2023
Flag  
GDP
$407BCURRENT US$
Rnk 35 / 195
2013-2023
Flag
GDP GROWTH
18.1%CURRENT US$
Rnk 146 / 195
2023
Flag
GDP PC 
$68,454CURRENT US$
Rnk 14 / 195
2013-2023
Flag
GDP PC GROWTH
11.5%CURRENT US$
Rnk 129 / 195

About

Denmark-Bhutan Trade: In 2023, Denmark exported $421k to Bhutan. The main products that Denmark exported to Bhutan were Broadcasting Equipment ($116k), Office Machine Parts ($100k), and Computers ($99.6k). Over the past 5 years the exports of Denmark to Bhutan have increased at an annualized rate of 11.7%, from $242k in 2018 to $421k in 2023.

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

Bhutan-Denmark Trade: In 2023, Bhutan exported $3.54k to Denmark. The main products that Bhutan exported to Denmark were Computers ($1.76k), Sculptures ($922), and Medical Instruments ($458). Over the past 5 years the exports of Bhutan to Denmark have increased at an annualized rate of 21.6%,  from $1.33k in 2018 to $3.54k in 2023.

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

Comparison In 2023,  Denmark ranked 22 in the Economic Complexity Index (ECI 1.13),  and 37 in total exports ($118B). That same year, Bhutan ranked 170 in total exports ($456M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Denmark exported $421k to Bhutan. The main products exported from Denmark to Bhutan were Broadcasting Equipment ($116k), Office Machine Parts ($100k), and Computers ($99.6k). During the last 5 years the exports of Denmark to Bhutan have increased at an annualized rate of 11.7%, from $242k in 2018 to $421k in 2023.

In 2018, Bhutan exported $3.54k to Denmark. The main products exported from Bhutan to Denmark were Computers ($1.76k), Sculptures ($922), and Medical Instruments ($458). During the last 5 years the exports of Bhutan to Denmark have increased at an annualized rate of 21.6%, from $1.33k in 2023 to $3.54k in 2018.

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

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

Latest Data

Trade between Denmark (Flag) and Bhutan (Flag)

Denmark Exports

Market Competitiveness

Color
Denmark
Top Destination
Germany$14.8B
Bhutan
Top Destination
India$421M

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

In 2023, countries that imported more from Denmark than Bhutan included Germany ($14.8B), United States ($12B), and Sweden ($11.2B).

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

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

Comparative Advantage Denmark - Bhutan

Flow
Scale

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

During 2023, Denmark had a large net trade with Bhutan in the exports of Machines ($376k), Instruments ($24k), and Chemical Products ($10.4k).

During 2018, Bhutan had a large net trade with Denmark in the exports of Machines ($1.76k), Arts and Antiques ($1.18k), and Instruments ($458).

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with