The Czech Republic

Though with only a population of 10.6 million, the Czech Republic is one of the most prosperous and industrialized economies in central Europe and serves as an entry point for U.S. companies expanding beyond traditional markets in western Europe to the developing markets in the east. As the European Union (EU) member, the Czech market complies with EU market entry regulations.

Building on its geographical location and strong industrial base, the Czech Republic has opened its markets and attracted foreign direct investment. The economy has become highly integrated in global supply chains and economic growth has been strong, though volatile. As a medium-sized, open, export-driven economy, the Czech Republic is heavily dependent on foreign demand, especially from the Eurozone. More than eighty percent of Czech exports go to EU states, particularly Germany. Similarly, top suppliers of imports are Germany, Poland, and Slovakia.  Although locally produced and EU-imported agricultural products dominate the Czech market, there are good opportunities for U.S. products, particularly at the upper end of the market.

U.S. Embassy, Prague

Covers the countries of Czech Republic, and Slovakia.

420-257-022-000

Upcoming Events

Fruit Logistica 2023
Fruit Logistica 2023
February 08, 2023 - February 10, 2023 – Berlin
BIOFACH 2023
BIOFACH 2023
February 14, 2023 - February 17, 2023 – Nuremberg

Past Events

SIAL 2022
SIAL 2022
October 15, 2022 - October 19, 2022 – Paris
BIOFACH 2022
BIOFACH 2022
July 26, 2022 - July 29, 2022 – Nuremberg
Seafood Expo Global 2022 in Barcelona
Seafood Expo Global 2022 in Barcelona
April 26, 2022 - April 28, 2022 – Barcelona
Fruit Logistica 2022
Fruit Logistica 2022
April 05, 2022 - April 07, 2022 – Berlin

Reports for the Czech Republic