2022
Flag  
GDP
$2.14TCURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP GROWTH
17%CURRENT US$
Rnk 129 / 186
2022
Flag
 GDP
$291BCURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP GROWTH
39.3%CURRENT US$
Rnk 83 / 186
2022
Flag
GDP PC 
$54,966CURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP PC GROWTH
4.36%CURRENT US$
Rnk 130 / 186
2022
Flag
GDP PC
$27,638CURRENT US$
Rnk 42 / 186
2012-2022
Flag
GDP PC GROWTH
39.1%CURRENT US$
Rnk 51 / 186

About

Canada-Czechia Trade: In 2022, Canada exported $320M to Czechia. The main products that Canada exported to Czechia were Coal Briquettes ($85.2M), Planes, Helicopters, and/or Spacecraft ($34.2M), and Beauty Products ($23.6M). Over the past 5 years the exports of Canada to Czechia have increased at an annualized rate of 8.25%, from $215M in 2017 to $320M in 2022.

In 2020, Canada exported services to Czechia worth $12.7M, with Royalties and license fees ($9.69M), Computer and information services ($1.49M), and Communications services ($746k) being the largest in terms of value.

Czechia-Canada Trade: In 2022, Czechia exported $509M to Canada. The main products that Czechia exported to Canada were Iron Railway Products ($21M), Motor vehicles; parts and accessories (8701 to 8705) ($20.4M), and Rubber Tires ($18.8M). Over the past 5 years the exports of Czechia to Canada have increased at an annualized rate of 6.08%,  from $379M in 2017 to $509M in 2022.

In 2022, Czechia did not export any services to Canada.

Comparison: In 2022,  Canada ranked 31 in the Economic Complexity Index (ECI 0.92), and 9 in total exports ($587B). That same year, Czechia ranked 7 in the Economic Complexity Index (ECI 1.55), and 30 in total exports ($237B).

Historical Data

Market Competitiveness

Color
Canada
Top Destination
United States$438B
Czechia
Top Destination
Germany$75.3B

This map shows whether countries import more from Canada or Czechia. Each country is colored based on the difference in imports they receive from Canada and Czechia or the difference in the growth in imports.

In 2022, countries that imported more from Canada than Czechia included United States ($438B), China ($25.4B), and Japan ($14.3B).

In 2022, countries that imported more from Czechia than Canada included Germany ($75.3B), Slovakia ($19.7B), and Poland ($16.2B).

Difference in imports from Czechia (Flag) and Canada (Flag) (2022)

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Canada Czechia+$21.3MCars
Top Product Potential Czechia Canada+$48.8MMotor vehicles; parts and accessories (8701 to 8705)

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Canada and Czechia. This means that a dot/product with the flag of Canada indicates it has a comparative advantage over Czechia. Similarly, a dot/product with the flag of Czechia indicates it has a comparative advantage over Canada.

Product Space of Canada (Flag) and Czechia (Flag) (NaN)

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