lion cu m (1 January 2008 est.)

Current account balance:

-$4.534 billion (2007 est.)

Exports:

$122.3 billion f.o.b. (2007 est.)

Exports - commodities:

machinery and transport equipment 52%, raw materials and fuel 9%,
chemicals 5% (2003)

Exports - partners:

Germany 30.7%, Slovakia 8.7%, Poland 5.9%, France 5.4%, UK 5.1%,
Italy 4.9%, Austria 4.6% (2007)

Imports:

$116.6 billion f.o.b. (2007 est.)

Imports - commodities:

machinery and transport equipment 46%, raw materials and fuels 15%,
chemicals 10% (2003)

Imports - partners:

Germany 31.8%, 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)

Economic aid - recipient:

$278.7 million in available EU structural adjustment and cohesion
funds (2004)

Reserves of foreign exchange and gold:

$34.59 billion (31 December 2007 est.)

Debt - external:

$74.7 billion (31 December 2007)

Stock of direct foreign investment - at home:

$86.75 billion (2007 est.)

Stock of direct foreign investment - abroad:

$6.058 billion (2007 est.)

Market value of publicly traded shares:

$48.6 billion (2006)

Currency (code):

Czech koruna (CZK)

Currency code:

CZK

Exchange rates:

koruny (CZK) per US dollar - 20.53 (2007), 22.596 (2006), 23.957
(2005), 25.7 (2004), 28.209 (2003)

Communications
Czech Republic

Telephones - main lines in use:

2.888 million (2006)

Telephones - mobile cellular:

13.075 million (2007)

Telephone system:

general assessment: privatization and modernization of the Czech
telecommunication system got a late start but is advancing steadily;
access to the fixed-line telephone network expanded throughout the
1990s but the number of fixed line connections has been dropping
since then; mobile telephone usage increased sharply beginning in
the mid-1990s and the number of cellular telephone subscriptions now
greatly exceeds the population
domestic: virtually all exchanges now digital; existing copper
subscriber systems enhanced with Asymmetric Digital Subscriber Line
(ADSL) equipment to accommodate Internet and other digital signals;
trunk systems include fiber-optic cable and microwave radio relay
international: country code - 420; satellite earth stations - 6 (2
Intersputnik - Atlantic and Indian Ocean regions, 1 Intelsat, 1
Eutelsat, 1 Inmarsat, 1 Globalstar) (2007)

Radio broadcast statio