2022
Flag
 GDP
$991BCURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP GROWTH
18.1%CURRENT US$
Rnk 125 / 186
2022
Flag
GDP PC
$55,985CURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP PC GROWTH
11.8%CURRENT US$
Rnk 110 / 186

About

Bhutan-Netherlands Trade: In 2022, Bhutan exported $729k to Netherlands. The main products that Bhutan exported to Netherlands were Ferroalloys ($714k), Uncoated Paper ($4.9k), and Non-Knit Women's Suits ($2.89k). Over the past 5 years the exports of Bhutan to Netherlands have increased at an annualized rate of 165%, from $5.6k in 2017 to $729k in 2022.

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

Netherlands-Bhutan Trade: In 2022, Netherlands exported $1.57M to Bhutan. The main products that Netherlands exported to Bhutan were Sports Equipment ($431k), Broadcasting Equipment ($301k), and Industrial Printers ($196k). Over the past 5 years the exports of Netherlands to Bhutan have increased at an annualized rate of 13.3%,  from $840k in 2017 to $1.57M in 2022.

In 2022, Netherlands 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, Netherlands ranked 23 in the Economic Complexity Index (ECI 1.11), and 6 in total exports ($674B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bhutan exported $729k to Netherlands. The main products exported from Bhutan to Netherlands were Ferroalloys ($714k), Uncoated Paper ($4.9k), and Non-Knit Women's Suits ($2.89k). During the last 5 years the exports of Bhutan to Netherlands have increased at an annualized rate of 165%, from $5.6k in 2017 to $729k in 2022.

In 2017, Netherlands exported $1.57M to Bhutan. The main products exported from Netherlands to Bhutan were Sports Equipment ($431k), Broadcasting Equipment ($301k), and Industrial Printers ($196k). During the last 5 years the exports of Netherlands to Bhutan have increased at an annualized rate of 13.3%, from $840k in 2022 to $1.57M in 2017.

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

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

Latest Data

Trade between Bhutan (Flag) and Netherlands (Flag)

Netherlands Exports

Market Competitiveness

Color
Bhutan
Top Destination
India$343M
Netherlands
Top Destination
Germany$131B

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

In 2022, countries that imported more from Netherlands than Bhutan included Germany ($131B), Belgium ($94.3B), and France ($59.9B).

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

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 2022, Bhutan had a large net trade with Netherlands in the exports of Metals ($714k), Textiles ($5.33k), and Paper Goods ($4.9k).

During 2017, Netherlands had a large net trade with Bhutan in the exports of Machines ($616k), Miscellaneous ($431k), and Chemical Products ($205k).

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) (2022)

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