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2023
Flag → Flag
Exports $1.32kRnk 46 / 77
2023
Flag → Flag
Top Product $660Broadcasting Equipment
2023
Flag → Flag
Exports $790kRnk 178 / 216
2023
Flag → Flag
Top Product $312kTelephones
2023
Flag
Economic Complexity (ECI) ECI 1.53Rnk 9 / 132
2023
Flag
 GDP$585BCURRENT US$
Rnk 24 / 195
2013-2023
Flag
GDP GROWTH0.14%CURRENT US$
Rnk 170 / 195
2023
Flag
GDP PC$55,517CURRENT US$
Rnk 19 / 196
2013-2023
Flag
GDP PC GROWTH-8.76%CURRENT US$
Rnk 165 / 195

About

Bhutan-Sweden Trade: In 2023, Bhutan exported $1.32k to Sweden. The main products that Bhutan exported to Sweden were Broadcasting Equipment ($660), Non-Knit Men's Suits ($283), and Sports Equipment ($283). Over the past 5 years the exports of Bhutan to Sweden have increased at an annualized rate of 18.1%, from $575 in 2018 to $1.32k in 2023.

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

Sweden-Bhutan Trade: In 2023, Sweden exported $790k to Bhutan. The main products that Sweden exported to Bhutan were Telephones ($312k), Broadcasting Equipment ($219k), and Insulated Wire ($97k). Over the past 5 years the exports of Sweden to Bhutan have decreased at an annualized rate of 0.25%,  from $802k in 2018 to $790k in 2023.

In 2023, Sweden 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, Sweden ranked 9 in the Economic Complexity Index (ECI 1.53), and 32 in total exports ($188B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bhutan exported $1.32k to Sweden. The main products exported from Bhutan to Sweden were Broadcasting Equipment ($660), Non-Knit Men's Suits ($283), and Sports Equipment ($283). During the last 5 years the exports of Bhutan to Sweden have increased at an annualized rate of 18.1%, from $575 in 2018 to $1.32k in 2023.

In 2018, Sweden exported $790k to Bhutan. The main products exported from Sweden to Bhutan were Telephones ($312k), Broadcasting Equipment ($219k), and Insulated Wire ($97k). During the last 5 years the exports of Sweden to Bhutan have decreased at an annualized rate of 0.25%, from $802k in 2023 to $790k in 2018.

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

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

Latest Data

Trade between Bhutan (Flag) and Sweden (Flag)

Sweden Exports

Market Competitiveness

Color
Bhutan
Top DestinationIndia$421M
Sweden
Top DestinationGermany$18.4B

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

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

In 2023, countries that imported more from Sweden than Bhutan included Germany ($18.4B), United States ($18.1B), and Denmark ($14.4B).

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

Comparative Advantage Bhutan - Sweden

Flow
Scale

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

During 2023, Bhutan had a large net trade with Sweden in the exports of Machines ($660), Textiles ($377), and Miscellaneous ($283).

During 2018, Sweden had a large net trade with Bhutan in the exports of Machines ($722k), Metals ($33.4k), and Instruments ($19.9k).

Economic Complexity

Competitive Landscape

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

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

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