2023
Flag
 GDP
$41.3BCURRENT US$
Rnk 101 / 195
2013-2023
Flag
GDP GROWTH
62.2%CURRENT US$
Rnk 49 / 195
2023
Flag
GDP PC
$30,133CURRENT US$
Rnk 47 / 196
2013-2023
Flag
GDP PC GROWTH
56%CURRENT US$
Rnk 35 / 195

About

Bhutan-Estonia Trade: In 2023, Bhutan exported $5.36k to Estonia. The main products that Bhutan exported to Estonia were Shaving Products ($2.55k), Paper Notebooks ($1.78k), and Postcards ($546). Over the past 7 years the exports of Bhutan to Estonia have increased at an annualized rate of 99.9%, from $42 in 2016 to $5.36k in 2023.

In 2023, Bhutan did not export any services to Estonia.

Estonia-Bhutan In N/A, Estonia did not export any products to Bhutan.

In 2023, Estonia did not export any services to Bhutan.

Comparison In 2023,  Bhutan ranked 170 in total exports ($456M). That same year, Estonia ranked 79 in total exports ($20B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bhutan exported $5.36k to Estonia. The main products exported from Bhutan to Estonia were Shaving Products ($2.55k), Paper Notebooks ($1.78k), and Postcards ($546). During the last 7 years the exports of Bhutan to Estonia have increased at an annualized rate of 99.9%, from $42 in 2016 to $5.36k in 2023.

Estonia does not register exports to Bhutan.

Exports from Bhutan (Flag) to Estonia (Flag) (2023)

Exports from Estonia (Flag) to Bhutan (Flag) (2023)

Latest Data

Trade between Bhutan (Flag) and Estonia (Flag)

Estonia Exports

Market Competitiveness

Color
Bhutan
Top Destination
India$421M
Estonia
Top Destination
Finland$2.71B

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

In 2023, countries that imported more from Bhutan than Estonia included India ($421M).

In 2023, countries that imported more from Estonia than Bhutan included Finland ($2.71B), Latvia ($1.91B), and Lithuania ($1.74B).

Difference in imports from Estonia (Flag) and Bhutan (Flag) (2023)

Comparative Advantage Bhutan - Estonia

Flow
Scale

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

During 2023, Bhutan had a large net trade with Estonia in the exports of Chemical Products ($2.55k), Paper Goods ($2.5k), and Animal Hides ($221).

Economic Complexity

Competitive Landscape

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

Product Space of Bhutan (Flag) and Estonia (Flag) (2023)

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