- overview
- strengths
- Bilateral Agreements
- bilateral trade
- agencies
- Indian Mission
Proximity to European destinations from Prague
Foreign legal entities can conduct trade activities under the same terms and conditions as Czech companies
The Czech Republic’s infrastructure is among the best in Central and Eastern Europe
In the Czech Republic, more and more customers are buying e-cars because of the broader portfolio of brands and models sold in the local market
US$ 95.33mn
FDI equity inflows from Apr 2000 to March 2021
US$ 1,220.33 mn
bilateral trade value for 2022-2022
8400
Overseas Indians living in the Czech Republic
Engineering
industry remains one of the cornerstones of the Czech economy with high level of manufacturing technological maturity and cutting-edge R&D programs
Nano technology
and Life Sciences expertise have resulted in the Czech Republic becoming one of the leaders in these domains
Aviation sector
From basic production to final aircraft assembly and cutting-edge R&D programs, the local aerospace industry has progressed significantly
6th
safest destination out of 163 countries in the world
Automotive sector
With its unique location, good infrastructure and skilled workforce, the Czech Republic plays a significant role in the automotive industry
India's Exports and Imports to Czech Republic
Source: Department of Commerce
Dated: 23/01/2023
Values in US $ Millions
Country / Region: CZECH REPUBLIC
| S.No. | \Year | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 |
|---|---|---|---|---|---|---|
| 1. | EXPORT | 405.36 | 429.13 | 496.35 | 485.48 | 628.23 |
| 2. | %Growth | 5.86 | 15.66 | -2.19 | 29.40 | |
| 3. | India’s Total Export | 303,526.16 | 330,078.09 | 313,361.04 | 291,808.48 | 422,004.40 |
| 4. | %Growth | 8.75 | -5.06 | -6.88 | 44.62 | |
| 5. | %Share | 0.13 | 0.13 | 0.16 | 0.17 | 0.15 |
| 6. | IMPORT | 669.54 | 258.84 | 299.42 | 393.12 | 592.10 |
| 7. | %Growth | -61.34 | 15.68 | 31.29 | 50.62 | |
| 8. | India’s Total Import | 465,580.99 | 514,078.42 | 474,709.28 | 394,435.88 | 613,052.05 |
| 9. | %Growth | 10.42 | -7.66 | -16.91 | 55.43 | |
| 10. | %Share | 0.14 | 0.05 | 0.06 | 0.10 | 0.10 |
| 11. | TOTAL TRADE | 1,074.90 | 687.97 | 795.77 | 878.59 | 1,220.33 |
| 12. | %Growth | -36.00 | 15.67 | 10.41 | 38.90 | |
| 13. | India’s Total Trade | 769,107.15 | 844,156.51 | 788,070.32 | 686,244.36 | 1,035,056.45 |
| 14. | %Growth | 9.76 | -6.64 | -12.92 | 50.83 | |
| 15. | %Share | 0.14 | 0.08 | 0.10 | 0.13 | 0.12 |
| 16. | TRADE BALANCE | -264.18 | 170.29 | 196.93 | 92.36 | 36.13 |
| 17. | India’s Trade Balance | -162,054.83 | -184,000.33 | -161,348.24 | -102,627.40 | -191,047.65 |
Commercial Representative
+420-257-533-562
Sh. Aditya Vats
Second Secretary (Pol.&Eco.)
