The Czech trade surplus widened to CZK 34.2 billion in July of 2019 from CZK 9.9 billion in the corresponding month of the previous year, as exports jumped 9.8 percent from a year earlier to CZK 363.9 billion while imports went up at a softer 2.5 percent to CZK 329.7 billion. Balance of Trade in Czech Republic averaged 8213.90 CZK Million from 1991 until 2019, reaching an all time high of 52259 CZK Million in April of 2016 and a record low of -39868 CZK Million in December of 1992.
Balance of Trade in Czech Republic is expected to be 40000.00 CZK Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Czech Republic to stand at 38000.00 in 12 months time. In the long-term, the Czech Republic Balance of Trade is projected to trend around 11000.00 CZK Million in 2020, according to our econometric models.