A new record has been set in the volume of trade between Italy and the Czech Republic. According to the Czech Statistical Office, Italy has outperformed France and Austria, becoming the Country’s fifth-largest trade partner after Germany, China, Poland and Slovakia. The trend had already proved to be very positive in 2015 and has recorded a new leap forward, reaching 11.8 billion euros in trade volumes in 2016, up 11.6% from 2015.
The relevant uptrend in Italian imports, which amounted to 6.3 billion euros, was counterbalanced by Italian export figures, which totalled 5.5 billion euros. “It is very pleasing to witness this extraordinary growth in trade, which is a reason of pride for Brand Italy in the Czech Republic,” said Ambassador Aldo Amati. He went on: “We are before a market, the Czech market, that offers a broad fan of opportunities that must be constantly explored in the different regions, by stimulating the already excellent predisposition of the Czech public to Made-in-Italy products and the Italian way of life.” Export figures confirm the primacy of the automotive and machinery industry which, in trade volumes, is worth 5.2 billion euros (up 13.9 % from 2015). Italian exports show a steep rise in household appliances and electronic devices (+19.1%), furniture (+14.6%), precision and research instruments (+12%) and in the wine production sector (+11%). Czech exports instead mainly concern the tobacco industry (+73.3%), industrial machinery (+34%), automobiles (+32.2%) and research apparatus (+27.1%).
