Czechia-Germany Bilateral Trade Analysis 2023
Complete trade statistics: $121.74B total volume •Czechia surplus: $14.85B
Czechia → Germany
$68.29B
Exports (2023)
Germany → Czechia
$53.44B
Imports (2023)
Trade Balance
$14.85B
Surplus for Czechia
Total Trade
$121.74B
Combined Volume
Trade Flow Visualization
Direct trade relationship between Czechia and Germany. Green line shows exports from Czechia, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Czechia-Germany commercial relationship and competitive positioning in global markets.
Czechia → Germany Exports
Export Market Intelligence
🎯 Strategic Export Focus
Czechia's export portfolio to Germany demonstrates strong diversification across multiple sectors, with vehicles: parts and accessories, of bodies, other than safety seat belts representing a key competitive advantage in this bilateral market.
Germany → Czechia Imports
Import Dependency Profile
📦 Import Strategy Analysis
Czechia's import pattern from Germany reveals strategic sourcingin petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Czechia demonstrates competitive strength in exportingvehicles: parts and accessories, of bodies, other than safety seat belts to Germany, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsstrongcomplementarity, with each country specializing in different sectors.
Growth Potential
The $121.74B trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Czechia-Germany Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $121.74 billionrepresenting a significant bilateral economic relationship
- Trade Balance: Czechia maintains a surplus of $14.85 billion
- Export Focus: Czechia's primary exports include vehicles: parts and accessories, of bodies, other than safety seat belts, vehicles: with only compression-ignition internal combustion piston engine (diesel or semi-diesel), cylinder capacity over 1500 but not over 2500cc, electric accumulators: lithium-ion, including separators, whether or not rectangular (including square)
- Import Dependencies: Key imports from Germany include petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils, vehicles: parts and accessories, of bodies, other than safety seat belts, catalysts, supported: reaction initiators, reaction accelerators and catalytic preparations, with precious metal or precious metal compounds as the active substance, n.e.c. or included
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents one of the world's largest trade partnerships, with complementary economic strengths driving sustained commercial exchange.
Historical Trade Analysis & Economic Context
Trade Evolution Timeline
2019-2023: Recent Trends
Current trade volume of $121.74B represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.
2015-2019: Growth Period
Sustained expansion in bilateral trade driven by complementary economic structures, with Czechia leveraging its comparative advantages in vehicles: parts and accessories, of bodies, other than safety seat belts.
2010-2015: Foundation Building
Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.
Pre-2010: Early Development
Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.
Key Economic Drivers
Comparative Advantage
Czechia's specialization in vehicles: parts and accessories, of bodies, other than safety seat beltscomplements Germany's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $121.74B bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $121.74B bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.
Economic Impact & Strategic Outlook
Economic Impact Assessment
Trade Volume Impact
The $121.74 billion bilateral trade volume represents a major economic driverfor both economies.
Industrial Integration
Trade flows in vehicles: parts and accessories, of bodies, other than safety seat belts and petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Czechia's trade surplus of $14.85 billion strengthens its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯Strategic Recommendations
- Strengthen cooperation in high-value sectors beyond current trade patterns
- Develop alternative supply chains to reduce dependency risks
- Explore joint ventures in emerging technology sectors
- Enhance trade facilitation and reduce transaction costs
Market Position & Competitive Summary
The bilateral trade relationship between Czechia and Germany represents a total trade volume of $121.74 billion in 2023. This partnership demonstrates a favorable trade balance for Czechia, with exports exceeding importsby $14.85 billion.
Export Strengths
Czechia's exports to Germany total $68.29 billion, with competitive advantages in vehicles: parts and accessories, of bodies, other than safety seat belts, representing $2.84B or4.2% of bilateral exports.
Import Dependencies
Imports from Germany amount to $53.44 billion, highlighting economic interdependence in petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils, with Petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils comprising3.9% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Czechia's competitive position in this bilateral relationship. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.
Download Bilateral Trade Data
Access detailed trade data between Czechia and Germany in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023