Australia has a constructive trade relationship with the Czech Republic. Although wool remains by far Australia's largest single export article, Australian companies have begun to diversify the export mix, in health goods, IT, and machinery. Export of services has shown growth, especially in education.
Import tariffs
The Czech Republic became a member of the customs union among the EU member-states after its accession to the European Union in 2004. The customs union allows free of duty exchange of goods free from other barriers to trade.
The customs rate is a 2-column tariff grounded on the Harmonized System. The majority of duties are ad valorem (%), based on the GATT Valuation Code (approximately CIF value - Incoterms 2000). MFN rate applies to Australian products.
The majority of imports from the non-EU states are subject to rates of duty ranging from 0 to 15 %, with the average rate around 5 %.
Non-tariff import barriers
Import restrictions: all monopoly on international trade and all price controls were abolished. Any company or individual that is registered may now import goods from any country.
Administration of import registration and licensing is governed by the License Office of the Ministry of Industry and Trade of the Czech Republic.
Import licences are not required for the majority of goods, although a number of items are still subject to the requirement, these include electric power, crude oil, steel, natural gas and some other chemicals, firearms, narcotics.
A number of agricultural and food products are subject to an automatic licensing system. All import deposits were removed.
The Czech Republic is a member of the European Union, so EU regulations and directives need to be respected.
Import documentation: commercial invoice; bill of lading; packing list; certificate of origin.
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