2022
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GDP
$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
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GDP GROWTH
-3.67%CURRENT US$
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2022
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 GDP
$291BCURRENT US$
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2012-2022
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GDP GROWTH
39.3%CURRENT US$
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2022
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GDP PC 
$34,158CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
-2.55%CURRENT US$
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2022
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GDP PC
$27,638CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
39.1%CURRENT US$
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About

Italy-Czechia In 2022, Italy exported $8.87B to Czechia. The main products that Italy exported to Czechia are Motor vehicles; parts and accessories (8701 to 8705) ($382M), Other Small Iron Pipes ($199M), and Packaged Medicaments ($190M). During the last 27 years the exports of Italy to Czechia have increased at an annualized rate of 7.15%, from $1.38B in 1995 to $8.87B in 2022.

In 2020, Italy exported services to Czechia worth $915M, with Travel ($417M), Other business services ($200M), and Transportation ($159M) being the largest in terms of value.

Czechia-Italy In 2022, Czechia exported $9.45B to Italy. The main products that Czechia exported to Italy were Cars ($1.41B), Motor vehicles; parts and accessories (8701 to 8705) ($363M), and Rolled Tobacco ($248M). During the last 27 years the exports of Czechia to Italy have increased at an annualized rate of 9.29%, from $858M in 1995 to $9.45B in 2022.

In 2019, Czechia exported services to Italy worth $700M, with Transportation ($263M), Travel ($257M), and Other business services ($95.7M) being the largest in terms of value.

Comparison In 2022,  Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B). That same year, Czechia ranked 7 in the Economic Complexity Index (ECI 1.55), and 30 in total exports ($237B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Italy exported $8.87B to Czechia. The main products exported from Italy to Czechia were Motor vehicles; parts and accessories (8701 to 8705) ($382M), Other Small Iron Pipes ($199M), and Packaged Medicaments ($190M). During the last 27 years the exports of Italy to Czechia have increased at an annualized rate of 7.15%, from $1.38B in 1995 to $8.87B in 2022.

In 2022, Czechia exported $9.45B to Italy. The main products exported from Czechia to Italy were Cars ($1.41B), Motor vehicles; parts and accessories (8701 to 8705) ($363M), and Rolled Tobacco ($248M). During the last 27 years the exports of Czechia to Italy have increased at an annualized rate of 9.29%, from $858M in 1995 to $9.45B in 2022.

Exports from Italy (Flag) to Czechia (Flag) (2022)

Exports from Czechia (Flag) to Italy (Flag) (2022)

Market Competitiveness

Color
Italy
Top Destination
Germany$78.5B
Czechia
Top Destination
Germany$75.3B

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

In 2021, countries that imported more from Italy than Czechia were United States ($68.2B), France ($63.8B), and Spain ($32.8B).

In 2021, countries that imported more from Czechia than Italy were Slovakia ($19.7B), Hungary ($7.87B), and Ukraine ($1.66B).

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

Comparative Advantage Italy - Czechia

Flow
Scale

This chart compares trade between Italy and Czechia by product, considering products traded by both, Italy and Czechia.

During 2022, Italy had a large net trade with Czechia in the exports of Machines ($2.43B), Metals ($1.95B), and Transportation ($775M).

During 2022, Czechia had a large net trade with Italy in the exports of Machines ($2.87B), Transportation ($1.99B), and Metals ($1.02B).

Service Trade

Bilateral Service Trade

In 2020, Italy exported services to Czechia worth $915M, with Travel ($417M), Other business services ($200M), and Transportation ($159M) being the largest in terms of value.

In 2019, Czechia exported services to Italy worth $700M, with Transportation ($263M), Travel ($257M), and Other business services ($95.7M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Italy (Flag) to Czechia (Flag) (2020)

Services Exports from Czechia (Flag) to Italy (Flag) (2019)

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Italy has comparative advantage over Czechia. Similarly, the more yellow a dot/product is, the more Czechia has comparative advantage over Italy.

Product Space of Italy (Flag) and Czechia (Flag) (2022)

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