Greece (GRC) and Czechia (CZE) Trade | The Observatory of Economic Complexity

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Greece-Czechia Trade: In 2022, Greece exported $469M to Czechia. The main products that Greece exported to Czechia were Packaged Medicaments ($60.3M), Aluminium Plating ($53.4M), and Aluminium Foil ($25.1M). Over the past 5 years the exports of Greece to Czechia have increased at an annualized rate of 10.1%, from $290M in 2017 to $469M in 2022.

In 2020, Greece exported services to Czechia worth $89.1M, with Travel ($55.3M), Transportation ($8.79M), and Other business services ($7.54M) being the largest in terms of value.

Czechia-Greece Trade: In 2022, Czechia exported $624M to Greece. The main products that Czechia exported to Greece were Cars ($100M), Packaged Medicaments ($26.4M), and Non-fillet Fresh Fish ($22.2M). Over the past 5 years the exports of Czechia to Greece have increased at an annualized rate of 9.86%, from $390M in 2017 to $624M in 2022.

In 2019, Czechia exported services to Greece worth $90.9M, with Travel ($51.2M), Transportation ($21.7M), and Other business services ($9.18M) being the largest in terms of value.

Comparison: In 2022, Greece ranked 50 in the Economic Complexity Index (ECI 0.33), and 57 in total exports ($55.7B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Greece exported $469M to Czechia. The main products exported from Greece to Czechia were Packaged Medicaments ($60.3M), Aluminium Plating ($53.4M), and Aluminium Foil ($25.1M). During the last 5 years the exports of Greece to Czechia have increased at an annualized rate of 10.1%, from $290M in 2017 to $469M in 2022.

In 2017, Czechia exported $624M to Greece. The main products exported from Czechia to Greece were Cars ($100M), Packaged Medicaments ($26.4M), and Non-fillet Fresh Fish ($22.2M). During the last 5 years the exports of Czechia to Greece have increased at an annualized rate of 9.86%, from $390M in 2022 to $624M in 2017.

Exports from Greece () to Czechia () (2022)

Exports from Czechia () to Greece () (2022)

Latest Data

Trade between Greece () and Czechia ()

Greece Exports

Date

Czechia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Greece
Top DestinationItaly$5.82B

Czechia
Top DestinationGermany$75.3B

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

In 2022, countries that imported more from Greece than Czechia included Cyprus ($2.92B), Bulgaria ($3.62B), and Libya ($1.95B).

In 2022, countries that imported more from Czechia than Greece included Germany ($75.3B), Slovakia ($19.7B), and Poland ($16.2B).

Difference in imports from Czechia () and Greece () (2022)

Comparative Advantage Greece - Czechia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Greece had a large net trade with Czechia in the exports of Metals ($148M), Chemical Products ($92.7M), and Machines ($49.8M).

During 2017, Czechia had a large net trade with Greece in the exports of Machines ($159M), Transportation ($114M), and Chemical Products ($83.2M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Greece Czechia+$27.3MRefined Petroleum

Top Product Potential Czechia Greece+$53.3MCars

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

Grc Year

In 2020, Greece exported services to Czechia worth $89.1M, with Travel ($55.3M), Transportation ($8.79M), and Other business services ($7.54M) being the largest in terms of value.

In 2019, Czechia exported services to Greece worth $90.9M, with Travel ($51.2M), Transportation ($21.7M), and Other business services ($9.18M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Greece () to Czechia () (2020)

Services Exports from Czechia () to Greece () (2019)

Service Trade

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Greece () to Czechia () (2022)

Exports from Czechia () to Greece () (2022)

Latest Data

Trade between Greece () and Czechia ()

Greece Exports

Czechia Exports

Market Competitiveness

Difference in imports from Czechia () and Greece () (2022)

Comparative Advantage Greece - Czechia

Potential Exports

Potential Exports

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Bilateral Service Trade

Services Exports from Greece () to Czechia () (2020)

Services Exports from Czechia () to Greece () (2019)

Service Trade

Economic Complexity

Competitive Landscape

Product Space of Greece () and Czechia () (2022)

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