Czech Republic

Czech Republic ranked No. 44 in total trade value through June with a total of $4.1 billion. Exports totaled $1.46 billion and Imports totaled $2.64 billion, a deficit of $1.18 billion.

U.S. trade with Czech Republic rose to $4.1 billion through June

Czech Republic’s trade with the United States rose to $4.1 billion through the first six months of 2020, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 0.95 percent below its total trade during the same time period last year. U.S. exports to Czech Republic decreased 1.02 percent while U.S. imports from Czech Republic fell 0.91 percent. The U.S. deficit with Czech Republic was $1.18 billion.

Through June, the top five among the nation’s airports, seaports and border crossings were No. 1 Chicago O’Hare International Airport; No. 2 Port of Newark; No. 3 Port of Charleston; No. 4 Port of New Orleans; and No. 5 Dallas-Fort Worth International Airport, Texas. During the same period the previous year, the top five were No. 1 Port of Newark; No. 2 Port of Charleston; No. 3 Chicago O’Hare International Airport; No. 4 Los Angeles International Airport and No. 5 Dallas-Fort Worth International Airport, Texas. In the current time period, the top five accounted for 37.28 percent of Czech Republic’s U.S. trade.

Among those top five:

  • Trade with No. 1 Chicago O’Hare International Airport rose 35.67 percent to $377.82 million.
    Exports rose 47.18 percent to $135.23 million. Imports rose 30 percent to $242.59 million.
  • Trade with No. 2 Port of Newark fell 9.21 percent to $360.33 million.
    Exports fell 50.7 percent to $28.31 million. Imports fell 2.2 percent to $332.03 million.
  • Trade with No. 3 Port of Charleston fell 8.59 percent to $336.92 million.
    Exports fell 7.54 percent to $21.62 million. Imports fell 8.67 percent to $315.3 million.
  • Trade with No. 4 Port of New Orleans rose 32.22 percent to $232.64 million.
    Exports rose 99.32 percent to $149.16 million. Imports fell 17.44 percent to $83.48 million.
  • Trade with No. 5 Dallas-Fort Worth International Airport, Texas fell 8.12 percent to $222.14 million.
    Exports fell 39 percent to $78.66 million. Imports rose 27.18 percent to $143.48 million.

Czech Republic ranked No. 44 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 48.

Meanwhile, total U.S. trade with the world increased to $1.77 trillion, down 57.4 percent compared to the same period last year. The nation’s exports dropped 58.23 percent to $687.16 billion; imports dropped 56.85 percent to $1.08 trillion. The nation’s top five countries so far this year, by value, are Canada; Mexico; China; Japan and Germany. The overall trade deficit was $391.01 billion, down compared to the same period of last year when the deficit was $853.23 billion.

The top five U.S. exports to Czech Republic by value through June were the categories of Computers; Computer chips; Computer parts; Civilian aircraft, parts; and Cell phones, related equipment, respectively. They accounted for 39.92 percent of total exports to Czech Republic.

The value of the top five categories of U.S. imports from Czech Republic –– Cell phones, related equipment; Computers; Medicines in individual dosages; Returned exports, without change; and Pumps for dispensing liquids –– accounted for 27.88 percent of all inbound shipments.

Looking more closely at U.S. exports to Czech Republic:

  • Computers rose 63.73 percent compared to last year to $141.78 million.
  • Computer chips rose 291.35 percent compared to last year to $141.68 million.
  • Computer parts rose 83.08 percent compared to last year to $123.97 million.
  • Civilian aircraft, parts fell 40.46 percent compared to last year to $91.41 million.
  • Cell phones, related equipment fell 21.45 percent compared to last year to $84.02 million.

Looking more closely at U.S. imports from Czech Republic:

  • Cell phones, related equipment rose 65.66 percent compared to last year to $274.47 million.
  • Computers rose 184.16 percent compared to last year to $161.96 million.
  • Medicines in individual dosages rose 14.09 percent compared to last year to $109.37 million.
  • Returned exports, without change fell 3.42 percent compared to last year to $95.8 million.
  • Pumps for dispensing liquids fell 14.15 percent compared to last year to $95.4 million.

In the latest annual figures available, Czech Republic recorded $8.33 billion in trade with the United States. Total U.S. exports to Czech Republic were $ 2.79 billion and imports from Czech Republic were $5.54 billion. The U.S. deficit with Czech Republic was $2.75 billion.