The Czech Republic is the greatest toy exporter in Europe

Post date: Mar 26, 2018 6:30:1 AM

The Czech Republic is the greatest toy exporter in Europe 

The Czech expression "Kdo si hraje, nezlobí" can be roughly translated as “A child at play has no time to be naughty”. Should this indeed be true, then many parents all over the world, including the United States, Russia, Japan and Israel can and should offer thanks to the toy export from the Czech Republic and it’s 270 toy and game manufacturers.

According to the statistical data of the Eurostat research institute, the Czech Republic is the greatest toy and game exporter in Europe to countries outside the European Union. According the research institute report, the Czech production was responsible for 32% of the total export of toys in Europe and totaled some 1.5 billion Euro. The primary destinations of toys exported from the European Union were Russian and Switzerland (15% each) and the United States (13%). 

These figures are backed by the figures of the Czech Association for Games and Toys. The figures of the association show a steady rise of 5% per annum every year for the past decade in the export of Czech produced toys. This rise is derived from two primary factors: the fact that the Czech economy is advanced and strong, and the fact that the Czech Republic is a technologically advanced country relative to its eastern neighbors. 

One of the Czech Companies is Efko, which manufactures toys in two factories located in the Czech Republic ever since 1993. The company specializes in wooden games, thinking games and board games and is considered to be the Czech response to Playmobil thanks to the Igráček game. 

Another renowned Czech Republic company is Deota, which manufactures wooden toys in its factory in the Jizera Mountains. The output of the company has risen by 8% per annum over the past three years and most of its products have been exported (around 65%), primarily to Germany and Switzerland, but also to the U.S.A, Scandinavia and Japan.

For more articles on businesses and entrepreneurship in the Czech Republic – click here