2023
Exports
$76.8MWorld Rnk 15 / 160
Flag Rnk 325 / 1208
2023
PRODUCT COMPLEXITY IN Electric Furnaces
1.62Rnk 31 / 1025
2023
Imports
$44.7MWorld Rnk 33 / 206
Flag Rnk 490 / 1214
2023
ECONOMIC COMPLEXITY of Czechia
1.6Rnk 7 / 132

About

Exports In 2023, Czechia exported $76.8M in Electric Furnaces, making it the 15th largest exporter of Electric Furnaces in the world. At the same year, Electric Furnaces was the 325th most exported product in Czechia. The main destination of Electric Furnaces exports from Czechia are: Germany ($20.4M), France ($6.63M), Poland ($5.48M), Kazakhstan ($3.54M), and United Kingdom ($3.25M).

The fastest growing export markets for Electric Furnaces of Czechia between 2022 and 2023 were Germany ($4.1M), Kazakhstan ($3.28M), and Canada ($3.09M).

Imports In 2023, Czechia imported $44.7M in Electric Furnaces, becoming the 33rd largest importer of Electric Furnaces in the world. At the same year, Electric Furnaces was the 490th most imported product in Czechia. Czechia imports Electric Furnaces primarily from: Germany ($18M), China ($4.48M), Sweden ($3.86M), Italy ($3.6M), and United Kingdom ($3.29M).

The fastest growing import markets in Electric Furnaces for Czechia between 2022 and 2023 were Sweden ($2.01M), United Kingdom ($1.07M), and Poland ($928k).

Latest Trends

Jan 2025

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Electric Furnaces. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$76.8M
IMPORTS (2023)$44.7M
NET TRADE (2023)$32.1M

In 2023, Czechia exported $76.8M in Electric Furnaces. The main destinations of Czechia exports on Electric Furnaces were Germany ($20.4M), France ($6.63M), Poland ($5.48M), Kazakhstan ($3.54M), and United Kingdom ($3.25M).

In 2023, Czechia imported $44.7M in Electric Furnaces, mainly from Germany ($18M), China ($4.48M), Sweden ($3.86M), Italy ($3.6M), and United Kingdom ($3.29M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electric Furnaces EXPORT MARKETS FOR Czechia WERE (2022 - 2023):
Germany$4.1M (25.1%)
Kazakhstan$3.28M (1.24k%)
Canada$3.09M (15.9k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Furnaces BY Czechia WERE (2022 - 2023):
China-$8.34M (-93.9%)
Pakistan-$2.02M (-99.3%)
Norway-$1.33M (-53.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Czechia's main exporting competitors in Electric Furnaces were:
China $1.28B
Italy $638M
In 2023, Czechia's main importing competitors in Electric Furnaces were:

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Trade Value of Electric Furnaces by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $3.93M
TOP IMPORT POTENTIALGermany+ $3.95M

Electric Furnaces’s highest export potential is China. With an export gap of $3.93M.   Electric Furnaces’s highest import potential is Germany with an import gap of $3.95M.

See methodology.

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