What is the value of US trade with the Czech Republic?
Updates published annually
$9.88 billion in imports and $6.01 billion in exports in 2024. That means that the US imported $3.88 billion more from the Czech Republic than we exported to it. Benefits of trade can include higher wages and job growth, a wider variety of products available at lower prices, increased productivity, and more efficient resource allocation.
$9.88B
Value of imports from the Czech Republic to the US (2024)
$6.01B
Value of exports from the US to the Czech Republic (2024)
Exports are goods and services the US sells to other countries. Imports are goods and services the US buys from other countries. Combining the value of imports and exports shows us how much trade happens between the US and other countries.
The Bureau of Economic Analysis (BEA) provides data for 71 of the US' trading partners (though not necessarily the top 71 trading partners). The partners they track accounted for 94.3% of total trade with the US in 2024.
BEA data ranks the Czech Republic as the US’ 48th top trading partner: In 2024, the US traded $15.9 billion in goods and services with the Czech Republic. Countries with similar trade values include Portugal ($16.2B) and Honduras ($15.8B).
In 2024, the US traded $15.9 billion in goods and services with the Czech Republic.
Total trade value (imports + exports) with the US (2024), by select countries
Another way to look at international trade is through trade balance. A nation that imports more than it exports, has a trade deficit. One that exports more than it imports has a trade surplus. Neither is inherently good or bad; trade balance is just a metric that shows the relationship between imports and exports.
The US has had a trade deficit with the Czech Republic every year from 1999 through 2024. The 2024 deficit was $3.88 billion, a decrease from 2023's deficit of $2.92 billion.
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The trade deficit with the Czech Republic increased to $3.88B in 2024.
Annual trade balance with the Czech Republic, not adjusted for inflation
In 2024, 81.7% of imports from the Czech Republic to the US were goods. The largest category was capital goods (tools used for the production process, like machinery and equipment), accounting for $4.42 billion. The top three imports were capital goods, automotive vehicles and parts, and industrial supplies and materials (items used up in the production process, like oil, chemicals, and plastic). These categories accounted for $6.58 billion of total imports.
The other 18.3% were services, with business services (like R&D, consulting, and tech services) being the largest service category. Business services accounted for $658 million.
Capital goods made up 44.7% of US imports from the Czech Republic in 2024.
US imports from the Czech Republic by category (2024)
In 2024, more US exports to the Czech Republic were goods — 71.1%. The largest export was capital goods, which accounted for a value of $2.82 billion. The top three exports were capital goods, industrial supplies and materials, and other merchandise. These categories accounted for $3.83 billion of exports to the Czech Republic.
The other 28.9% were services, with travel being the largest service category. Travel (money entering the US from foreign visitors on expenses like lodging, meals, transportation, and entertainment) accounted for $463 million.
Capital goods made up 46.9% of US exports to the Czech Republic in 2024.
US exports to the Czech Republic by category (2024)
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Methodology
USAFacts standardizes data, in areas such as time and demographics, to make it easier to understand and compare.
The analysis was generated with the help of AI and reviewed by USAFacts for accuracy.
