Czech Republic recorded a trade surplus of 68320 CZK Million in September of 2020. source: Czech Statistical Office

Balance of Trade in Czech Republic averaged 9216.19 CZK Million from 1991 until 2020, reaching an all time high of 68320 CZK Million in September of 2020 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. Czech Republic Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on December of 2020.

Balance of Trade in Czech Republic is expected to be 20000.00 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 40000.00 in 12 months time. In the long-term, the Czech Republic Balance of Trade is projected to trend around 22000.00 CZK Million in 2021 and 37000.00 CZK Million in 2022, according to our econometric models.

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Czech Republic Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
68320.00 30931.00 68320.00 -39868.00 1991 - 2020 CZK Million Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-08-06 07:00 AM Jun CZK 57.3B CZK 16.1B CZK 41B
2020-09-07 07:00 AM Jul CZK 40.8B CZK 57.4B CZK 53B
2020-10-07 07:00 AM Aug CZK 29.9B CZK 43.7B CZK 36B
2020-11-06 08:00 AM Sep CZK 68.3K CZK30.9B CZK 42B
2020-12-08 08:00 AM Oct CZK 68.3K
2021-01-08 08:00 AM Nov
2021-02-05 08:00 AM Dec
2021-03-09 08:00 AM Jan


News Stream
Czech Trade Surplus Narrows in December
Czech trade surplus narrowed to CZK 16.30 billion in December 2019 from CZK 17.88 billion in the same month of the previous year. Exports rose 0.8 percent boosted by sales of chemicals (7.5 percent), manufactured articles (2.3 percent), machinery and transport equipment (0.9 percent), and food (6.5 percent). Among key trade partners, exports increased mostly to the UK (5.2 percent), Russia (10 percent) and the US (7.3 percent), but fell to Germany (-2.1 percent), Slovakia (-2.2 percent), Poland (-0.8 percent) and France (-3.5 percent). Meanwhile, imports increased at a faster 1.4 percent due to purchases of machinery and transport equipment (2.8 percent), chemicals (3.5 percent), manufactured articles (3.3 percent). Imports were up from China (3.1 percent), Poland (4.4 percent), Germany (0.3 percent), the Netherlands (14.2 percent), France (0.4 percent) and the US (33.1 percent), but dropped from Slovakia (-14.7 percent) and Russia (-8.2 percent).
2020-02-06
Czech Trade Surplus Widens in November
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.
2020-01-09
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.
2019-12-09

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.