Czechia
Czechia is the 23rd largest export partner of Estonia. In 2022, Estonia's exports to Czechia amounted to €157M and imports from Czechia to €373M, resulting in negative trade balance of €216M.
Exports
2022
In 2022, Estonia's exports to Czechia amounted to €157M, making it the 23rd largest export partner in the world. Compared to the previous year, exports from Estonia to Czechia experienced growth at an annualized rate of 21.7%, from €129M in 2021 to €157M in 2022. Most recently, exports were led by motor vehicle parts, which represent 8.74% of the total exports to Czechia, followed by electrical lighting or signalling equipment (excl...., which account for 6.77%.
Imports
2022
In 2022, Estonia's imports from Czechia ammounted to €373M, making it the 14th largest import partner in the world. Compared to the previous year, imports from Czechia to Estonia experienced growth at an annualized rate of 29.2%, from €289M in 2021 to €373M in 2022. Most recently, imports were led by cars, which represent 38.8% of the total imports from Czechia, followed by ethylene polymers, which account for 38.8%.
Trade Balance
As of 2023 July, Estonia had negative trade balance of €26.7M with Czechia. In 2022 July, it had negative trade balance of €18.6M.