Czech Republic Freight Transport and Shipping Report - Business Monitor International - Industry Reports

Czech Republic Freight Transport and Shipping Report

Czech Republic Freight Transport and Shipping Report - Business Monitor International - Industry Reports
Czech Republic Freight Transport and Shipping Report
Published Aug 13, 2016
50 pages — Published Aug 13, 2016
Price US$ 1,295.00  |  Buy this Report Now

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Abstract:

Czech economy and its tight integration with other European economies, we do not expect its export sector to suffer. On the contrary, stronger import growth will aid the country to rebalance its economy towards a more consumption based model and make it less vulnerable to external shocks. ...On the contrary, stronger import growth will aid the country to rebalance its economy towards a more consumption based model and make it less vulnerable to external shocks. The Czech Republic s strong position as a manufacturing hub for autos, machinery and pharmaceuticals has rendered its products relatively price inelastic, limiting the negative impact of short-term price increases. In the medium-to-long term, the appreciation of the koruna will eventually prompt Czech manufacturers to improve productivity and cost-efficiency. ...Our bullish view is further underpinned by high consumer confidence readings, although levels have come down moderately from recent highs. The Czech Republic is indirectly exposed to Brexit via weaker real GDP growth in the eurozone, which will negatively impact exports and export-related investment in the coming quarters.

...The ongoing economic slowdown in China will have negative implications on the Czech manufacturing and export sectors over at least the short term. Deputy trade ministers from the Czech Republic and Vietnam put pen to paper on bilateral co-operation between ---------, reported Viet Nam News in July ----, providing a potential boost to Czech freight going forward as trade links are strengthened. ...The ongoing economic slowdown in China will have negative implications on the Czech manufacturing and export sectors over at least the short term. Deputy trade ministers from the Czech Republic and Vietnam put pen to paper on bilateral co-operation between ---------, reported Viet Nam News in July ----, providing a potential boost to Czech freight going forward as trade links are strengthened. Vietnamese Deputy Minister of Industry and Trade H Th Kim Thoa and Czech Deputy Minister for Industry and Trade Jiri Koliba, accompanied by numerous representatives, spoke of their desire to build a strong long-term relationship. ...The outperforming mode in the Czech Republic s freight mix in ---- is set to be air, although this is starting from a low statistical base. In terms of y-o-y total trade growth, we anticipate annual gains of -.- in ----, which will drop slightly over the medium-term forecast period, due to weaknesses in the eurozone, especially following the uncertainty following Britain s exit from the EU. Top trade partners are Germany, Slovakia and Poland in both export and import terms.

...In ----, we expect real growth in imports and exports to be at similar levels, -.- and -.- respectively, although over the next two years we forecast exports to outpace imports. The Czech Republic s main manufacturing industries are in machinery production such as automobiles. ...

  
Source:
Document ID
2397-3900
Country
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Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

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MLA:
Business Monitor International - Industry Reports. "Czech Republic Freight Transport and Shipping Report" Aug 13, 2016. Alacra Store. Dec 03, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Czech-Republic-Freight-Transport-and-Shipping-Report-2026-1854>
  
APA:
Business Monitor International - Industry Reports. (2016). Czech Republic Freight Transport and Shipping Report Aug 13, 2016. New York, NY: Alacra Store. Retrieved Dec 03, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Czech-Republic-Freight-Transport-and-Shipping-Report-2026-1854>
  
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