2 minute read
OSC, Working with Energy
from Indonesia, Malaysia, Philippines, Thailand, Vietnam, Brunei, Cambodia, Laos, Myanmar 2019/2020
by PP AGENCY
Mutual Trade Relations between the CR and the ASEAN Countries
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The ASEAN countries rank among the Czech Republic´s important trade partners. In 2018, the CR´s trade turnover with the ASEAN states increased dynamically, with Czech imports (CZK 122.6 billion) at the end of the year, amounting to nearly five times the sum of its exports (CZK 25.4 billion). The 2018 turnover reached CZK 148 billion. This imbalance is of a long-term character. Traditionally, the largest partners of the Czech Republic have been Thailand, Singapore, Malaysia, Indonesia, Vietnam, the Philippines, and in the past also Burma/Myanmar.
In terms of the commodity structure, the prevailing items in the area of Czech exports are comprised in the Machinery and Transport Equipment group (electrical and electronic equipment and parts thereof, automobiles, pumps, data processing equipment, machinery for the leather and textile industries), mainly to Singapore, Malaysia, the Philippines, Vietnam, Thailand and Indonesia; the Industrial Goods group (measuring, checking and analysing instruments), to Singapore, Thailand, Indonesia, Vietnam, Malaysia, and the Products Classified Mainly by Material group (paper, cardboard, rubber tyres and inner tubes, pearls and semi-precious stones, glassware), to Thailand, Malaysia, Singapore, the Philippines and Indonesia. From the Chemicals and Related Products group (chemical – miscellaneous, tubes, pipes, plastic hoses), exports go to Malaysia, Thailand, Indonesia, Vietnam, the Philippines, and Myanmar. In imports, the prevailing items are from the Machinery and Transport Equipment group (electrical and electronic equipment and parts thereof, telecommunication equipment and
equipment for automatic data processing, office machines, cooling and heating equipment and parts thereof, parts and accessories of motor vehicles, batteries, bulbs, electrical machines and parts thereof), from Malaysia, Thailand, Vietnam, the Philippines, and Singapore. From the Industrial Consumer Goods group (footwear, office supplies, perambulators, toys, games, sports equipment, jewels, suitcases, bags, clothes, clothing accessories, measuring and checking instruments, optical devices, furniture, musical in-
Trade Exchange between the Czech Republic and the ASEAN Countries in 2018
Country Exports Imports Turnover BalanceBrunei 12 826 139 12 965 12 688Philippines 2 4732 869 9 691 270 12 164 139 -7 218 401Indonesia 2 941 013 7 435 383 10 376 396 -4 494 370Cambodia 116 536 5 160 685 5 277 221 -5 044 149Laos 633 313 114 184 747 497 519 129Malaysia 4 545 480 35 368 882 39 914 362 -30 823 402Myanmar 108 546 1 773 592 1 882 138 -1 665 046Singapore 7 513 856 11 607 746 19 121 602 -4 093 890Thailand 3 925 643 29 106 486 33 032 129 -25 180 843Vietnam 3 081 946 22 382 874 25 464 820 -19 300 928ASEAN 25 352 028 122 641 241 147 993 269 -97 289 213
Data in thousand CZK published by the Czech Statistical Office
Photo: pixabay.com
14 Czech Republic – Your Trade Partner