2022
Exports
$83.7MWorld Rnk 14 / 159
Flag Rnk 325 / 1208
2022
PRODUCT COMPLEXITY IN Electric Furnaces
1.31Rnk 93 / 1025
2022
Imports
$47.8MWorld Rnk 32 / 209
Flag Rnk 474 / 1213
2022
ECONOMIC COMPLEXITY of Czechia
1.55Rnk 7 / 133

About

Exports In 2022, Czechia exported $83.7M in Electric Furnaces, making it the 14th 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 ($17.6M), China ($9M), France ($5.24M), Poland ($4.89M), and United Kingdom ($3.95M).

The fastest growing export markets for Electric Furnaces of Czechia between 2021 and 2022 were United States ($1.69M), China ($1.67M), and United Kingdom ($1.04M).

Imports In 2022, Czechia imported $47.8M in Electric Furnaces, becoming the 32nd largest importer of Electric Furnaces in the world. At the same year, Electric Furnaces was the 474th most imported product in Czechia. Czechia imports Electric Furnaces primarily from: Germany ($18.8M), Italy ($7.13M), China ($4.37M), United Kingdom ($2.33M), and Japan ($2.23M).

The fastest growing import markets in Electric Furnaces for Czechia between 2021 and 2022 were China ($2.61M), South Korea ($602k), and Slovenia ($600k).

Latest Trends

Oct 2024

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 (2022)$83.7M
IMPORTS (2022)$47.8M
NET TRADE (2022)$35.9M

In 2022, Czechia exported $83.7M in Electric Furnaces. The main destinations of Czechia exports on Electric Furnaces were Germany ($17.6M), China ($9M), France ($5.24M), Poland ($4.89M), and United Kingdom ($3.95M).

In 2022, Czechia imported $47.8M in Electric Furnaces, mainly from Germany ($18.8M), Italy ($7.13M), China ($4.37M), United Kingdom ($2.33M), and Japan ($2.23M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Furnaces EXPORT MARKETS FOR Czechia WERE (2021 - 2022):
United States$1.69M (174%)
China$1.67M (22.7%)
United Kingdom$1.04M (35.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Furnaces BY Czechia WERE (2021 - 2022):
Russia-$4.7M (-67.7%)
Iran-$2.97M (-99.9%)
Romania-$1.76M (-68.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Czechia's main exporting competitors in Electric Furnaces were:
China $1.22B
Italy $722M
In 2022, 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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