Imports to Czech Republic increased 1.9 percent year-on-year to CZK 343.4 billion in May of 2019, 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). Imports in Czech Republic averaged 157516.49 CZK Million from 1991 until 2019, reaching an all time high of 400218 CZK Million in October of 2018 and a record low of 14204 CZK Million in January of 1992.
Imports in Czech Republic is expected to be 337000.00 CZK Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Imports in Czech Republic to stand at 356000.00 in 12 months time. In the long-term, the Czech Republic Imports is projected to trend around 338000.00 CZK Million in 2020, according to our econometric models.