Sporting Goods Resource Guide 2021 | Page 8

Market Entry and Barriers

As an EU Member State, the Czech Republic is regulated by EU legislation concerning the import of sporting goods. U.S. firms exporting to the Czech Republic need to comply with both local Czech and European regulations.

There are no major barriers to trade for sporting goods. Products from non-EU countries are subject to import duties. Customs duty rates are updated annually and are harmonized with EU countries. Import duties depend on the specific product and matching HS code.

However, there are certain regulations for items like guns for sport shooting, some electronic devices, and nutrition products for athletes that need to be approved/verified before exporting them to the country.

•Sport guns and ammunition for those guns may be imported into the territory of the Czech Republic only

with an import permit.

•CE marking may be necessary for certain electrical appliances, machines and measuring equipment.

•Some additives that are occasionally used in nutrition products for athletes are prohibited in the EU.

European Union.

Capital: Brasilia

Population: 209 million

GDP: US$2.05 trillion

Currency: Real

Language: Portuguese

Capital: Prague

Population: 10,69 million

GDP (Total): 243,530 billion USD (2020)

GDP (Per capita): 22,762USD (2020)

Currency: CZK - Czech Crown (Koruna)

Languages: Czech