Czech Republic: Foreign Trade Surplus Grows

BusinessEconomy ♦ Published: October 8, 2013; 12:13 ♦ (Vindobona)

In August 2013, according to preliminary data of ‘cross−border statistics’ at current prices, exports increased by 1.9% while imports stagnated, year-on-year (y−o−y).

Czech Republic: Foreign Trade Surplus Grows / Picture: © Vindobona.org

The Czech trade balance ended in a surplus of CZK 20.6 bn, which was by CZK 4.2 bn higher compared to August 2012.

According to preliminary data of ‘cross−border statistics’, seasonally adjusted exports and imports rose by 2.8% and 4.2% respectively compared to July 2013. The development trend shows increasing exports (+1.8%) and…