Czech Republic recorded a trade deficit of 13293 CZK Million in September of 2021. source: Czech Statistical Office

Balance of Trade in Czech Republic averaged 5942.72 CZK Million from 2005 until 2021, reaching an all time high of 33927 CZK Million in June of 2020 and a record low of -27673 CZK Million in August of 2021. 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 November of 2021.

Balance of Trade in Czech Republic is expected to be 6000.00 CZK Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Czech Republic Balance of Trade is projected to trend around 5500.00 CZK Million in 2022 and 9000.00 CZK Million in 2023, according to our econometric models.

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Czech Republic Balance of Trade

Calendar GMT Actual Previous Consensus TEForecast
2021-10-07 07:00 AM Aug CZK-28.1B CZK-8.2B CZK-7.5B
2021-11-08 08:00 AM Sep CZK-13.3B CZK-27.7B CZK-7B CZK 10B
2021-12-07 08:00 AM Oct CZK-13.3B CZK -12B

Related Last Previous Unit Reference
Balance of Trade -13293.00 -27673.00 CZK Million Sep/21
Current Account to GDP 3.60 0.30 percent of GDP Dec/20
Exports 322050.00 279590.00 CZK Million Sep/21
Imports 335343.00 307263.00 CZK Million Sep/21
Terms of Trade 102.30 102.80 points Sep/21
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.