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2023
Flag → Flag
Exports $273kRnk 16 / 77
2023
Flag → Flag
Top Product $269kFerroalloys
2023
Flag → Flag
Exports $77.6kRnk 202 / 217
2023
Flag → Flag
Top Product $28.5kWoodworking machines
2023
Flag
Economic Complexity (ECI) ECI 1.09Rnk 24 / 132
2023
Flag
 GDP$809BCURRENT US$
Rnk 21 / 195
2013-2023
Flag
GDP GROWTH56.2%CURRENT US$
Rnk 62 / 195
2023
Flag
GDP PC$22,057CURRENT US$
Rnk 59 / 196
2013-2023
Flag
GDP PC GROWTH61.9%CURRENT US$
Rnk 28 / 195

About

Bhutan-Poland Trade: In 2023, Bhutan exported $273k to Poland. The main products that Bhutan exported to Poland were Ferroalloys ($269k), Air Pumps ($2.16k), and Non-Knit Men's Suits ($1.02k). Over the past 5 years the exports of Bhutan to Poland have decreased at an annualized rate of 21%, from $885k in 2018 to $273k in 2023.

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

Poland-Bhutan Trade: In 2023, Poland exported $77.6k to Bhutan. The main products that Poland exported to Bhutan were Woodworking machines ($28.5k), Used Clothing ($19.7k), and Medical Instruments ($15.9k). Over the past 5 years the exports of Poland to Bhutan have decreased at an annualized rate of 16%,  from $185k in 2018 to $77.6k in 2023.

In 2023, Poland 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, Poland ranked 24 in the Economic Complexity Index (ECI 1.09), and 23 in total exports ($339B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bhutan exported $273k to Poland. The main products exported from Bhutan to Poland were Ferroalloys ($269k), Air Pumps ($2.16k), and Non-Knit Men's Suits ($1.02k). During the last 5 years the exports of Bhutan to Poland have decreased at an annualized rate of 21%, from $885k in 2018 to $273k in 2023.

In 2018, Poland exported $77.6k to Bhutan. The main products exported from Poland to Bhutan were Woodworking machines ($28.5k), Used Clothing ($19.7k), and Medical Instruments ($15.9k). During the last 5 years the exports of Poland to Bhutan have decreased at an annualized rate of 16%, from $185k in 2023 to $77.6k in 2018.

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

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

Latest Data

Trade between Bhutan (Flag) and Poland (Flag)

Poland Exports

Market Competitiveness

Color
Bhutan
Top DestinationIndia$421M
Poland
Top DestinationGermany$84B

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

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

In 2023, countries that imported more from Poland than Bhutan included Germany ($84B), United Kingdom ($19.4B), and Czechia ($19.3B).

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

Comparative Advantage Bhutan - Poland

Flow
Scale

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

During 2023, Bhutan had a large net trade with Poland in the exports of Metals ($269k), Machines ($2.35k), and Textiles ($1.37k).

During 2018, Poland had a large net trade with Bhutan in the exports of Machines ($35.8k), Textiles ($20.4k), and Instruments ($16k).

Economic Complexity

Competitive Landscape

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

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

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