Czech Republic: Exports and Imports Decreased Considerably

BusinessEconomy ♦ Published: April 9, 2013; 11:58 ♦ (Vindobona)

In February 2013, according to preliminary data of ‘cross−border statistics’, exports and imports at current prices fell by 3.6% and 4.4%, year-on-year (y−o−y), respectively.

Czech Republic: Exports and Imports Decreased Considerably / Picture: © Vindobona.org

The trade balance ended in a surplus of CZK 28.7 bn, which was by CZK 1.0 bn higher compared to February 2012. According to preliminary data of ‘corss−border statistics’, seasonally adjusted exports fell by 0.6% while imports rose by 0.6% compared to January 2013. The development trend shows decreasing exports (−0.2%) and imports (−0.3%).

Year−on−year, exports and…