Ireland (IRL) and Bhutan (BTN) Trade | The Observatory of Economic Complexity

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Ireland-Bhutan In 2022, Ireland exported $40.7k to Bhutan. The main products that Ireland exported to Bhutan are Broadcasting Equipment ($18.4k), Cameras ($17k), and Electrical Transformers ($4.21k). During the last 27 years the exports of Ireland to Bhutan have increased at an annualized rate of 5.17%, from $10.4k in 1995 to $40.7k in 2022.

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

Bhutan-Ireland In 2022, Bhutan exported $22.9k to Ireland. The main products that Bhutan exported to Ireland were Audio Alarms ($20.8k), Industrial Printers ($898), and Knit Sweaters ($555). During the last 27 years the exports of Bhutan to Ireland have increased at an annualized rate of 8.53%, from $2.51k in 1995 to $22.9k in 2022.

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

Comparison In 2022, Ireland ranked 16 in the Economic Complexity Index (ECI 1.28), and 31 in total exports ($236B). That same year, Bhutan ranked 177 in total exports ($392M), and does not have data regarding Economic Complexity Index.

Latest Trends

N/A

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Overview In N/A, Ireland 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 Ireland 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 Ireland to Bhutan were . In N/A the top imports of Ireland from Bhutan were .

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

Latest Trade

Flow

Exports

Imports

Time Scale

Year

Quarter

Month

Value

Trade Value

Growth

Growth (%)

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

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

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Ireland exported $40.7k to Bhutan. The main products exported from Ireland to Bhutan were Broadcasting Equipment ($18.4k), Cameras ($17k), and Electrical Transformers ($4.21k). During the last 27 years the exports of Ireland to Bhutan have increased at an annualized rate of 5.17%, from $10.4k in 1995 to $40.7k in 2022.

In 2022, Bhutan exported $22.9k to Ireland. The main products exported from Bhutan to Ireland were Audio Alarms ($20.8k), Industrial Printers ($898), and Knit Sweaters ($555). During the last 27 years the exports of Bhutan to Ireland have increased at an annualized rate of 8.53%, from $2.51k in 1995 to $22.9k in 2022.

Exports from Ireland () to Bhutan () (2022)

Exports from Bhutan () to Ireland () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Ireland
Top DestinationUnited States$70.7B

Bhutan
Top DestinationIndia$343M

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

In 2021, countries that imported more from Ireland than Bhutan were United States ($70.7B), Germany ($28.6B), and United Kingdom ($19B).

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

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

Comparative Advantage Ireland - Bhutan

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Ireland had a large net trade with Bhutan in the exports of Machines ($22.6k), Instruments ($17.1k), and Paper Goods ($589).

During 2022, Bhutan had a large net trade with Ireland in the exports of Machines ($21.8k), Textiles ($794), and Animal Hides ($145).

Economic Complexity

Competitive Landscape

Year

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 Ireland has comparative advantage over Bhutan. Similarly, the more yellow a dot/product is, the more Bhutan has comparative advantage over Ireland.

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Latest Trends

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Latest Trade

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Historical Data

Bilateral Trade by Products

Exports from Ireland () to Bhutan () (2022)

Exports from Bhutan () to Ireland () (2022)

Market Competitiveness

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

Comparative Advantage Ireland - Bhutan

Economic Complexity

Competitive Landscape

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

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