Transcript US Commercial Service Czech Republic

Doug Woods
Chairman of AMT
President, Parlec International
&
Malcolm Mason
Business Development Director
AMT
Market Update Breakfast
Central/Eastern Europe
September 9, 2006
Erin Butler-Mueller
Commercial Attaché
U.S. Embassy Prague
U.S. Commercial Services – A Resource
to Help AMT Member Companies
Market Update Breakfast
Central/Eastern Europe
September 9, 2006
Czech Republic
Your Gateway to Europe
U.S. Commercial Service
Erin Butler-Mueller
Commercial Attache
Czech Republic Statistics
2005
Population
10.24 mil
Labor Force
5.27 mil
Unemployment
9.1 %
Inflation Rate
1.9 %
Purchase Price Parity $18,100
GDP growth
6%
Average Monthly Manufacturing
Wage
$550
1 USD = 23.72 CZK
Economy

Exports
$ 78.37 billion in 2005
transport equipment 15.8 %
machinery 12.5 %
metallurgy-related products 13.3 %
communication equipment 6.3 %

Imports
$ 76.59 billion in 2005
machinery and transport equipment 21.1 %
raw materials and fuels 10.1 %
chemicals 10.4 %
metallurgy products 7.7 %
Czech foreign trade - CZK 1.78 billion surplus in 2005
The first-ever trade surplus since 1993 was achieved mainly
due to the influence of foreign investors in the automobile
industry
An Industrial Economy
FDI to the Czech Republic more than
doubled from $5.6 billion in 2004 to $11.4
billion in 2005.
GDP By Sector:
 Agriculture 3.4 %
 Industry 39.3 %
 Services 57.3 %
A Wired Society
Households with PC and Internet Access
in Central Europe by % of Population
Cell phones
users
Czech Republic
Slovakia
Hungary
Estonia
94.7
68.1
68.6
66.2
E-commerce
(share of
turnover sold
Internet users via Internet)
26.4
25.3
16
33.4
3.3
1.1
0.8
1
E-government
(availability as
a % of the
basic services)
30
15
15
63
Source: Eurostat, Czech Statistical Office
Language Skills
Multilingual Czech Speakers by % of Population
% Population
70
60
50
40
30
20
10
0
50-59
40-49
English
30-39
French
18-29
German
Age Groups
FDI Confidence Index 2005
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
13.
14.
China
U.S.A.
India
U.K.
Germany
France
Australia
Hong Kong
Italy
Japan
Russia
Poland
Spain
Czech Republic
15.
16.
17.
18.
19.
20.
21.
22.
23.
24.
25.
Malaysia
Canada
Brazil
Singapore
Hungary
Thailand
South Korea
Mexico
Indonesia
Netherlands
Taiwan
Source: AT Kearney
Major U.S. Investors
The U.S. is the 5th largest investor in the
Czech Republic with $3 billion invested.
Best prospects for U.S. companies
1.
Automotive Parts & Equipment
lighting equipment, filters, bumpers, shock absorbers,
electronic equipment parts, in-car entertainment,
security equipment, car care products
2. Electronics Sector
Electronic components, heavy current technology,
computer technologies
3. Medical Equipment
Sterilizing equipment, dental equipment, bone implants,
infusion and transfusion sets, catheters, cobalt
irradiators, computer processed visual systems,
medicine infusion pumps, X-ray and mammography
systems
Best prospects for U.S. companies
4. Electrical Power Systems
·
Equipment for the retrofit of coal plants, including boilers and
pumps; control systems and software services for distribution
networks; equipment/services for nuclear reactors; renewable
energy equipment; control systems, pipeline reconstruction,
underground storage for natural gas
5. Telecommunications Equipment
Electronic components, network equipment, wireless
equipment, data service equipment, voice service equipment,
video conferencing equipment
6. Pollution Control Equipment
Biodegradable waste treatment, packaging & packaging waste
recycling, waste water treatment technologies, brownfield
remediation
U.S. Commercial Service
The U.S. Commercial Service in Prague is part of the
U.S. Department of Commerce, an agency of the United
States government.
Our mission:
 To promote the export of goods & services from the
United States, particularly by small- and medium-sized
businesses
 To represent U.S. business interests internationally
 To help U.S. businesses find qualified international
partners
Commercial Service Prague Staff
Greg O’Connor
– Commercial Counselor
Erin Butler-Mueller
– Commercial Attaché
Hana Obrusnikova - engineering services, construction, aerospace, defense
Zdenek Svoboda - industrial parts and services, auto parts, microelectronics
Luda Taylor- telecommunications equipment/services, e-commerce/e-government
Ivo Hofman - sport equipment, security equipment/services, IT
Veronika Novakova - environmental technologies, medical equipment
Irena Michlickova - consumer goods, film production, food processing
Contact us for more info:
Mr. Greg O’Connor
Greg.O’[email protected]
Commercial Counselor:
Ms. Erin Butler-Mueller
[email protected]
Commercial Attaché:
E-mail:
[email protected]
www.buyusa.gov - Czech Republic