International trade in goods (change of ownership) - March 2025
Balance surplus decreased year-on-year
Publication Date: 07. 05. 2025
Product Code: 241018-25
In March 2025, the total balance of international trade1) in goods2) was affected negatively in particular by y−o−y lower trade surplus in 'fabricated metal products' by CZK 5.0 bn and 'electrical equipment' by CZK 4.0 bn. The trade deficit in 'computer, electronic and optical products' deepened by CZK 1.8 bn.
The total trade balance was positively influenced mainly due to an increase of the trade surplus in 'motor vehicles' by CZK 7.4 bn. Y−o−y, trade deficit in 'crude petroleum and natural gas' and 'refined petroleum products' decreased by CZK 1.3 bn and CZK 1.2 bn, respectively.
In March 2025, the positive trade balance with EU Member States rose by CZK 5.8 bn, y−o−y. The trade deficit with non-EU countries increased by CZK 12.3 bn.
Y-o-y exports increased by 6.0% to CZK 429.7 bn and y-o-y imports rose by 8.8% to CZK 397.2 bn. March 2025 had one more working day than March 2024.
“Also in March, we recorded a year-on-year increase in exports of motor vehicles and their parts. This was again linked to an increase in international trade in electrical equipment, with lithium-ion batteries for motor vehicles accounting for the highest year-on-year increases in both imports and exports in previous months,” says Miluše Kavěnová, Director of the International Trade Statistics Department of the Czech Statistical Office.
Month-on-month, the seasonally adjusted exports and imports decreased by 0.2% and 0.4%, respectively.
From January to March 2025, the trade balance reached a surplus of CZK 86.4 bn representing a y−o−y increase of CZK 3.4 bn. Since the beginning of the year, exports have risen by 6.2% and imports by 6.4%.
1) The international trade balance is the difference between exports from the Czech Republic and imports to the Czech Republic.
2) The international trade in goods (change of ownership) reflects export and import performance of the Czech economy, i.e. the international trade balance of the Czech Republic as well. It measures real trade in goods carried out between Czech entities and foreign ones, i.e. the change of ownership between residents and non-residents.
Notes
From 2020 onwards, data for International trade in goods (change of ownership) are subject to recalculation using an updated method, based on a higher level of detail. See Update of the compilation method – International trade in goods (change of ownership).
Since March 2022, in accordance with the methodology of Eurostat, selected data for exports and imports of military equipment and weapons are for safety reasons included in other goods codes and another territorial structure so that the macroeconomic aggregate of international trade in goods is not influenced.
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Data for companies, which are subject to the reporting duty and which failed to report data (non-response), has been imputed according to exports and imports these companies reported in the previous period. Data for companies exempted from the reporting duty were estimated on the basis of the data given in the VAT return forms. The data, which were not available from the VAT return forms, are estimated on the basis of the values for previous periods.
Data for respective months of 2024 and 2025 is preliminary; data up to and including year 2023 is final. When data for the reference month is published, six previous months are updated. All months with preliminary data are updated when data for January, March and July is published. Final data is published always in September of the following year.
Responsible head at the CZSO: Miluše Kavěnová, Director of International Trade Statistics Department, phone number (+420) 274 054 176, e-mail: miluse.kavenova@csu.gov.cz
Contact person: Jana Mazánková, Head of Trade Balance Unit, phone number (+420) 274 054 144, e-mail: jana.mazankova@csu.gov.cz
Method of data collection: Intrastat forms and single administrative documents and value added tax return forms
End of data collection: 20th working day after the end of the reference month
Following data sets: https://csu.gov.cz/produkty/vzonu_ts
241014-24 External Trade of the Czech Republic by CZ-CPA (quarterly)
https://csu.gov.cz/current-product/41321
Next News Release will be published on: June 6, 2025
This press release was not edited for language.