The analysis by the Czech Association of Small and Medium-Sized Enterprises and Crafts points at the effect of re-exports of Czech goods and services to China via Germany. The total volume of exports, including these indirect Czech exports to China, is twice as big as the official statistical data say.The Czech Republic are the most vulnerable out of the V4 countries (Czech Republic, Hungary, Poland, Slovakia). Read more details here and here. President of the Board of Directors of AMSP ČR Karel Havlíček said in an interview for Czech Television that the total volume of exports could be around 3% of Czech GDP.
27th March 2020