Surplus of the Czech Trade Balance Fell Year−on−Year

Published: 19.10.2018 Related countries:  U.S.A. U.S.A.

According to preliminary data in current prices, in August 2018 the external trade balance in goods ended in a surplus of CZK 2.3 bn, which was by CZK 2.6 bn lower, year−on−year (y−o−y).

The total balance in the national concept was unfavourably influenced mainly by a worse trade balance of other transport vehicles by CZK 3.7 bn (a surplus turned into a deficit) and by a larger deficit in crude petroleum and natural gas by CZK 3.3 bn. 

A better balance of computer, electronic and optical products by CZK 6.9 bn brought the main positive effect on the total balance.

Published by the team of CzechTrade foreign office in Chicago.

Source: https://www.czso.cz/csu/czso/ari/external-trade-august-2018