2022
Flag
 GDP
$688BCURRENT US$
Rnk 21 / 186
2012-2022
Flag
GDP GROWTH
39%CURRENT US$
Rnk 85 / 186
2022
Flag
GDP PC
$18,321CURRENT US$
Rnk 57 / 186
2012-2022
Flag
GDP PC GROWTH
40.8%CURRENT US$
Rnk 47 / 186

About

Bhutan-Poland Trade: In 2022, Bhutan exported $41.3k to Poland. The main products that Bhutan exported to Poland were Ferroalloys ($30.1k), Grapes ($6.36k), and Air Pumps ($2.3k). Over the past 5 years the exports of Bhutan to Poland have decreased at an annualized rate of 35.7%, from $377k in 2017 to $41.3k in 2022.

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

Poland-Bhutan Trade: In 2022, Poland exported $300k to Bhutan. The main products that Poland exported to Bhutan were Woodworking machines ($193k), Hand Saws ($54.2k), and Metal Finishing Machines ($13.6k). Over the past 5 years the exports of Poland to Bhutan have increased at an annualized rate of 154%,  from $2.82k in 2017 to $300k in 2022.

In 2022, Poland 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, Poland ranked 28 in the Economic Complexity Index (ECI 0.99), and 24 in total exports ($346B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bhutan exported $41.3k to Poland. The main products exported from Bhutan to Poland were Ferroalloys ($30.1k), Grapes ($6.36k), and Air Pumps ($2.3k). During the last 5 years the exports of Bhutan to Poland have decreased at an annualized rate of 35.7%, from $377k in 2017 to $41.3k in 2022.

In 2017, Poland exported $300k to Bhutan. The main products exported from Poland to Bhutan were Woodworking machines ($193k), Hand Saws ($54.2k), and Metal Finishing Machines ($13.6k). During the last 5 years the exports of Poland to Bhutan have increased at an annualized rate of 154%, from $2.82k in 2022 to $300k in 2017.

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

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

Latest Data

Trade between Bhutan (Flag) and Poland (Flag)

Poland Exports

Market Competitiveness

Color
Bhutan
Top Destination
India$343M
Poland
Top Destination
Germany$93.1B

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

In 2022, countries that imported more from Poland than Bhutan included Germany ($93.1B), Czechia ($22.4B), and France ($19.8B).

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

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 2022, Bhutan had a large net trade with Poland in the exports of Metals ($30.1k), Vegetable Products ($6.36k), and Machines ($3.91k).

During 2017, Poland had a large net trade with Bhutan in the exports of Machines ($224k), Metals ($57k), and Stone And Glass ($4.18k).

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) (2022)

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