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

About

Ireland-Bhutan Trade: In 2022, Ireland exported $40.7k to Bhutan. The main products that Ireland exported to Bhutan were Broadcasting Equipment ($18.4k), Cameras ($17k), and Electrical Transformers ($4.21k). Over the past 5 years the exports of Ireland to Bhutan have increased at an annualized rate of 41.5%, from $7.17k in 2017 to $40.7k in 2022.

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

Bhutan-Ireland Trade: 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). Over the past 5 years the exports of Bhutan to Ireland have increased at an annualized rate of 111%, from $546 in 2017 to $22.9k in 2022.

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

Comparison In 2022, Ireland ranked 18 in the Economic Complexity Index (ECI 1.27), 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

About

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

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

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.

For full datasets download visit Bulk Download page.

Explore Bhutan and Ireland Data

Go to Bulk Download

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 5 years the exports of Ireland to Bhutan have increased at an annualized rate of 41.5%, from $7.17k in 2017 to $40.7k in 2022.

In 2017, 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 5 years the exports of Bhutan to Ireland have increased at an annualized rate of 111%, from $546 in 2022 to $22.9k in 2017.

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 2022, countries that imported more from Ireland than Bhutan included United States ($70.7B), Germany ($28.6B), and United Kingdom ($19B).

In 2022, countries that imported more from Bhutan than Ireland included 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 2017, 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 shows the product space at the HS4 level with the flags of Ireland and Bhutan. This means that a dot/product with the flag of Ireland indicates it has a comparative advantage over Bhutan. Similarly, a dot/product with the flag of Bhutan indicates it has a comparative advantage over Ireland.

About

Latest Trends

About

Latest Trade

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)

Keep Exploring