Czechia-Slovakia Bilateral Trade Analysis 2023
Complete trade statistics: $30.85B total volume •Czechia surplus: $5.61B
Czechia → Slovakia
$18.23B
Exports (2023)
Slovakia → Czechia
$12.62B
Imports (2023)
Trade Balance
$5.61B
Surplus for Czechia
Total Trade
$30.85B
Combined Volume
Trade Flow Visualization
Direct trade relationship between Czechia and Slovakia. 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-Slovakia commercial relationship and competitive positioning in global markets.
Czechia → Slovakia Exports
Export Market Intelligence
🎯 Strategic Export Focus
Czechia's export portfolio to Slovakia 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.
Slovakia → Czechia Imports
Import Dependency Profile
📦 Import Strategy Analysis
Czechia's import pattern from Slovakia 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 Slovakia, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsstrongcomplementarity, with each country specializing in different sectors.
Growth Potential
The $30.85B trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Czechia-Slovakia Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $30.85 billionrepresenting a significant bilateral economic relationship
- Trade Balance: Czechia maintains a surplus of $5.61 billion
- Export Focus: Czechia's primary exports include vehicles: parts and accessories, of bodies, other than safety seat belts, 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, electrical energy
- Import Dependencies: Key imports from Slovakia 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, railway or tramway coaches, vans and trucks: self-propelled, powered from an external source of electricity (excluding those of heading no. 8604), engines: compression-ignition internal combustion piston engines (diesel or semi-diesel engines), of a kind used for the propulsion of vehicles of chapter 87
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents a significant global 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 $30.85B 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 Slovakia'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 $30.85B bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $30.85B 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 $30.85 billion bilateral trade volume represents a significant economic factorfor 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 $5.61 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 Slovakia represents a total trade volume of $30.85 billion in 2023. This partnership demonstrates a favorable trade balance for Czechia, with exports exceeding importsby $5.61 billion.
Export Strengths
Czechia's exports to Slovakia total $18.23 billion, with competitive advantages in vehicles: parts and accessories, of bodies, other than safety seat belts, representing $808.49M or4.4% of bilateral exports.
Import Dependencies
Imports from Slovakia amount to $12.62 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 comprising6.4% 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 Slovakia in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023