022 to $8.72B in 2017.

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

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

Market Competitiveness

Color
United Kingdom
Top Destination
United States$61.8B
Czechia
Top Destination
Germany$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 (Flag) and United Kingdom (Flag) (2022)

Comparative Advantage United Kingdom - Czechia

Flow
Scale

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

Potential Exports

Depth
View
Sort By
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

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 (Flag) to Czechia (Flag) (2019)

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

Service Trade

Economic Complexity

Competitive Landscape

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 (Flag) and Czechia (Flag) (2022)

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