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Czech trade balance surplus slows in December

Trade

Image by Pixabay

The Czech Republic registered a surplus of CZK 17.718 billion (some EUR 689.6 million) in December compared to a deficit of CZK 8.225 billion in the same month a year earlier, data from the statistical office showed Monday.

In November, the trade surplus was CZK 33.133 billion.

Exports rose 18% annually in December and imports grew 7.4%. In 2020, trade surplus was CZK 190 billion (EUR 7.39 billion).

Exports and imports declined 4.5% and 5.9%, respectively.

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