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According to data from CZSO, total exports decreased and fell below the rising total of imports, leaving the Czech Republic with a deficit of CZK 13.3 billion, a worsening balance of trade of CZK 47.2 billion year-on-year. Credit: Freepik.

Czech Rep, Nov 11 (BD) – The Czech Republic’s foreign trade balance slipped into deficit in the third quarter of 2021, as imports rose by 12.7%, compared to a 2.8% drop in exports. The main factor was the CZK 20.6 billion year-on-year decline in the trade surplus in motor vehicles. 

In September, the share of exports to Eurozone countries was 65.5%, while the Eurozone share of imports to the Czech Republic was 46.6%. On an annual basis, exports decreased by 1.0% while imports increased by 4.4%.

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https://www.brnodaily.com/wp-content/uploads/2020/06/money-credit-freepik-1024x683.jpghttps://www.brnodaily.com/wp-content/uploads/2020/06/money-credit-freepik-150x100.jpgGiorgia MauraCzech Republic / WorldCzech Republic,Economy,NewsAccording to data from CZSO, total exports decreased and fell below the rising total of imports, leaving the Czech Republic with a deficit of CZK 13.3 billion, a worsening balance of trade of CZK 47.2 billion year-on-year. Credit: Freepik.Czech Rep, Nov 11 (BD) - The Czech Republic’s foreign trade...English News and Events in Brno