The Czech trade surplus widened to CZK 49 billion in November of 2019 from CZK 47 billion in the corresponding month of the previous year, as exports declined 5.3 percent from a year earlier to CZK 409.4 billion while imports dropped at a faster 6.4 percent to CZK 360.4 billion.

Balance of Trade in Czech Republic averaged 8609.33 CZK Million from 1991 until 2019, reaching an all time high of 54987 CZK Million in September of 2019 and a record low of -39868 CZK Million in December of 1992. This page provides the latest reported value for - Czech Republic Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Balance of Trade in Czech Republic is expected to be 54000.00 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 7000.00 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.


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Czech Republic Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
49040.00 40825.00 54987.00 -39868.00 1991 - 2019 CZK Million Monthly
NSA

Calendar GMT Actual Previous Consensus TEForecast
2019-10-07 07:00 AM Aug CZK32.2B CZK32.9B CZK 21B
2019-11-06 08:00 AM Sep CZK55.2B CZK31.4B CZK 40B
2019-12-09 08:00 AM Oct CZK41.7B CZK55.5B CZK 38B
2020-01-09 08:00 AM Nov CZK49B CZK40.8B CZK 35B
2020-02-06 08:00 AM Dec CZK49B CZK 10B
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
2019-12-09
Czech Trade Surplus Widen in October
The Czech trade surplus widened to CZK 41.7 billion in October 2019 from CZK 33.9 billion in the corresponding month of the previous year, as imports declined 5 percent from a year earlier to CZK 380.5 billion while exports fell at a softer 2.9 percent to CZK 422.2 billion.

2019-11-06
Czech Trade Surplus Widens Sharply in September
The Czech trade surplus rose to CZK 55.2 billion in September 2019 from CZK 37.5 billion in the corresponding month of the previous year, as exports jumped 9.1 percent from a year earlier to CZK 404.8 billion while imports went up at a softer 4.8 percent to CZK 349.6 bllion.

2019-10-07
Czech Trade Surplus Widens as Imports Fall
The Czech trade surplus widened to CZK 32.2 billion in August 2019 from CZK 12.0 billion in the corresponding month of the previous year, as imports dropped 6.2 percent from a year earlier to CZK 310.3 billion while exports fell at a slower 0.1 percent to CZK 342.5 billion.

2019-09-06
Czech Trade Surplus Widens in July
The Czech trade surplus widened to CZK 34.2 billion in July of 2019 from CZK 9.9 billion in the corresponding month of the previous year, as exports jumped 9.8 percent from a year earlier to CZK 363.9 billion while imports went up at a softer 2.5 percent to CZK 329.7 billion.

2019-08-06
Czech Trade Surplus Widens as Imports, Exports Slump
The Czech trade surplus widened to CZK 45.4 billion in June 2019 from CZK 34.6 billion in the same month last year, as imports plunged 7.5 percent to CZK 317.0 billion dragged by purchases of machinery & transport equipment (-6.9 percent), manufactured goods (-11.3 percent), chemicals (-4.4 percent), and fuels & lubricants (-13.2 percent). Meanwhile, exports declined at a softer 4 percent to CZK 362.4 billion, mainly due to lower sales of machinery & transport equipment (-3 percent), manufactured goods (-7.8 percent), manufactured articles (-4.4 percent), and chemicals (-0.9 percent).

2019-07-08
Czech Trade Surplus Widens Sharply in May
The Czech trade surplus rose to CZK 52.3 billion in May of 2019 from CZK 26.7 billion in the same month of the last year. Exports climbed 8.8 percent to CZK 395.7 billion, boosted by sales of machinery & transport equipment (11.9 percent); manufactured articles by material (2.4 percent); manufactured articles (3.3 percent) and chemicals & related products (13.2 percent). Among major trade partners, exports rose to Germany (7.7 percent); Slovakia (5.1 percent); Poland (9.5 percent) and France (8.7 percent). Meanwhile, imports increased at a softer 1.9 percent to CZK 343.4 billion, mainly due to purchases of machinery & transport equipment (2.4 percent); manufactured goods by article (0.9 percent); chemicals & related products (6.6 percent) and manufactured articles (3.5 percent). Imports were higher from Germany (2.4 percent); China (11.8 percent); Poland (3.7 percent) and France (4.5 percent).


Czech Republic Balance of Trade
Czech Republic is intensively involved in international trade. It engages in the export of numerous manufactured goods that are used in the production of automobiles, furniture, and electrical appliances. Czech Republic imports mainly machinery and transportation equipment, raw materials, fuels and chemicals. European Union is by far its largest trading partner, accounting for about 83% of exports and 65% of imports.

Czech Republic Trade Last Previous Highest Lowest Unit
Balance of Trade 49040.00 40825.00 54987.00 -39868.00 CZK Million [+]
Current Account 666.10 2929.30 4418.70 -4336.40 EUR Million [+]
Current Account to GDP 0.30 1.10 1.60 -6.20 percent [+]
Imports 360396.00 384511.00 400658.00 14204.00 CZK Million [+]
Exports 409436.00 425336.00 434614.00 9838.00 CZK Million [+]
External Debt 171465.90 170066.50 171883.60 8568.30 EUR Million [+]
Terms of Trade 100.50 100.90 104.30 92.60 points [+]
Capital Flows 8309.51 4338.63 181363.90 -58086.58 CZK MN [+]
Foreign Direct Investment 114674.21 173269.05 2804688.11 11440.56 CZK Million [+]
Remittances 484.60 564.70 585.70 0.00 EUR Million [+]
Gold Reserves 7.99 8.15 13.87 7.99 Tonnes [+]
Terrorism Index 0.87 1.56 2.48 0.01 [+]
Weapons Sales 64.00 98.00 319.00 1.00 USD Million [+]
Crude Oil Production 2.00 1.00 7.00 1.00 BBL/D/1K [+]