The Czech trade surplus increased to CZK 48 billion in April 2019 from CZK 40.2 billion in the same month last year. Exports climbed 9 percent to CZK 386.7 billion, boosted by sales of machinery & transport equipment (12 percent), manufactured goods (1 percent) and chemicals (15 percent). Among major trade partners, exports rose to Germany (6 percent), Slovakia (12 percent), Poland (9 percent) and France (13 percent). Meanwhile, imports increased at a softer 7.7 percent to CZK 338.7 billion, mainly due to purchases of machinery & transport equipment (9 percent), manufactured goods (2 percent) and chemicals (6 percent). Imports were higher from China (33 percent), Poland (7 percent) and France (3 percent). Balance of Trade in Czech Republic averaged 7951.64 CZK Million from 1991 until 2019, reaching an all time high of 54704 CZK Million in March of 2019 and a record low of -39868 CZK Million in December of 1992.
Balance of Trade in Czech Republic is expected to be 37000.00 CZK Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Czech Republic to stand at 54000.00 in 12 months time. In the long-term, the Czech Republic Balance of Trade is projected to trend around 11000.00 CZK Million in 2020, according to our econometric models.