2022
Flag
 GDP
$82.3BCURRENT US$
Rnk 71 / 186
2012-2022
Flag
GDP GROWTH
37.6%CURRENT US$
Rnk 87 / 186
2022
Flag
GDP PC
$126,426CURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP PC GROWTH
12.3%CURRENT US$
Rnk 108 / 186

About

Bhutan-Luxembourg Trade: In 2022, Bhutan exported $40 to Luxembourg. The main products that Bhutan exported to Luxembourg were Knit T-shirts ($40). Over the past 7 years the exports of Bhutan to Luxembourg have increased at an annualized rate of 11.2%, from $19 in 2015 to $40 in 2022.

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

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

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

Comparison In 2022,  Bhutan ranked 177 in total exports ($392M). That same year, Luxembourg ranked 78 in total exports ($20.5B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bhutan exported $40 to Luxembourg. The main products exported from Bhutan to Luxembourg were Knit T-shirts ($40). During the last 7 years the exports of Bhutan to Luxembourg have increased at an annualized rate of 11.2%, from $19 in 2015 to $40 in 2022.

Luxembourg does not register exports to Bhutan. The main products exported from Luxembourg to Bhutan were Plastic Lids ($2.02k) and Other Edible Preparations ($512).

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

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

Latest Data

Trade between Bhutan (Flag) and Luxembourg (Flag)

Luxembourg Exports

Market Competitiveness

Color
Bhutan
Top Destination
India$343M
Luxembourg
Top Destination
Germany$4.15B

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

In 2022, countries that imported more from Bhutan than Luxembourg included India ($343M), Nepal ($7.44M), and Antigua and Barbuda ($5.76k).

In 2022, countries that imported more from Luxembourg than Bhutan included Germany ($4.15B), France ($3.07B), and Belgium ($2.09B).

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

Comparative Advantage Bhutan - Luxembourg

Flow
Scale

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

During 2022, Bhutan had a large net trade with Luxembourg in the exports of N/A.

Economic Complexity

Competitive Landscape

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

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

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