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2022
Flag → Flag
Exports $1.55BRnk 50 / 217
2022
Flag → Flag
Top Product $550MBroadcasting Equipment
2022
Flag → Flag
Exports $1.09BRnk 28 / 205
2022
Flag → Flag
Top Product $152MMotor vehicles; parts and accessories (8701 to 8705)
2022
Flag
Economic Complexity (ECI) ECI 0.64Rnk 40 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.55Rnk 7 / 133
2022
Flag  
GDP$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP GROWTH85.2%CURRENT US$
Rnk 24 / 186
2022
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 GDP$291BCURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP GROWTH39.3%CURRENT US$
Rnk 83 / 186
2022
Flag
GDP PC $2,389CURRENT US$
Rnk 140 / 186
2012-2022
Flag
GDP PC GROWTH66.6%CURRENT US$
Rnk 20 / 186
2022
Flag
GDP PC$27,638CURRENT US$
Rnk 42 / 186
2012-2022
Flag
GDP PC GROWTH39.1%CURRENT US$
Rnk 51 / 186

About

India-Czechia Trade: In 2022, India exported $1.55B to Czechia. The main products that India exported to Czechia were Broadcasting Equipment ($550M), Motor vehicles; parts and accessories (8701 to 8705) ($65.9M), and Packaged Medicaments ($43.1M). Over the past 5 years the exports of India to Czechia have increased at an annualized rate of 19.1%, from $645M in 2017 to $1.55B in 2022.

In 2022, India did not export any services to Czechia.

Czechia-India Trade: In 2022, Czechia exported $1.09B to India. The main products that Czechia exported to India were Motor vehicles; parts and accessories (8701 to 8705) ($152M), Liquid Pumps ($74.2M), and Knitting Machine Accessories ($63.3M). Over the past 5 years the exports of Czechia to India have increased at an annualized rate of 8.55%,  from $726M in 2017 to $1.09B in 2022.

In 2019, Czechia exported services to India worth $96.4M, with Travel ($55.7M), Transportation ($13.7M), and Computer and information services ($10.9M) being the largest in terms of value.

Comparison: In 2022,  India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B). That same year, Czechia ranked 7 in the Economic Complexity Index (ECI 1.55), and 30 in total exports ($237B).

Latest Trends

August, 2024

About

Overview In August 2024, India exported $46.9M and imported $78.6M from Czechia, resulting in a negative trade balance of $31.7M. Between August 2023 and August 2024 the exports of India have decreased by $-22M (-31.9%) from $68.9M to $46.9M, while imports increased by $16.1M (25.8%) from $62.5M to $78.6M.

Trade In August 2024, the top exports of India to Czechia were Telecom Instruments ($65.6M), Electric Machinery And Equipme ($4.98M), Products Of Iron And Steel ($4.7M), Auto Components/Parts ($4M), and Indl. Machnry For Dairy Etc ($3.36M). In August 2024 the top imports of India from Czechia were Auto Components/Parts ($21.2M), Ic Engines And Parts ($15.4M), Pumps Of All Types ($6.01M), Electric Machinery And Equipme ($5.47M), and Electronics Components ($3.98M).

Growth In August 2024, the decrease in India's year-by-year exports to Czechia was explained primarily by an decrease in product exports in Drug Formulations, Biologicals ($-2.06M or -53.5%), Products Of Iron And Steel ($-2.04M or -30.3%), and Iron And Steel ($-511k or -62.4%). In August 2024, the increase in India's year-by-year imports  from Czechia was explained primarily by an increase in product imports  in Ic Engines And Parts ($10.2M or 194%), Pumps Of All Types ($4.39M or 271%), and Medical And Scientific Instrum ($3.04M or 608%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (August 2023 - August 2024)$-22M(-31.9%)
IMPORT GROWTH (August 2023 - August 2024)$16.1M(25.8%)

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

To check Czechia and India trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Czechia and India Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, India exported $1.55B to Czechia. The main products exported from India to Czechia were Broadcasting Equipment ($550M), Motor vehicles; parts and accessories (8701 to 8705) ($65.9M), and Packaged Medicaments ($43.1M). During the last 5 years the exports of India to Czechia have increased at an annualized rate of 19.1%, from $645M in 2017 to $1.55B in 2022.

In 2017, Czechia exported $1.09B to India. The main products exported from Czechia to India were Motor vehicles; parts and accessories (8701 to 8705) ($152M), Liquid Pumps ($74.2M), and Knitting Machine Accessories ($63.3M). During the last 5 years the exports of Czechia to India have increased at an annualized rate of 8.55%, from $726M in 2022 to $1.09B in 2017.

Exports from India (Flag) to Czechia (Flag) (2022)

Exports from Czechia (Flag) to India (Flag) (2022)

Market Competitiveness

Color
India
Top DestinationUnited States$82.9B
Czechia
Top DestinationGermany$75.3B

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

In 2022, countries that imported more from India than Czechia included United States ($82.9B), United Arab Emirates ($31.6B), and Bangladesh ($13.8B).

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

Difference in imports from Czechia (Flag) and India (Flag) (2022)

Comparative Advantage India - Czechia

Flow
Scale

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

During 2022, India had a large net trade with Czechia in the exports of Machines ($806M), Metals ($199M), and Textiles ($144M).

During 2017, Czechia had a large net trade with India in the exports of Machines ($582M), Transportation ($223M), and Plastics and Rubbers ($79.9M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential India Czechia+$139MTelephones
Top Product Potential Czechia India+$135MMotor vehicles; parts and accessories (8701 to 8705)

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, Czechia exported services to India worth $96.4M, with Travel ($55.7M), Transportation ($13.7M), and Computer and information services ($10.9M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Czechia (Flag) to India (Flag) (2019)

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of India (Flag) and Czechia (Flag) (2022)

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