The Role and Importance of Manufacturing Trade Cooperation of the Visegrad Group Countries

The Visegrad group was established as a regional platform for cooperation between four Central European countries. Owing to their economic transformation and proximity to Western European markets, the countries have become an important export platform, especially for the German market. Considering the genesis of the creation of the group, including the pace of development of the participating economies and the geographical and cultural proximity of the markets, it seems reasonable to analyse the mutual trade ties. Bearing in mind the large share of manufacturing in creating GDP in these economies and their participation in global value chains, it is interesting to present an analysis of the Visegrad cooperation in the field of trade flows in the manufacturing sector. The study is based on a descriptive and analytical method using literature and statistical database sources. The research allows us to draw conclusions on the dominant share of manufacturing in the exports of the analysed countries and the increasing intensity of trade relations within the V4 group in the area of industrial production.