Bhutan (BTN) and Sweden (SWE) Trade | The Observatory of Economic Complexity

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Bhutan-Sweden Trade: In 2022, Bhutan exported $4.41k to Sweden. The main products that Bhutan exported to Sweden were Electric Motors ($2.36k), Broadcasting Equipment ($791), and Other Edible Preparations ($569). Over the past 5 years the exports of Bhutan to Sweden have increased at an annualized rate of 30.3%, from $1.17k in 2017 to $4.41k in 2022.

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

Sweden-Bhutan Trade: In 2022, Sweden exported $1.19M to Bhutan. The main products that Sweden exported to Bhutan were Broadcasting Equipment ($624k), Telephones ($196k), and Insulated Wire ($126k). Over the past 5 years the exports of Sweden to Bhutan have decreased at an annualized rate of 17.6%, from $3.15M in 2017 to $1.19M in 2022.

In 2022, Sweden 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, Sweden ranked 9 in the Economic Complexity Index (ECI 1.49), and 33 in total exports ($194B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Bhutan exported $4.41k to Sweden. The main products exported from Bhutan to Sweden were Electric Motors ($2.36k), Broadcasting Equipment ($791), and Other Edible Preparations ($569). During the last 5 years the exports of Bhutan to Sweden have increased at an annualized rate of 30.3%, from $1.17k in 2017 to $4.41k in 2022.

In 2017, Sweden exported $1.19M to Bhutan. The main products exported from Sweden to Bhutan were Broadcasting Equipment ($624k), Telephones ($196k), and Insulated Wire ($126k). During the last 5 years the exports of Sweden to Bhutan have decreased at an annualized rate of 17.6%, from $3.15M in 2022 to $1.19M in 2017.

Exports from Bhutan () to Sweden () (2022)

Exports from Sweden () to Bhutan () (2022)

Latest Data

Trade between Bhutan () and Sweden ()

Sweden Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bhutan
Top DestinationIndia$343M

Sweden
Top DestinationGermany$19.2B

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

In 2022, countries that imported more from Sweden than Bhutan included Germany ($19.2B), Norway ($18.7B), and United States ($17.8B).

Difference in imports from Sweden () and Bhutan () (2022)

Comparative Advantage Bhutan - Sweden

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Bhutan had a large net trade with Sweden in the exports of N/A.

During 2017, Sweden had a large net trade with Bhutan in the exports of Machines ($1.1M), Metals ($59.3k), and Plastics and Rubbers ($17.2k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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.

About

Historical Data

Bilateral Trade by Products

Exports from Bhutan () to Sweden () (2022)

Exports from Sweden () to Bhutan () (2022)

Latest Data

Trade between Bhutan () and Sweden ()

Sweden Exports

Market Competitiveness

Difference in imports from Sweden () and Bhutan () (2022)

Comparative Advantage Bhutan - Sweden

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Bhutan () and Sweden () (2022)

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