Czechia
Czechia is the 22nd largest export partner of Estonia. In 2023, Estonia's exports to Czechia amounted to €172M and imports from Czechia to €490M, resulting in negative trade balance of €318M.
Exports
2023
In 2023, Estonia's exports to Czechia amounted to €172M, making it the 22nd largest export partner in the world. Compared to the previous year, exports from Estonia to Czechia experienced growth at an annualized rate of 9.1%, from €157M in 2022 to €172M in 2023. Most recently, exports were led by motor vehicle parts, which represent 9.25% of the total exports to Czechia, followed by electrical lighting or signalling equipment (excl...., which account for 6.79%.
Imports
2023
In 2023, Estonia's imports from Czechia ammounted to €490M, making it the 10th largest import partner in the world. Compared to the previous year, imports from Czechia to Estonia experienced growth at an annualized rate of 30.2%, from €376M in 2022 to €490M in 2023. Most recently, imports were led by cars, which represent 52.5% of the total imports from Czechia, followed by packaged medicaments, which account for 52.5%.
Trade Balance
As of 2024 September, Estonia had negative trade balance of €25.1M with Czechia. In 2023 September, it had negative trade balance of €20M.