Flag Netherlands / Bhutan Flag

2020
FlagFlag
Exports
: $1.44M, Rnk 199 / 222

2020
FlagFlag
Top Product
: $364k, Sports Equipment

2020
FlagFlag
Exports
: $174k, Rnk 12 / 63

2020
FlagFlag
Top Product
: $162k, Ferroalloys

2020
Flag
Economic Complexity (ECI)
: ECI 1.13, Rnk 22 / 127

2020
Flag  
GDP
: $914B, CURRENT US$
Rnk 17 / 204

2010-2020
Flag
GDP GROWTH
: 7.85%, CURRENT US$
Rnk 148 / 204

2020
Flag
 GDP
: $2.32B, CURRENT US$
Rnk 176 / 204

2010-2020
Flag
GDP GROWTH
: 49.6%, CURRENT US$
Rnk 59 / 204

2020
Flag
GDP PC 
: $52,396, CURRENT US$
Rnk 14 / 204

2010-2020
Flag
GDP PC GROWTH
: 2.74%, CURRENT US$
Rnk 130 / 204

2020
Flag
GDP PC
: $3,001, CURRENT US$
Rnk 146 / 204

2010-2020
Flag
GDP PC GROWTH
: 32.9%, CURRENT US$
Rnk 54 / 204

Netherlands-Bhutan In 2020, Netherlands exported $1.44M to Bhutan. The main products that Netherlands exported to Bhutan are Sports Equipment ($364k), Medical Instruments ($259k), and Industrial Printers ($177k). During the last 25 years the exports of Netherlands to Bhutan have increased at an annualized rate of 5.35%, from $392k in 1995 to $1.44M in 2020.

In 2020, Netherlands did not export any services to Bhutan.

Bhutan-Netherlands In 2020, Bhutan exported $174k to Netherlands. The main products that Bhutan exported to Netherlands were Ferroalloys ($162k), Computers ($5.4k), and Uncoated Paper ($3.87k). During the last 25 years the exports of Bhutan to Netherlands have increased at an annualized rate of 3.06%, from $82k in 1995 to $174k in 2020.

In 2020, Bhutan did not export any services to Netherlands.

Comparison In 2020,  Netherlands ranked 22 in the Economic Complexity Index (ECI 1.13),  and 6 in total exports ($511B). That same year, Bhutan ranked 178 in total exports ($183M), and does not have data regarding Economic Complexity Index.

Historical Data

#permalink to section

Bilateral Trade by Products

#permalink to section
Depth
Value

In 2020, Netherlands exported $1.44M to Bhutan. The main products exported from Netherlands to Bhutan were Sports Equipment ($364k), Medical Instruments ($259k), and Industrial Printers ($177k). During the last 25 years the exports of Netherlands to Bhutan have increased at an annualized rate of 5.35%, from $392k in 1995 to $1.44M in 2020.

In 2020, Bhutan exported $174k to Netherlands. The main products exported from Bhutan to Netherlands were Ferroalloys ($162k), Computers ($5.4k), and Uncoated Paper ($3.87k). During the last 25 years the exports of Bhutan to Netherlands have increased at an annualized rate of 3.06%, from $82k in 1995 to $174k in 2020.

Market Competitiveness

#permalink to section
Measure

Netherlands
Top Destination
: Germany, $105B

Bhutan
Top Destination
: India, $173M

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

In 2019, countries that imported more from Netherlands than Bhutan were Germany ($105B), Belgium ($56.1B), and France ($43.7B).

In 2019, no countries were registered that imported more from Bhutan than from Netherlands.

Comparative Advantage Netherlands - Bhutan

#permalink to section
Flow
Scale

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

During 2020, Netherlands had a large net trade with Bhutan in the exports of Instruments ($397k), Miscellaneous ($364k), and Machines ($351k).

During 2020, Bhutan had a large net trade with Netherlands in the exports of Metals ($162k), Machines ($5.4k), and Paper Goods ($3.87k).

Economic Complexity

#permalink to section

Competitive Landscape

#permalink to section

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