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2023
Flag → Flag
Exports $14.7kRnk 30 / 77
2023
Flag → Flag
Top Product $7.67kFruit Juice
2023
Flag → Flag
Exports $898kRnk 208 / 224
2023
Flag → Flag
Top Product $151kIndustrial Printers
2023
Flag
Economic Complexity (ECI) ECI 1.08Rnk 26 / 132
2023
Flag
 GDP$1.15TCURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP GROWTH30.6%CURRENT US$
Rnk 114 / 195
2023
Flag
GDP PC$64,572CURRENT US$
Rnk 17 / 196
2013-2023
Flag
GDP PC GROWTH22.8%CURRENT US$
Rnk 96 / 195

About

Bhutan-Netherlands Trade: In 2023, Bhutan exported $14.7k to Netherlands. The main products that Bhutan exported to Netherlands were Fruit Juice ($7.67k), Other Stone Articles ($3.46k), and Musical Instrument Parts ($2.11k). Over the past 5 years the exports of Bhutan to Netherlands have decreased at an annualized rate of 51%, from $518k in 2018 to $14.7k in 2023.

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

Netherlands-Bhutan Trade: In 2023, Netherlands exported $898k to Bhutan. The main products that Netherlands exported to Bhutan were Industrial Printers ($151k), Medical Instruments ($115k), and Sports Equipment ($109k). Over the past 5 years the exports of Netherlands to Bhutan have decreased at an annualized rate of 6.76%,  from $1.27M in 2018 to $898k in 2023.

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

Comparison In 2023,  Bhutan ranked 170 in total exports ($456M), and does not have data regarding Economic Complexity Index. That same year, Netherlands ranked 26 in the Economic Complexity Index (ECI 1.08), and 9 in total exports ($599B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bhutan exported $14.7k to Netherlands. The main products exported from Bhutan to Netherlands were Fruit Juice ($7.67k), Other Stone Articles ($3.46k), and Musical Instrument Parts ($2.11k). During the last 5 years the exports of Bhutan to Netherlands have decreased at an annualized rate of 51%, from $518k in 2018 to $14.7k in 2023.

In 2018, Netherlands exported $898k to Bhutan. The main products exported from Netherlands to Bhutan were Industrial Printers ($151k), Medical Instruments ($115k), and Sports Equipment ($109k). During the last 5 years the exports of Netherlands to Bhutan have decreased at an annualized rate of 6.76%, from $1.27M in 2023 to $898k in 2018.

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

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

Latest Data

Trade between Bhutan (Flag) and Netherlands (Flag)

Netherlands Exports

Market Competitiveness

Color
Bhutan
Top DestinationIndia$421M
Netherlands
Top DestinationGermany$96.9B

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

In 2023, no countries were registered that imported more from Bhutan than from Netherlands.

In 2023, countries that imported more from Netherlands than Bhutan included Germany ($96.9B), Belgium ($87B), and France ($67.3B).

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

Comparative Advantage Bhutan - Netherlands

Flow
Scale

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

During 2023, Bhutan had a large net trade with Netherlands in the exports of Foodstuffs ($7.96k), Stone And Glass ($3.46k), and Instruments ($2.8k).

During 2018, Netherlands had a large net trade with Bhutan in the exports of Machines ($314k), Instruments ($168k), and Miscellaneous ($112k).

Economic Complexity

Competitive Landscape

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

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

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