2022
Flag
 GDP
$808BCURRENT US$
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2012-2022
Flag
GDP GROWTH
17.7%CURRENT US$
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2022
Flag
GDP PC
$92,101CURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP PC GROWTH
7.3%CURRENT US$
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About

Bhutan-Switzerland Trade: In 2022, Bhutan exported $29.1k to Switzerland. The main products that Bhutan exported to Switzerland were Prepared Cereals ($18k), House Linens ($2.96k), and Light Pure Woven Cotton ($1.42k). Over the past 5 years the exports of Bhutan to Switzerland have increased at an annualized rate of 5.26%, from $22.5k in 2017 to $29.1k in 2022.

In 2022, Bhutan did not export any services to Switzerland.

Switzerland-Bhutan Trade: In 2022, Switzerland exported $382k to Bhutan. The main products that Switzerland exported to Bhutan were Packaged Medicaments ($127k), Medical Instruments ($89k), and Iron Fasteners ($58.6k). Over the past 5 years the exports of Switzerland to Bhutan have decreased at an annualized rate of 19%,  from $1.1M in 2017 to $382k in 2022.

In 2022, Switzerland did not export any services to Bhutan.

Comparison In 2022,  Bhutan ranked 177 in total exports ($392M), and does not have data regarding Economic Complexity Index. That same year, Switzerland ranked 2 in the Economic Complexity Index (ECI 1.97), and 17 in total exports ($402B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bhutan exported $29.1k to Switzerland. The main products exported from Bhutan to Switzerland were Prepared Cereals ($18k), House Linens ($2.96k), and Light Pure Woven Cotton ($1.42k). During the last 5 years the exports of Bhutan to Switzerland have increased at an annualized rate of 5.26%, from $22.5k in 2017 to $29.1k in 2022.

In 2017, Switzerland exported $382k to Bhutan. The main products exported from Switzerland to Bhutan were Packaged Medicaments ($127k), Medical Instruments ($89k), and Iron Fasteners ($58.6k). During the last 5 years the exports of Switzerland to Bhutan have decreased at an annualized rate of 19%, from $1.1M in 2022 to $382k in 2017.

Exports from Bhutan (Flag) to Switzerland (Flag) (2022)

Exports from Switzerland (Flag) to Bhutan (Flag) (2022)

Latest Data

Trade between Bhutan (Flag) and Switzerland (Flag)

Switzerland Exports

Market Competitiveness

Color
Bhutan
Top Destination
India$343M
Switzerland
Top Destination
United States$61.7B

This map shows whether countries import more from Bhutan or Switzerland. Each country is colored based on the difference in imports they receive from Bhutan and Switzerland or the difference in the growth in imports.

In 2022, no countries were registered that imported more from Bhutan than from Switzerland.

In 2022, countries that imported more from Switzerland than Bhutan included United States ($61.7B), Germany ($53.5B), and China ($44.1B).

Difference in imports from Switzerland (Flag) and Bhutan (Flag) (2022)

Comparative Advantage Bhutan - Switzerland

Flow
Scale

This chart compares trade between Bhutan and Switzerland by product, considering products traded by both, Bhutan and Switzerland.

During 2022, Bhutan had a large net trade with Switzerland in the exports of Foodstuffs ($18.2k), Textiles ($6k), and Miscellaneous ($1.19k).

During 2017, Switzerland had a large net trade with Bhutan in the exports of Instruments ($154k), Chemical Products ($132k), and Metals ($65.5k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Bhutan and Switzerland. This means that a dot/product with the flag of Bhutan indicates it has a comparative advantage over Switzerland. Similarly, a dot/product with the flag of Switzerland indicates it has a comparative advantage over Bhutan.

Product Space of Bhutan (Flag) and Switzerland (Flag) (2022)

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