2022
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GDP
$281BCURRENT US$
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2012-2022
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GDP GROWTH
8.73%CURRENT US$
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2022
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GDP PC 
$50,537CURRENT US$
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2012-2022
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GDP PC GROWTH
5.93%CURRENT US$
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About

Finland-Bhutan In 2022, Finland exported $232k to Bhutan. The main products that Finland exported to Bhutan are Medical Instruments ($228k), Paper Containers ($2.73k), and Iron Radiators ($381). During the last 25 years the exports of Finland to Bhutan have increased at an annualized rate of 7.23%, from $40.4k in 1997 to $232k in 2022.

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

Bhutan-Finland In 2022, Bhutan exported $27 to Finland. The main products that Bhutan exported to Finland were Blank Audio Media ($27). During the last 25 years the exports of Bhutan to Finland have decreased at an annualized rate of 20.3%, from $7.92k in 1997 to $27 in 2022.

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

Comparison In 2022,  Finland ranked 11 in the Economic Complexity Index (ECI 1.39),  and 46 in total exports ($89.9B). That same year, Bhutan ranked 177 in total exports ($392M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Finland exported $232k to Bhutan. The main products exported from Finland to Bhutan were Medical Instruments ($228k), Paper Containers ($2.73k), and Iron Radiators ($381). During the last 25 years the exports of Finland to Bhutan have increased at an annualized rate of 7.23%, from $40.4k in 1997 to $232k in 2022.

In 2022, Bhutan exported $27 to Finland. The main products exported from Bhutan to Finland were Blank Audio Media ($27). During the last 25 years the exports of Bhutan to Finland have decreased at an annualized rate of 20.3%, from $7.92k in 1997 to $27 in 2022.

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

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

Latest Data

Trade between Finland (Flag) and Bhutan (Flag)

Finland Exports

Market Competitiveness

Color
Finland
Top Destination
Germany$9.99B
Bhutan
Top Destination
India$343M

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

In 2021, countries that imported more from Finland than Bhutan were Germany ($9.99B), United States ($9.17B), and Sweden ($9.1B).

In 2021, countries that imported more from Bhutan than Finland were Nepal ($7.44M).

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

Comparative Advantage Finland - Bhutan

Flow
Scale

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

During 2022, Finland had a large net trade with Bhutan in the exports of Instruments ($228k), Paper Goods ($3.1k), and Metals ($381).

During 2022, Bhutan had a large net trade with Finland in the exports of Machines ($27).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Finland has comparative advantage over Bhutan. Similarly, the more yellow a dot/product is, the more Bhutan has comparative advantage over Finland.

Product Space of Finland (Flag) and Bhutan (Flag) (2022)

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