K
27 September 2024
Kunal
Was this review helpful?
Yes (0)
No (0)
Report Abuse
Key Indicators
- 21,114,360
- 103,592
- Export Trading Partners224
- 12,606,916
- 45,976
- Import Trading Partners227
Overview
Czech Republic: Central European Hub for Trade
Nestled in the heart of Europe, the Czech Republic stands as a pivotal hub for trade, ranking 31 globally in GDP in 2024. The country's trade landscape is shaped by its strategic geographical location and well-developed infrastructure.
Introduction:
The Czech Republic, with its strategic location in Central Europe, boasts a robust import market essential to its manufacturing-driven economy. Key sectors such as automotive, electronics, and machinery are integral for meeting domestic demands and supporting extensive industrial activities, providing ample opportunities for global exporters.
Economic Overview:
As one of the most developed and industrialized economies in Central Europe, the Czech Republic has a significant reliance on imports to fuel its manufacturing sectors, particularly automotive and electronics. The country ranks high in GDP in the region, with imports comprising a large portion of its economic activity. Efforts towards economic diversification include increasing investment in technology and renewable energy sources, impacting future import needs.
Political and Regulatory Environment:
The Czech Republic offers a stable political climate and a favorable business environment, adhering to EU regulations which facilitate trade. Recent changes in trade policies aim to enhance trade efficiency and reduce bureaucratic hurdles, improving import dynamics.
Opportunities and Challenges for Exporters:
Exporters can find lucrative opportunities in high-demand sectors such as automotive components, digital devices, and green technology. Challenges include navigating the competitive European market and stringent EU compliance standards.
Positives:
1. Central European Hub: Positioned at the crossroads of Europe, the Czech Republic serves as a vital link connecting Western and Eastern Europe, facilitating trade flows.
2. Strong Industrial Base: The country's advanced manufacturing sector, particularly in automobiles, machinery, and electronics, drives exports and attracts foreign investment.
3. Infrastructure Development: Continual investment in modern infrastructure, including roads, railways, and ports, enhances connectivity and trade efficiency.
Negatives:
1. Landlocked Geography: Despite its strategic location, being landlocked limits direct access to maritime trade routes, increasing transportation costs.
2. Reliance on Exports: Heavy reliance on exports exposes the economy to external shocks and global market fluctuations.
3. Skills Shortage: Persistent skills shortages in certain industries hinder productivity and competitiveness.
Czech Republic import export data, including buyer and supplier names, is available on the Volza Platform.
Czech Republic import export data, including buyer and supplier names, is available on the Volza Platform.
Imports:
In October 2023, Czech Republic ranked 16th in global imports, with imports valued at 192.03 billion, representing a 2% growth from October 2022.From October 2023 to October 2024, the country's imports amounted to US$269.1 billion, showing a 23% growth from the preceding year.
In 2024, imports totaled 192.03 billion, marking a -17% YOY growth from 2023. Sources of these imports were Germany, China, Poland, Slovakia, Italy, France, USA, Hungary, Austria, Netherlands. Imported products were other than railway or tramway. Suppliers were PRIMARK LIMITED, TE CONNECTIVITY SOLUTIONS GMBH, and SIEMENS S R O. Importers in Czech Republic were Germany: 21.0%, China: 17.6%, and Poland: 8.1%.
Top 10 Import Products:
- Cars (HS code: 8703) - Essential for its prominent automotive industry.
- Crude petroleum (HS code: 2709) - Energy production needs.
- Computers (HS code: 8471) - IT and communications sector.
- Medicaments (HS code: 3004) - Healthcare supplies.
- Mobile phones (HS code: 8517) - Consumer electronics demand.
- Electrical machinery (HS code: 8501) - Various industrial applications.
- Integrated circuits (HS code: 8542) - Electronics manufacturing.
- Machinery parts (HS code: 8409) - Engineering and manufacturing.
- Natural gas (HS code: 2711) - Energy sector.
- Plastic materials (HS code: 3901) - Wide industrial use.
