Czech trade surplus rises in April

The Czech Republic’s trade balance improved in April compared with a year earlier according to figures released by the Czech Statistical Office on Monday. April’s trade surplus came in at 12.0 billion crowns. That is more than double the 5.6 billion in April 2008. The surplus came against a background of the biggest fall in imports since the creation of the Czech Republic and the second biggest slump in exports. Compared with 2008, exports fell by 22.8 percent and imports by 26.0 percent.