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Pricing

2023
Flag → Flag
Exports $1.05MRnk 198 / 220
2023
Flag → Flag
Top Product $442kOther Iron Products
2023
Flag → Flag
Exports $1.44MRnk 7 / 77
2023
Flag → Flag
Top Product $1.44MFerroalloys
2023
Flag
Economic Complexity (ECI) ECI 0.86Rnk 31 / 132
2023
Flag  
GDP$1.62TCURRENT US$
Rnk 15 / 195
2013-2023
Flag
GDP GROWTH18.9%CURRENT US$
Rnk 143 / 195
2023
Flag
GDP PC $33,509CURRENT US$
Rnk 40 / 195
2013-2023
Flag
GDP PC GROWTH14.7%CURRENT US$
Rnk 119 / 195

About

Spain-Bhutan Trade: In 2023, Spain exported $1.05M to Bhutan. The main products that Spain exported to Bhutan were Other Iron Products ($442k), Other Heating Machinery ($365k), and Air Pumps ($73.5k). Over the past 5 years the exports of Spain to Bhutan have increased at an annualized rate of 20.3%, from $417k in 2018 to $1.05M in 2023.

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

Bhutan-Spain Trade: In 2023, Bhutan exported $1.44M to Spain. The main products that Bhutan exported to Spain were Ferroalloys ($1.44M), Centrifuges ($2.55k), and Plastic Housewares ($2.31k). Over the past 5 years the exports of Bhutan to Spain have decreased at an annualized rate of 10.9%,  from $2.58M in 2018 to $1.44M in 2023.

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

Comparison In 2023,  Spain ranked 31 in the Economic Complexity Index (ECI 0.86),  and 16 in total exports ($402B). That same year, Bhutan ranked 170 in total exports ($456M), and does not have data regarding Economic Complexity Index.

Latest Trends

N/A

About

Overview In N/A, Spain exported €N/A and imported €N/A from Bhutan, resulting in a N/A trade balance of €N/A. Between N/A and N/A the exports of Spain have N/A by €N/A (N/A) from €N/A to €N/A, while imports N/A by €N/A (N/A) from €N/A to €N/A.

Trade In N/A, the top exports of Spain to Bhutan were . In N/A the top imports of Spain from Bhutan were Commodities not elsewhere specified (€28).

Origins In N/A the exports of Spain were mainly from Zaragoza (€290), while imports destinations were mainly Madrid (€336).

Growth In N/A, the N/A in Spain's year-by-year exports to Bhutan was explained primarily by an decrease in product exports in . In N/A, the N/A in Spain's year-by-year imports  from Bhutan was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
MAIN EXPORTER (N/A)Zaragoza€290

This section shows exports and imports data at subnational level for Spain. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Spain over time.

To check Bhutan and Spain trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Spain exported $1.05M to Bhutan. The main products exported from Spain to Bhutan were Other Iron Products ($442k), Other Heating Machinery ($365k), and Air Pumps ($73.5k). During the last 5 years the exports of Spain to Bhutan have increased at an annualized rate of 20.3%, from $417k in 2018 to $1.05M in 2023.

In 2018, Bhutan exported $1.44M to Spain. The main products exported from Bhutan to Spain were Ferroalloys ($1.44M), Centrifuges ($2.55k), and Plastic Housewares ($2.31k). During the last 5 years the exports of Bhutan to Spain have decreased at an annualized rate of 10.9%, from $2.58M in 2023 to $1.44M in 2018.

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

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

Market Competitiveness

Color
Spain
Top DestinationFrance$61.9B
Bhutan
Top DestinationIndia$421M

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

In 2023, countries that imported more from Spain than Bhutan included France ($61.9B), Germany ($40.2B), and Portugal ($38.1B).

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

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

Comparative Advantage Spain - Bhutan

Flow
Scale

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

During 2023, Spain had a large net trade with Bhutan in the exports of Machines ($559k), Metals ($442k), and Wood Products ($40.5k).

During 2018, Bhutan had a large net trade with Spain in the exports of Metals ($1.44M), Machines ($2.55k), and Plastics and Rubbers ($2.31k).

Economic Complexity

Competitive Landscape

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

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

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