Czech Republic

Czech Republic ranked No. 45 in total trade value through April with a total of $2.85 billion. Exports totaled $1.03 billion and Imports totaled $1.82 billion, a deficit of $790.98 million.

U.S. trade with Czech Republic rose to $2.85 billion through April

Czech Republic’s trade with the United States rose to $2.85 billion through the first four months of 2020, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 1.61 percent above its total trade during the same time period last year. U.S. exports to Czech Republic decreased 0.49 percent while U.S. imports from Czech Republic rose 2.85 percent. The U.S. deficit with Czech Republic was $790.98 million.

Through April, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Charleston; No. 2 Chicago O’Hare International Airport; No. 3 Port of Newark; 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 Dallas-Fort Worth International Airport, Texas and No. 5 Los Angeles International Airport. In the current time period, the top five accounted for 37.36 percent of Czech Republic’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Charleston rose 11.79 percent to $260.84 million.
    Exports fell 7.36 percent to $14.95 million. Imports rose 13.21 percent to $245.9 million.
  • Trade with No. 2 Chicago O’Hare International Airport rose 31.38 percent to $258.11 million.
    Exports rose 54.42 percent to $100.16 million. Imports rose 20.03 percent to $157.95 million.
  • Trade with No. 3 Port of Newark fell 8.31 percent to $239.24 million.
    Exports fell 50.53 percent to $19.49 million. Imports fell 0.8 percent to $219.75 million.
  • Trade with No. 4 Port of New Orleans rose 33.7 percent to $163.23 million.
    Exports rose 84.99 percent to $105.11 million. Imports fell 10.96 percent to $58.11 million.
  • Trade with No. 5 Dallas-Fort Worth International Airport, Texas fell 16.33 percent to $145.02 million.
    Exports fell 39.26 percent to $55.81 million. Imports rose 9.55 percent to $89.21 million.

Czech Republic ranked No. 45 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 $1.23 trillion, down 70.43 percent compared to the same period last year. The nation’s exports dropped 70.13 percent to $491.46 billion; imports dropped 70.64 percent to $733.63 billion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $242.17 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 April were the categories of Computers; Computer chips; Computer parts; Civilian aircraft, parts; and Cell phones, related equipment, respectively. They accounted for 40.85 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; Pumps for dispensing liquids; Medicines in individual dosages; and Motor vehicle parts –– accounted for 26.83 percent of all inbound shipments.

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

  • Computers rose 77.23 percent compared to last year to $111.09 million.
  • Computer chips rose 176.69 percent compared to last year to $94.49 million.
  • Computer parts rose 50.69 percent compared to last year to $88.19 million.
  • Civilian aircraft, parts fell 34.78 percent compared to last year to $72.96 million.
  • Cell phones, related equipment fell 21.71 percent compared to last year to $54.71 million.

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

  • Cell phones, related equipment rose 69.05 percent compared to last year to $205.14 million.
  • Computers rose 89.6 percent compared to last year to $73.92 million.
  • Pumps for dispensing liquids rose 3.01 percent compared to last year to $72.42 million.
  • Medicines in individual dosages rose 8.88 percent compared to last year to $69.43 million.
  • Motor vehicle parts fell 19.96 percent compared to last year to $68.06 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.