{"id":6291,"date":"2018-09-06T00:00:18","date_gmt":"2018-09-05T23:00:18","guid":{"rendered":"https:\/\/praguebusinessjournal.com\/?p=6291"},"modified":"2018-09-06T20:15:52","modified_gmt":"2018-09-06T19:15:52","slug":"foreign-trade-deficit-reaches-kc4-8-billion","status":"publish","type":"post","link":"https:\/\/praguebusinessjournal.com\/foreign-trade-deficit-reaches-kc4-8-billion\/","title":{"rendered":"Foreign Trade Deficit Reaches Kc4.8 Billion"},"content":{"rendered":"

Prague, Sept 6 (CTK) – Czech foreign trade ended in a Kc4.8bn deficit in July, Kc2.9bn higher year on year, and trade in oil and natural gas had a negative impact on the result, the Czech Statistical Office (CSU) said in its preliminary results today.<\/span><\/p>\n

 <\/p>\n

The influence of trade in computers and electronics was positive.<\/span><\/p>\n

 <\/p>\n

This is the first deficit this year but in the previous two years, foreign trade ended in a gap in July as well.<\/span><\/p>\n

 <\/p>\n

Exports increased by 11.1 percent to Kc268bn but this is the lowest monthly figure this year. Czech exports did the best in June, when companies exported goods for Kc319bn.<\/span><\/p>\n

 <\/p>\n

Imports grew by 12.2 percent to Kc273bn, the second lowest figure this year after February when imports reached Kc265bn.<\/span><\/p>\n

 <\/p>\n

Deficit in trade in crude petroleum and natural gas increased by Kc2.9bn. Deficit in trade in chemicals and chemical products and in refined petroleum products deepened as well.<\/span><\/p>\n

 <\/p>\n

Trade surplus in motor vehicles, trailers and semitrailers went down by Kc1.3bn and the balance of other transport vehicles got worse by the same amount as a surplus turned into a deficit.<\/span><\/p>\n

 <\/p>\n

Balance in computer, electronic and optical products improved by Kc2.2bn and brought the main positive effect on the total trade result.<\/span><\/p>\n

 <\/p>\n

Trade with EU28 member states ended in a surplus of Kc44.1bn, Kc5.1bn higher yr\/yr. Trade deficit with non-EU countries increased by Kc7.9bn to Kc47.6bn.<\/span><\/p>\n

 <\/p>\n

In the period from January to July 2018, trade surplus reached Kc100.9bn, which represented a yr\/yr decrease by Kc22.2bn. Since the beginning of the year, exports and imports increased by 1.6 percent and 2.9 percent, respectively.<\/span><\/p>\n

 <\/p>\n

The CSU also carried out the regular annual update. The final 2017 data say that Czech foreign trade ended in a Kc163.5bn surplus last year, roughly the same as in record year 2016 when there was a Kc163.7bn surplus.<\/span><\/p>\n

 <\/p>\n

Exports grew by 6.5 percent to Kc3,500bn and imports by 6.8 percent to Kc3,350bn last year, both figures are record.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Prague, Sept 6 (CTK) – Czech foreign trade ended in a Kc4.8bn deficit in July, Kc2.9bn higher year on year, and trade in oil and natural gas had a negative impact on the result, the Czech Statistical Office (CSU) said in its preliminary results today.   The influence of trade in computers and electronics was … Read more<\/a><\/p>\n","protected":false},"author":6,"featured_media":2118,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[18],"tags":[372],"jetpack_publicize_connections":[],"yoast_head":"\nForeign Trade Deficit Reaches Kc4.8 Billion - Prague Business Journal<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/praguebusinessjournal.com\/foreign-trade-deficit-reaches-kc4-8-billion\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Foreign Trade Deficit Reaches Kc4.8 Billion - Prague Business Journal\" \/>\n<meta property=\"og:description\" content=\"Prague, Sept 6 (CTK) – Czech foreign trade ended in a Kc4.8bn deficit in July, Kc2.9bn higher year on year, and trade in oil and natural gas had a negative impact on the result, the Czech Statistical Office (CSU) said in its preliminary results today.   The influence of trade in computers and electronics was ... 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