Prednosti jedinstvenog tr

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Prednosti jedinstvenog tržišta EU za ceške
poduzetnike

Veleposlanstvo Republike Ceške
Tomáš Kuchta gospodarski savjetnik
2
Inflation

• 2001 4,1
• 2002 0,6
• 2003 1,0
• 2004 2,8
• Entry to the EU
• 2005 2,2
• 2006 1,7
• 2007 5,4

3
Growth of Exports y/y

• 2001 18,1
• 2002 9,5
• 2003 5,7
• 2004 25,6
• Entry to the EU 1.5.2004
• 2005 16,5
• 2006 20,2
• 2007 18,0

4
Growth of Imports y/y

• 2001 16,5
• 2002 5,8
• 2003 5,1
• 2004 21,4
• Entry to the EU 1.5.2004
• 2005 12,3
• 2006 20,2
• 2007 16,1

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Balance of Trade (mil. )

• 2001 -3 465
• 2002 -2 302
• 2003 -2 183
• 2004 - 839
• Entry to the EU 1.5.2004
• 2005 1 314
• 2006 1 394
• 2007 3 159

6
Gross Domestic Product

• 2001 2,5
• 2002 1,9
• 2003 3,6
• 2004 4,5
• Entry to the EU 1.5.2004
• 2005 6,3
• 2006 6,4
• 2007 5,9

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Industrial production y/y

• 2001 6,7
• 2002 1,9
• 2003 5,5
• 2004 9,6
• Entry to the EU 1.5.2004
• 2005 6,7
• 2006 11,2
• 2007 8,2

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Industrial Output

• /

Industrial Production (y/y changes)
Source Czech Statistical Office
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GDP - structure
10
Inflation
Consumer Price Index (Change in )
Source Czech Statistical Office
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Unemployment

• 2001 8,9
• 2002 9,8
• 2003 10,3
• 2004 10,3
• Entry to the EU 1.5.2004
• 2005 9,7
• 2006 7,7
• 2007 6,0

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Employment
Unemployment Rate (in )
SourceMinisty of Labour and \social Affairs
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Public Finance
General Debt and Balance of Budget
SourceEurostat
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Foreign Trade in Current Prices
Foreign Trade (current prices, y/y change in ,
balance in bill. CZK)
Source Czech Statistical Office
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Foreign Trade by Regions 2009 - EUR
Foreign Trade by Regions
Exports Exports Exports Imports Imports Imports Balance Balance
2008 2009 Index 09/08 2008 2009 Index 09/08 2008 2009
EUR mill. EUR mill. Index 09/08 EUR mill. EUR mill. Index 09/08 EUR mill. EUR mill.
Total 99,274 80,788 81.4 96,533 75,037 77.7 2,714 5,751
Developed countries with a market economy 89,917 73,066 81.3 72,916 56,618 77.6 17,001 16,448
EU countries 27 84,569 68,410 80.9 64,653 50,165 77.6 19,916 18,245
EFTA countries 1,878 1,728 92.0 1,685 1,468 87.1 193 260
Other developed countries with a marked economy 3,470 2,928 84.4 6,578 4,985 75.8 -3,108 -2,057
Developing countries 3,309 3,495 105.6 5,821 5,107 87.7 -2,512 -1,612
European transition economies 977 701 71.8 320 228 71.3 657 473
Commonwealth independent states 4,274 2,843 66.5 8,567 5,064 59.1 -4,293 -2,221
Other) 574 645 112.4 8,706 7,721 88.7 -8,132 -7,076
Unspecified 196 38 19.4 203 299 147.3 -7 -261
OECD countries 86,639 70,810 81.7 72,515 56,432 77.8 14,124 14,378
)China, North Korea, Cuba, Laos, Mongolia,
Vietnam
Source Czech Statistical Office
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Main Trade Partners - import

