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Exports and imports maintain double-digit growth
07 Apr '08
4 min read
Trade balance improved with the Netherlands (by CZK 1.0 billion) and the United States (by CZK 0.7 billion) as deficit turned into a surplus. Trade deficit rose with China (by CZK 2.3 billion), Japan and Korea (both by CZK 1.6 billion), Thailand (by CZK 0.8 billion) and the Russian Federation (by CZK 0.7 billion). Trade surplus fell with Germany (by CZK 1.7 billion), Hungary (by CZK 1.1 billion) and Serbia (by CZK 0.8 billion).
In the twelve months to February 2008, compared with the previous twelve months, exports and imports grew by 14.2% and 12.5%, respectively. The trade balance reached a surplus of CZK 88.8 billion, which was an improvement of CZK 42.8 billion.
Favourable development was reported for trade in 'machinery' (surplus up by CZK 49.3 billion), 'crude materials, inedible, except fuels' (improvement by CZK 9.7 billion as deficit turned into a surplus), 'related materials' (deficit down by CZK 4.5 billion). Trade balance deteriorated in 'chemicals and related products' (deficit up by CZK 13.9 billion), 'manufactured goods classified chiefly by material' (surplus down by CZK 9.4 billion) and 'miscellaneous manufactured articles' (surplus down by CZK 0.7 billion).
By group of countries, trade surplus with EU states rose by CZK 72.4 billion and trade deficit with non-EU states increased by CZK 29.6 billion. Deficit decreased in trade with the Russian Federation (by CZK 26.0 billion); surplus rose in trade with Slovakia (by CZK 18.2 billion), the United Kingdom (by CZK 11.3 billion), France (by CZK 10.1 billion), Poland (by CZK 9.2 billion), Italy (by CZK 7.7 billion), Switzerland (by CZK 6.2 billion) and Germany (by CZK 3.5 billion).
Trade balance improved with Norway (by CZK 7.9 billion) and the Netherlands (by CZK 7.2 billion) as deficit turned into a surplus. Trade deficit grew with China (by CZK 51.0 billion), Japan (by CZK 15.7 billion), Thailand (by CZK 6.6 billion), Korea (by CZK 5.2), Ireland (by CZK 4.9 billion) and the United States (by CZK 4.4 billion). Trade surplus fell with Austria (by CZK 7.8 billion) and Hungary (by CZK 5.3 billion).
January-February 2008 exports and imports grew by 11.2% and 10.9%, respectively. The trade surplus of CZK 26.5 billion was by CZK 3.8 billion higher year-on-year.
In the twelve months to February 2008, compared with the previous twelve months, exports and imports grew by 14.2% and 12.5%, respectively. The trade balance reached a surplus of CZK 88.8 billion, which was an improvement of CZK 42.8 billion.
Favourable development was reported for trade in 'machinery' (surplus up by CZK 49.3 billion), 'crude materials, inedible, except fuels' (improvement by CZK 9.7 billion as deficit turned into a surplus), 'related materials' (deficit down by CZK 4.5 billion). Trade balance deteriorated in 'chemicals and related products' (deficit up by CZK 13.9 billion), 'manufactured goods classified chiefly by material' (surplus down by CZK 9.4 billion) and 'miscellaneous manufactured articles' (surplus down by CZK 0.7 billion).
By group of countries, trade surplus with EU states rose by CZK 72.4 billion and trade deficit with non-EU states increased by CZK 29.6 billion. Deficit decreased in trade with the Russian Federation (by CZK 26.0 billion); surplus rose in trade with Slovakia (by CZK 18.2 billion), the United Kingdom (by CZK 11.3 billion), France (by CZK 10.1 billion), Poland (by CZK 9.2 billion), Italy (by CZK 7.7 billion), Switzerland (by CZK 6.2 billion) and Germany (by CZK 3.5 billion).
Trade balance improved with Norway (by CZK 7.9 billion) and the Netherlands (by CZK 7.2 billion) as deficit turned into a surplus. Trade deficit grew with China (by CZK 51.0 billion), Japan (by CZK 15.7 billion), Thailand (by CZK 6.6 billion), Korea (by CZK 5.2), Ireland (by CZK 4.9 billion) and the United States (by CZK 4.4 billion). Trade surplus fell with Austria (by CZK 7.8 billion) and Hungary (by CZK 5.3 billion).
January-February 2008 exports and imports grew by 11.2% and 10.9%, respectively. The trade surplus of CZK 26.5 billion was by CZK 3.8 billion higher year-on-year.
Czech Republic Statistical Office
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