Top Buyers from Czech Republic:
ZF STANKOV SRO, TOYODA GOSEI CZECH S R O, SNOEKS AUTOMOT VE
Solution for Global Exporters:
Global exporters should utilize Volza’s online import data for the Czech Republic to strategically navigate this vibrant market. This platform provides in-depth insights into import trends and consumer demand, helping to optimize export strategies and capitalize on available opportunities efficiently. Visit Volza for real-time data and comprehensive market analysis.
Import Database - Factsheet
Data Source- Detailed Mirror data
- Data Available From
- 01, Jan, 2019
Data Coverage- 40%
Last Shipment- 01, Mar, 2024
Source : Volza Import Data
Czech Republic
Import Data
Import Data
12,606,916 Bill of Ladings, 45,976 Buyers & 103,592 Suppliers
Import
vs
Export
Jan-Dec 2023
Shipments
Data Source: VolzaImport Data
4.9/5
Rated by 25,000+ Satisfied Customers
100% Money Back Guarantee
"
Volza's Solution gives you 100x return in Six Months !
"
Search Import Export Data
Reach out to the Czech Republic Import market Identify verified and active business partners in Czech Republic
Czech Republic Import Data
Product | Importers | Suppliers | Arrival Date |
|---|---|---|---|
METAL CHARM KEYCHAIN BLACK FREE SIZE, RE | 30-04-2024 | ||
SPARE PARTS / ACCESSORIES / COMPONENT FOR MOTORCYCLES-CONTROL PLATE, RH- | 30-04-2024 | ||
SPARE PARTS / ACCESSORIES / COMPONENT FOR MOTORCYCLES-TRANSITION PIECE | 30-04-2024 | ||
SPARE PARTS / ACCESSORIES / COMPONENT FOR MOTORCYCLES-WHEEL, FRONT, 21 X | 30-04-2024 | ||
SPARE PARTS / ACCESSORIES / COMPONENT FOR MOTORCYCLES-HOSE ASSY, RETURN- | 30-04-2024 | ||
SPARE PARTS / ACCESSORIES / COMPONENT FOR MOTORCYCLES-CAP, RADIATOR-PART | 30-04-2024 |
Top 10 Importers
Czech Republic Top 10 Importers
Within our Volza database, we possess comprehensive information about over 10 active importers in Czech Republic. To assist you in identifying the leading importers in Czech Republic, Volza offers an advanced feature that analyzes billions of shipping invoices using more than 20 parameters. Noteworthy among the top 10 importers in Czech Republic are companies like PRIMARK LIMITED, TE CONNECTIVITY SOLUTIONS GMBH , and SIEMENS S R O. These key players are featured prominently within our extensive database. For a more comprehensive overview, please refer to our table, which outlines the top 10 importers, and explore the additional resources provided below.
Czech Republic Top 10 Importers
| Rank | Importers | Shipments |
|---|---|---|
1 | 69,629 | |
2 | 25,781 | |
3 | 24,792 | |
4 | 22,021 | |
5 | 20,126 | |
6 | 11,988 | |
7 | 11,176 | |
8 | 11,122 | |
9 | 11,066 | |
10 | 9,790 |
Data Source : Volza Import Data
Top 10 Import Products
Czech Republic Top 10 Import Products
As the Czech Republic import data reveals, the nation's top import products for 2024 were prominently characterized by:- Cotton Knitting Yarn: 70.80%
- Automobile Component: 22.65%
- Ductile Iron Casting: 2.17%
- Electrical Module: 1.70%
- Snap Ring: 1.36%
- Ferrite Magnet: 0.73%
- Air Shafts: 0.34%
- Cast Iron Lid: 0.21%
- Split Seal: 0.05%
- Hydraulic Motor Part Brake Disc: 0.01%
Czech Republic Top 10 Import Products
| Rank | Import Products | Shipments |
|---|---|---|
1 | COTTON KNITTING YARN | 12,843,432 |
2 | Automobile Component | 4,108,511 |
3 | Ductile Iron Casting | 393,413 |
4 | ELECTRICAL MODULE | 307,608 |
5 | Snap Ring | 245,958 |
6 | Ferrite Magnet | 132,153 |
7 | Air Shafts | 60,783 |
8 | Cast Iron Lid | 38,822 |
9 | Split Seal | 9,320 |
10 | HYDRAULIC MOTOR PART BRAKE DISC | 1,592 |
Data Source : Volza Import Data
Trading Partners
Top Trading Partners of Czech Republic
Import Trading Partners
Export Trading Partners
Top 1 Import Trading Partners
Czech Republic Top 1 Import Trading Partners
Czech Republic trade data from 2024 highlights the nation's top 1 import partners as follows: INDIA (USD 893,391).
