2023
Exports
$98.5MWorld Rnk 17 / 187
Flag Rnk 284 / 1208
2023
PRODUCT COMPLEXITY IN Electromagnets
1.1Rnk 144 / 1025
2023
Imports
$230MWorld Rnk 14 / 216
Flag Rnk 184 / 1214
2023
ECONOMIC COMPLEXITY of Czechia
1.6Rnk 7 / 132

About

The fastest growing export markets for Electromagnets of Czechia between 2022 and 2023 were Hungary ($3.51M), Slovakia ($1.94M), and Romania ($1.78M).

Imports In 2023, Czechia imported $230M in Electromagnets, becoming the 14th largest importer of Electromagnets in the world. At the same year, Electromagnets was the 184th most imported product in Czechia. Czechia imports Electromagnets primarily from: Germany ($101M), China ($67.6M), Switzerland ($9.55M), France ($7.59M), and Thailand ($7.11M).

The fastest growing import markets in Electromagnets for Czechia between 2022 and 2023 were Germany ($11.7M), Switzerland ($1.99M), and France ($1.72M).

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 Electromagnets. 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)$98.5M
IMPORTS (2023)$230M
NET TRADE (2023)-$132M

In 2023, Czechia imported $230M in Electromagnets, mainly from Germany ($101M), China ($67.6M), Switzerland ($9.55M), France ($7.59M), and Thailand ($7.11M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electromagnets EXPORT MARKETS FOR Czechia WERE (2022 - 2023):
Hungary$3.51M (389%)
Slovakia$1.94M (19.6%)
Romania$1.78M (39%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electromagnets BY Czechia WERE (2022 - 2023):
Germany-$5.09M (-12.1%)
Finland-$1.3M (-85.1%)
Russia-$196k (-83.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Czechia's main exporting competitors in Electromagnets were:
China $5.34B
Germany $1.17B
Japan $974M
In 2023, Czechia's main importing competitors in Electromagnets were:

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Trade Value of Electromagnets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $8.11M
TOP IMPORT POTENTIALChina+ $9.97M

Electromagnets’s highest export potential is Germany. With an export gap of $8.11M.   Electromagnets’s highest import potential is China with an import gap of $9.97M.

See methodology.

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