Analysis and Studies - Country Analysis
Import/Export Czech Republic
November 26th 2020
In 2018, Czech Republic was the number 44 economy in the world in terms of GDP (current US$), the number 27 in total exports, the number 28 in total imports, and the number 8 most complex economy according to the Economic Complexity Index. In 2018, Czechia exported $200B and imported $180B, resulting in a positive trade balance of $20.6B. In 2018, Czechia's exports per capita were $18.8k and its imports per capita were $16.9k.Due to COVID-19 pandemic, Czech GDP is expected to contract by 6.3% in 2020. Moreover, the forecast for the following year has been moderated to 5.7%, as the second wave of COVID-19 has forces the government to re-impose strict containment measures.
