Vietnam (VNM) and Czechia (CZE) Trade | The Observatory of Economic Complexity

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Vietnam-Czechia Trade: In 2022, Vietnam exported $1.48B to Czechia. The main products that Vietnam exported to Czechia were Broadcasting Equipment ($408M), Office Machine Parts ($128M), and Textile Footwear ($78.6M). Over the past 5 years the exports of Vietnam to Czechia have increased at an annualized rate of 18.9%, from $622M in 2017 to $1.48B in 2022.

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

Czechia-Vietnam Trade: In 2022, Czechia exported $130M to Vietnam. The main products that Czechia exported to Vietnam were Plastic Pipes ($12.8M), Spring, Air, and Gas Guns ($7.16M), and Non-optical Microscopes ($4.92M). Over the past 5 years the exports of Czechia to Vietnam have decreased at an annualized rate of 1.15%, from $138M in 2017 to $130M in 2022.

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

Comparison: In 2022, Vietnam ranked 55 in the Economic Complexity Index (ECI 0.2), and 19 in total exports ($399B). 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, Vietnam exported $1.48B to Czechia. The main products exported from Vietnam to Czechia were Broadcasting Equipment ($408M), Office Machine Parts ($128M), and Textile Footwear ($78.6M). During the last 5 years the exports of Vietnam to Czechia have increased at an annualized rate of 18.9%, from $622M in 2017 to $1.48B in 2022.

In 2017, Czechia exported $130M to Vietnam. The main products exported from Czechia to Vietnam were Plastic Pipes ($12.8M), Spring, Air, and Gas Guns ($7.16M), and Non-optical Microscopes ($4.92M). During the last 5 years the exports of Czechia to Vietnam have decreased at an annualized rate of 1.15%, from $138M in 2022 to $130M in 2017.

Exports from Vietnam () to Czechia () (2022)

Exports from Czechia () to Vietnam () (2022)

Latest Data

Trade between Vietnam () and Czechia ()

Czechia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Vietnam
Top DestinationUnited States$117B

Czechia
Top DestinationGermany$75.3B

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

In 2022, countries that imported more from Vietnam than Czechia included United States ($117B), China ($58.7B), and South Korea ($25.2B).

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

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

Comparative Advantage Vietnam - Czechia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Vietnam had a large net trade with Czechia in the exports of Machines ($900M), Footwear and Headwear ($167M), and Textiles ($113M).

During 2017, Czechia had a large net trade with Vietnam in the exports of Machines ($46.5M), Plastics and Rubbers ($20M), and Chemical Products ($12.2M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Vietnam Czechia+$234MTelephones

Top Product Potential Czechia Vietnam+$10.8MTelephones

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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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Vietnam () to Czechia () (2022)

Exports from Czechia () to Vietnam () (2022)

Latest Data

Trade between Vietnam () and Czechia ()

Czechia Exports

Market Competitiveness

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

Comparative Advantage Vietnam - Czechia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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