2008 2008 2008 2009 2009 2009
  (in CZK) USD mill. EUR mill.   (in CZK) USD mill. EUR mill.
Total imports 100.00 142,172 96,533 Total imports 100.00 104,850 75,037
Europe total 77.08 109,748 74,420 Europe total 75.60 79,298 56,740
Germany 26.73 38,319 25,814 Germany 26.61 27,960 19,986
Russian Federation 6.43 9,141 6,209 Poland 6.40 6,736 4,812
Poland 5.85 8,341 5,653 Slovakia 5.43 5,709 4,081
Slovakia 5.54 7,886 5,353 Russian Federation 5.17 5,395 3,873
Italy 4.47 6,381 4,318 Italy 4.39 4,596 3,292
Africa total 0.46 648 443 Africa total 0.42 439 315
South Africa 0.20 280 190 South Africa 0.17 181 130
Morocco 0.05 73 50 Morocco 0.06 59 43
Egypt 0.03 40 27 Tunisia 0.04 38 27
Libya 0.03 33 26 Egypt 0.03 36 26
Ivory Coast 0.02 35 24 Mauricius 0.02 19 13
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Main Trade Partners - export
2008 2008 2008 2009 2009 2009
  (in CZK) USD mill. EUR mill.   (in CZK) USD mill. EUR mill.
Total exports 100.00 146,406 99,247 Total exports 100.00 112,885 80,788
Europe total 92.63 135,642 91,934 Europe total 91.65 103,428 74,037
Germany 30.71 44,969 30,482 Germany 32.32 36,439 26,103
Slovakia 9.20 13,442 9,132 Slovakia 9.00 10,186 7,279
Poland 6.47 9,502 6,430 Poland 5.82 6,578 4,706
France 5.48 8,028 5,435 France 5.63 6,352 4,549
United Kingdom 4.81 7,039 4,770 United Kingdom 4.92 5,574 3,983
Africa total 0.77 1,114 760 Africa total 1.05 1,185 847
South Africa 0.22 317 214 South Africa 0.22 253 182
Egypt 0.16 231 158 Egypt 0.19 212 150
Algeria 0.06 91 63 Algeria 0.15 159 116
Morocco 0.06 86 58 Libya 0.14 168 118
Libya 0.04 61 41 Morocco 0.08 97 69
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Balance of Payments

• Initially current account deficit caused by a
  balance of trade deficit compensated by inflow of
  foreign capital
• Pro-export effect of investment helped the
  balance of trade to become positive (since 2004)
• But the current account as a whole remained in
  red numbers due to outflow of dividends
• High share of FDI is being financed from
  reinvested earnings from previous investments

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Current Account

• Current Account, Trade Balance and Balance of
  Services
• (billions of CZK)

Source Czech Statistical Office
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Inward Foreign Direct Investment
Inflows of FDI (mill. EUR, mill. USD)
Source Czech National Bank
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Investment Opportunities - Year 2011

• Traditional Sectors of Czech Industry
• Automotive and Aerospace Industry
• Electronics
• Precision Engineering
• Chemicals and Plastics
• Sectors with High Potential for the Future
• Nanotechnology
• Biotechnology, Life Sciences and Medical Devices
• Renewable and Alternative Energy

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Investment Opportunities - Year 2011

• High-tech services
• Information and Communication Technologies,
  Software Development
• Strategic Services Shared Service Centres,
  Expert and Solution Provider Centres, High-tech
  Repair Centres
• Research and Development
• Innovation Activities and Applied RD

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Social Security and Health Insurance
Contributions (of gross salary)
Contribution Employer () Employee ()
Health care insurance 9.0 4.5
Pensions 21.5 6.5
Unemployment 1.2 0.0
Sickness and other benefits 2.3 0.0
Total 34.0 11.0
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Property Market
Office Market (avg rent EUR/m2/month)
Business and Logistic Parks (avg rent
EUR/m2/month)
Location Standard A Standard B
Prague
Prague city centre 18.50 20.00 12.50 15.00
Inner city 14.50 17.00 10.00 13.00
Outer city 12.50 14.00 8.00 13.00
Periphery 9.00 12.00 8.00 11.00
Brno 11.00 13.00 7.00 9.00
Plzen 9.50 11.00 5.00 6.00
Ostrava 9.50 12.00 4.50 6.00
Location
Greater Prague location 4.00 5.00
Other Location 3.50 4.50
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CZK/

• 2001 34,083
• 2002 30,812
• 2003 31,844
• 2004 31,904
• Entry to the EU 1.5.2004
• 2005 29,784
• 2006 28,343
• 2007 27,762
• 2011 24,586

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CZK/USD

• 2001 38,038
• 2002 32,736
• 2003 28,227
• 2004 25,701
• Entry to the EU 1.5.2004
• 2005 23,947
• 2006 22,609
• 2007 20,308
• 2011 19,532

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Structural Funds

• 2007 2013
• Total 30 bill.

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Czech Republic Your Partner
Thank you very much for your kind
attention Contact tomas_kuchta_at_mzv.cz