Exports in Czech Republic
The Czech Republic recorded average export growth of 3.8% in the decade to 2022. In 2022, export growth was 7.2%. For more exports information, visit our dedicated page.
Czech Republic Exports Chart
Czech Republic Exports Data
|Exports (G&S, ann. var. %)||3.7||1.4||-8.1||6.8||7.2|
Economy contracts in Q3
The economy shrank 0.3% in seasonally adjusted quarter-on-quarter terms in Q3, following Q2’s flat reading. Meanwhile, output decreased 0.6% on a seasonally adjusted year-on-year basis in Q3, matching the 0.6% contraction recorded in Q2.
According to a press release, domestic demand weighed on quarter-on-quarter growth. Moreover, employment decreased by 0.7% quarter on quarter.
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Czech exports projections for the next ten years from a panel of 16 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable exports forecast available for Czech exports.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Czech exports projections.
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