Trade and Finance
Exports: $122 billion (2007) Export goods: machinery and transport goods 52%, raw materials 9%, chemicals 5%, other 34% (2003).
Imports: $116.6 billion Import goods: machinery and transport goods 46%, raw materials and fuels 16%, chemicals 10%, other 28% (2003)
Current Account balance: -$4,533,000 (2007)
Export partners: Germany 30.8%, Slovakia 8.7%, Poland 5.9%, France 5.4%, UK 5.1%, Italy 4.9%, Austria 4.6% (2007).
Import partners: Germany 31.4%, Netherlands 6.7%, Slovakia 6.4%, Poland 6.3%, Austria 5.1%, China 5.1%, Russia 4.5%, Italy 4.4%, France 4.1% (2007).
Reserves: $34.59 billion (2007)
Foreign Direct Investment: $86.75 billion (2007)
Czech Investment Abroad: $6.058 billion (2007)
External debt: $74.7 billion (2007)
Value of Publicly Traded Shares: $48.6 billion (2006)
Exchange rates:
- koruny (Kč) per US$1 – 18.75 (December 2010), 18.277 (2007), 23.957 (2005), 25.7 (2004), 28.2 (2003), 32.7 (2002), 38.0 (2001), 38.6 (2001), 34.6 (1999), 32.3 (1998), 31.7 (1997), 27.1 (1996), 26.5 (1995)
- koruny (Kč) per EUR€1 - 25.06 (December 2010)
Read more about this topic: Economy Of The Czech Republic
Famous quotes containing the words trade and, trade and/or finance:
“Trade and commerce, if they were not made of India-rubber, would never manage to bounce over the obstacles which legislators are continually putting in their way; and, if one were to judge these men wholly by the effects of their actions and not partly by their intentions, they would deserve to be classed and punished with those mischievous persons who put obstructions on the railroads.”
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“Conversation is a traffick; and if you enter into it, without some stock of knowledge, to ballance the account perpetually betwixt you,—the trade drops at once: and this is the reason ... why travellers have so little [good] conversation with natives,—owing to their [the natives’] suspicion ... that there is nothing to be extracted from the conversation ... worth the trouble of their bad language.”
—Laurence Sterne (1713–1768)
“A bank is a confidence trick. If you put up the right signs, the wizards of finance themselves will come in and ask you to take their money.”
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