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Czech Republic Net Trade (Goods & Services, BoP)

Czech Republic's net trade (goods & services, bop) rose to $22.52 billion in 2024, up from $17.01 billion in 2023, according to World Bank. This represents an increase of 32.4% ($5.51 billion) from the previous year. The Czech Republic has net trade (goods & services, bop) higher than the global median ($22.52 billion vs median -$215.12 million). Compared with the median in Europe, the Czech Republic is higher ($22.52 billion vs regional median $1.60 billion) and ranks 13th out of 44 countries in Europe.

Yearly Historical Data (1993-2024)

(in Billion USD)
Year Net Trade (Goods & Services, BoP) (Billion USD)
2024 22.52
2023 17.01
2022 3.38
2021 10.76
2020 16.92
2019 15.66
2018 15.46
2017 16.7
2016 14.97
2015 11.15
2014 13.44
2013 12.12
2012 10.31
2011 8.89
2010 6.19
2009 7.7
2008 5.22
2007 4.05
2006 3.79
2005 2.9
2004 0.53
2003 -2.05
2002 -1.6
2001 -1.55
2000 -1.69
1999 -0.7
1998 -0.73
1997 -3.2
1996 -3.79
1995 -1.84
1994 -0.93
1993 0.5
Czech Republic Net Trade (Goods & Services, BoP) : Definition
Net Trade (Goods & Services, BoP) measures the difference between exports and imports of goods and services in Czech Republic, recorded on a Balance of Payments basis and measured in current US dollars. A positive value indicates a trade surplus, while a negative value indicates a trade deficit.
Indicator Last Value Prior Value Period
Annual Exports $259.29B $253.33B 2024
Annual Imports $229.4B $228.91B 2024
Balance of Trade CZK 5.6B CZK -627M Aug'25
Exports CZK 347.8B CZK 375.9B Aug'25
Exports (% GDP) 69.24% 68.98% 2024
FDI Inflows (% GDP) 3.78% 3.46% 2024
Imports CZK 342.2B CZK 376.5B Aug'25
Imports (% GDP) 62.68% 63.98% 2024
Tariff Rate 1.95% 2.24% 2022
Trade (% GDP) 131.92% 132.96% 2024