czech Trade


Foreign Trade Surplus Plummets In May: CSU

Czech Industry and Trade Ministry, CzechTrade

Prague, July 9 (CTK) – Czech foreign trade surplus fell annually by Kc8.2bn to Kc6.9bn in May, being hurt by trade in cars, coke, other transport equipment and chemicals, according to preliminary data the Czech Statistical Office (CSU) published today.


On the other hand, trade in computers, electronic and optical products helped the trade balance, with a deficit lower by Kc2.5bn yr/yr, the CSU said.


Exports dropped year-on-year by 2.6 percent to Kc305.1bn, while imports stagnated at Kc298.2bn.


Surplus of trade in motor vehicles decreased by Kc4.7bn.


Deficit of trade in coke and refined petroleum products, other transport equipment, and chemicals and chemical products grew by Kc3bn, Kc2.4bn and Kc1.3bn, respectively.


In May, the Czech Republic’s trade balance with the European Union member states ended in a Kc55.9bn surplus, being Kc4.8bn lower in annual comparison.


Trade deficit with the non-EU countries increased by Kc3.6bn to Kc47.8bn.