The growth rates for the leading three importers were as follows: India at 100.00% .
Trade balance analysis reveals that Czech Republic had a trade deficit with both Iran and China. Specifically, the deficit amounted to USD 300 million with Iran and USD 150 million with China in that year. Czech Republic import statistics show that the country's top 1 import partners in 2024 collectively contributed 87.2% to the overall value of import shipments. Furthermore, Czech Republic’s major imports from India include Automobile Component, COTTON KNITTING YARN, ELECTRICAL MODULE, Snap Ring, Air Shafts, Ductile Iron Casting, Ferrite Magnet, Split Seal, Cast Iron Lid, HYDRAULIC MOTOR PART BRAKE DISC, products. The provided chart below breaks down the values in percentile of Czech Republic’s top 1 import partners for 2024.
Czech Republic Top 1 Import Trading Partners
| Rank | Import Trading Partners | Shipments |
|---|
Data Source : Volza Import Data
Import Data Sample record
Czech Republic Import Data Sample record
Czech Republic import data covers all important shipping details that are essential for businesses to find importers in Czech Republic, analyze market trends and identify potential industries. Czech Republic trade data contains customs-based details including Date, Importer Name, HS Code, HS Code Description, Commercial Description, Gross Weight, Net Weight, Total Value USD and Origin Country. View Czech Republic import data sample with complete number of fields available in data.
Czech Republic Import Data Sample record
Wine of fresh grapes, including fortified wines; grape must other than that of heading 2009
- Date:
- 30 Apr 2024
- HS Code:
- 42050090
- Quantity:
- 6
- Quantity Unit:
- NOS
- Value FC:
- 24.66
- Value:
- HS Descirption:
- Other articles of leather or of composition leather :
- Exporter:
- EICHER MOTORS LIMITED UNIT ROYAL ENFIELD
- Importer:
- VINTAGE GARAGE MOTORS A S
Data Source : Volza Import Data
Czech Republic Import Fields
S.No | Data Fields |
|---|---|
1 | |
2 | |
3 | |
4 | |
5 | |
6 | |
7 | |
8 | |
9 |
Total 72 Fields
Data Source : Volza Import Data
Top 10 Import Ports
Czech Republic Top 10 Import Ports
Czech Republic's global import trade operates through over 10 ports. Prague Ruzyne stands as the predominant port, handling 275,777 import shipments, which constitutes a 33.69% market share. Hamburg follows with an 22.64% share, accounting for 185,367 shipments, while Prague contributes a 19.98% market share with its 163,593 shipments. For detailed import trade statistics of each port in Czech Republic, refer to the provided links below. Collectively, these ports underscore the integrated nature of Czech Republic's trade infrastructure. As the trade data indicates, these crucial import ports facilitate the consistent delivery of essential goods across Czech Republic.
Czech Republic Top 10 Import Ports
| Rank | Importers | Count |
|---|
Data Source : Volza Import Data
Import Bill of Lading
- Import Shipments of Czech Republic
- 12,606,916
- Date
- 30-04-2024
- Shipper Name
- VINTAGE GARAGE MOTORS A S
- Consignee Name
- EICHER MOTORS LIMITED UNIT ROYAL ENFIELD
- Weight Unit
- NOS
- Quantity
- 6
- Shipment Origin
- India
- Port of origin
- Jnpt