The Treasurer’s Guide to Trade Finance

Czech Republic

Principal exports

Machinery, transport equipment, raw materials,

fuel and chemicals.

Import/Export documentation

Within the EU: no documentation

requirements, but a commercial invoice is

typically included.

Outside the EU: commercial invoice, customs

declaration, bill of lading, packing list and,

sometimes, a certificate of origin.

Licences

Imports

ƒ Import licences with quotas: various

agricultural imports (in line with the Common

Agricultural Policy); various textile and

clothing imports from Belarus, North Korea

and Uzbekistan; and various steel imports

from Kazakhstan, Russia and Ukraine.

Exports

ƒ Various agricultural products.

ƒ Security licence: certain armaments.

Tariffs/Taxes

Imports

ƒ Tariffs on imports from outside the EU are

set according to the EU’s common customs

code, with higher rates for agricultural

imports.

Exports

ƒ None.

Financing requirements for imports/

exports

ƒ None.

Prohibited items

ƒ Imports that are prohibited in accordance

with EU regulations and UN Security Council

resolutions, such as items deemed a threat

to fauna and flora and national security.

ƒ Exports that are prohibited in accordance

with EU regulations and UN Security Council

resolutions.

Czech Rep imports exports

Trade information

Key trading partners

Imports by origin

EU 64.3%

China 12.5%

Russian

Federation 5.4%

Japan 2.1%

USA 2.0%

Other 13.7%

Source: WTO, September 2012

Exports by destination

EU 83.0%

Russian

Federation 3.2%

USA 1.9%

Switzerland 1.7%

China 1.0%

Other 9.2%