Czech Republic
EuropeTrade in Czech Republic
Czech Republic was the world’s 31st largest exporter of goods and 37th largest exporter of commercial services in 2022. Export values were $242.02 billion and $33.64 billion USD respectively. Czech Republic’s top export category was Manufactures, followed by Machinery and transport equipment, and Transport equipment. In 2022, Czech Republic’s main export destination markets for goods and services trade were to Germany, Slovak Republic and Poland, with trade representing 151.92 per cent of GDP. In terms of imports, Czech Republic is the world’s 28th largest importer of goods and 37th largest importer of commercial services. Import values were $236.66 billion and $29.80 billion USD respectively in 2022. Czech Republic’s top import category was Manufactures, followed by Machinery and transport equipment and Office and telecom equipment. Leading import partners were Germany, China and Poland. Czech Republic is part of 47 different Regional Trade Agreements, including EU – Albania and EU – Algeria. |
General InformationThis section includes general information on the economy, legal system, official languages and links to additional demographic information. |
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Official Name |
Czech Republic |
Abbreviation |
CZ |
Capital |
Prague |
WTO Membership Date |
1 January 1995 |
Legal System |
new civil code enacted in 2014, replacing civil code of 1964 - based on former Austro-Hungarian civil codes and socialist theory - and reintroducing former Czech legal terminology |
Language |
Czech |
Number of Time Zone(s) |
1 |
Additional Information | |
Financial InformationThis section includes financial information such as the currency, exchange rate lookup and local banks issuing trade finance. |
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Currency |
Czech koruna |
Exchange Rate |
Google Finance Currencies |
GTFP Confirming Banks Through the IFC's Global Trade Finance Program (GTFP) bank network, local financial institutions can establish working partnerships with a vast number of major international banks in the Program that can broaden access to finance and reduce cash collateral requirements. This extends and complements the capacity of banks to deliver trade finance by providing risk mitigation on a per-transaction basis in challenging markets where trade lines may be limited. |
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Contact InformationThis section includes contact information for business support organizations and national resources. |
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Business Support Organizations |
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Government MSME Agency |
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Copyright Offices |
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Industrial Property Offices |
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SPS Enquiry Points Sanitary and phytosanitary (SPS) enquiry points are government agencies designated to answer questions about trade requirements. |
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TBT Enquiry Points Technical Barriers to Trade (TBT) enquiry points are government agencies designated to answer questions about trade requirements. |
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Additional Information |
ePing alert |
Links to other helpful resourcesThis section includes additional links to trade-related resources. |
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National Tariff Finder |
https://www.celnisprava.cz/en/applications/Pages/taric-cz.aspx |
Last Reviewed: June, 2024
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