MARKET OUTLOOK - DECEMBER, 2020
Import/Export Czech Republic
In 2018, was the number 44 economy in the world in terms of GDP (current US$), the number 27 in total exports, the number 28 in total imports, and the number 8 most complex economy according to the Economic Complexity Index. In 2018, Czechia exported $200B and imported $180B, resulting in a positive trade balance of $20.6B. In 2018, Czechia's exports per capita were $18.8k and its imports per capita were $16.9k.
Due to COVID-19 pandemic, Czech GDP is expected to contract by 6.3% in 2020. Moreover, the forecast for the following year has been moderated to 5.7%, as the second wave of COVID-19 has forces the government to re-impose strict containment measures.
SkyMinder, is the CRIF platform allowing the global market to access commercial risk data and take better business decisions on worldwide companies. Through SkyMinder, you can access in-depth credit risk, financial and business information on over 200 million of companies over 230 countries worldwide.
CRIF's Credit & Risk Management Solutions can help you to identify quality business partners and minimize credit risks. Contact CRIF NOW to get more details!