2022
Flag
 GDP
$27.8BCURRENT US$
Rnk 107 / 186
2012-2022
Flag
GDP GROWTH
88.7%CURRENT US$
Rnk 20 / 186
2022
Flag
GDP PC
$72,903CURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP PC GROWTH
58.5%CURRENT US$
Rnk 29 / 186

About

In N/A, Bhutan did not export any services to Iceland.

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

In N/A, Iceland did not export any services to Bhutan.

Comparison In 2022,  Bhutan ranked 177 in total exports ($392M). That same year, Iceland ranked 116 in total exports ($7.31B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

Bhutan does not register exports to Iceland. The main products exported from Bhutan to Iceland were Cabbages ($7.82k) and Wine ($188).

Iceland does not register exports to Bhutan. The main products exported from Iceland to Bhutan were Refined Petroleum ($549k).

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

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

Market Competitiveness

Color
Bhutan
Top Destination
India$343M
Iceland
Top Destination
Netherlands$1.97B

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

In 2022, countries that imported more from Bhutan than Iceland included India ($343M), Nepal ($7.44M), and Colombia ($7.42M).

In 2022, countries that imported more from Iceland than Bhutan included Netherlands ($1.97B), United Kingdom ($672M), and United States ($613M).

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

Comparative Advantage Bhutan - Iceland

Flow
Scale

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

Economic Complexity

Competitive Landscape

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

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

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