United States (USA) and Czechia (CZE) Trade

2022

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Exports $4.75BRnk 47 / 219

2022

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About

United States-Czechia In 2022, United States exported $4.75B to Czechia. The main products that United States exported to Czechia are Office Machine Parts ($422M), Crude Petroleum ($409M), and Gas Turbines ($313M). During the last 27 years the exports of United States to Czechia have increased at an annualized rate of 7.99%, from $596M in 1995 to $4.75B in 2022.

In 2017, United States exported services to Czechia worth $1.16B, with Travel ($389M), Financial services ($219M), and Royalties and license fees ($180M) being the largest in terms of value.

Czechia-United States In 2022, Czechia exported $6.28B to United States. The main products that Czechia exported to United States were Rubber Tires ($285M), Broadcasting Equipment ($279M), and Office Machine Parts ($226M). During the last 27 years the exports of Czechia to United States have increased at an annualized rate of 10.2%, from $456M in 1995 to $6.28B in 2022.

In 2019, Czechia exported services to United States worth $2.19B, with Computer and information services ($898M), Other business services ($358M), and Travel ($350M) being the largest in terms of value.

Comparison In 2022, United States ranked 10 in the Economic Complexity Index (ECI 1.41), and 2 in total exports ($1.95T). That same year, Czechia ranked 6 in the Economic Complexity Index (ECI 1.53), and 30 in total exports ($237B).

COMPANIES In 2023, leading companies such as IKEA SUPPLY AG (16.8k), ROBERT BOSCH TOOL CORPORATION (15k), and TE CONNECTIVITY CORPORATION (3.26k) were at the forefront of exporting goods from Czechia to the United States. Conversely, KOVONA SYSTEM, A.S. (9.62k), CONSTELLIUM EXTRUSIONS DECIN S.R.O. (8.04k), and BJS CZECH S.R.O. (4.29k) were notable for importing Czechia products to the United States.

Latest Trends

January, 2024

About

Overview In January 2024, United States exported $448M and imported $610M from Czechia, resulting in a negative trade balance of $162M. Between January 2023 and January 2024 the exports of United States have increased by $90.2M (25.2%) from $358M to $448M, while imports increased by $4.82M (0.8%) from $605M to $610M.

Trade In January 2024, the top exports of United States to Czechia were Integrated Circuits ($88.9M), Office Machine Parts ($27.7M), Computers ($26M), Gas Turbines ($14.8M), and Commodities not elsewhere specified ($13.7M). In January 2024 the top imports of United States from Czechia were Telephones ($46.3M), Rubber Tires ($33.9M), Motor vehicles; parts and accessories (8701... ($30.4M), Commodities not elsewhere specified ($30.3M), and Liquid Pumps ($26.6M).

Origins In January 2024 the exports of United States were mainly from Maryland ($60.2M), Washington ($55.7M), Texas ($47.8M), California ($42.7M), and Arizona ($35.3M), while imports destinations were mainly Texas ($86.9M), South Carolina ($57.8M), North Carolina ($45.7M), California ($39M), and Pennsylvania ($37.7M).

Growth In January 2024, the increase in United States's year-by-year exports to Czechia was explained primarily by an increase in product exports in Integrated Circuits ($73.1M or 462%), Office Machine Parts ($15.5M or 127%), and Aircraft Parts ($6.37M or 89.3%). In January 2024, the increase in United States's year-by-year imports from Czechia was explained primarily by an increase in product imports in Motor vehicles; parts and accessories (8701... ($13.3M or 77.5%), Rubber Tires ($9.79M or 40.7%), and Air Pumps ($8.28M or 113%).

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)$90.2M(25.2%)

IMPORT GROWTH (January 2023 - January 2024)$4.82M(0.8%)

MAIN EXPORTER (January 2024)Maryland$60.2M

This section shows exports and imports data at subnational level for United States. 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 States over time.

To check Czechia and United States 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 States exported $4.75B to Czechia. The main products exported from United States to Czechia were Office Machine Parts ($422M), Crude Petroleum ($409M), and Gas Turbines ($313M). During the last 27 years the exports of United States to Czechia have increased at an annualized rate of 7.99%, from $596M in 1995 to $4.75B in 2022.

In 2022, Czechia exported $6.28B to United States. The main products exported from Czechia to United States were Rubber Tires ($285M), Broadcasting Equipment ($279M), and Office Machine Parts ($226M). During the last 27 years the exports of Czechia to United States have increased at an annualized rate of 10.2%, from $456M in 1995 to $6.28B in 2022.

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

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

Market Competitiveness

Color

Exports

Export Growth

Section

Year

United States
Top DestinationCanada$308B

Czechia
Top DestinationGermany$75.3B

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

In 2021, countries that imported more from United States than Czechia were Canada ($308B), Mexico ($294B), and China ($151B).

In 2021, countries that imported more from Czechia than United States were Slovakia ($19.7B), Austria ($10.9B), and Hungary ($7.87B).

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

Comparative Advantage United States - Czechia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, United States had a large net trade with Czechia in the exports of Machines ($2.08B), Mineral Products ($842M), and Chemical Products ($379M).

During 2022, Czechia had a large net trade with United States in the exports of Machines ($3.11B), Plastics and Rubbers ($541M), and Metals ($528M).

Service Trade

Bilateral Service Trade

Cze Year

Usa Year

In 2017, United States exported services to Czechia worth $1.16B, with Travel ($389M), Financial services ($219M), and Royalties and license fees ($180M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from United States () to Czechia () (2017)

Services Exports from Czechia () to United States () (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 States has comparative advantage over Czechia. Similarly, the more yellow a dot/product is, the more Czechia has comparative advantage over United States.

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

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