The Czech Republic reported a CZK 7.2 billion trade deficit in July of 2021, compared to a CSK 14.1 surplus in July of 2020, mainly due to wider deficit of crude petroleum & natural gas, basic metals, and chemicals & chemical products. At the same time, both the trade surplus of motor vehicles, trailers & semi trailers, and electrical equipment shrank. Exports were up 4.3 percent to CZK 299.8 billion, while imports rose a faster 12.3 percent to CZK 301.7 billion. source: Czech Statistical Office
Balance of Trade in Czech Republic averaged 6234.37 CZK Million from 2005 until 2021, reaching an all time high of 34037 CZK Million in September of 2020 and a record low of -24297 CZK Million in April of 2020. 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 September of 2021.
Balance of Trade in Czech Republic is expected to be 30000.00 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.