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2022
Flag → Flag
Exports $928kRnk 157 / 209
2022
Flag → Flag
Top Product $695kArtificial Graphite
2022
Flag → Flag
Exports $42.4MRnk 35 / 0
2022
Flag
Economic Complexity (ECI) ECI 0.54Rnk 43 / 133
2022
Flag  
GDP$579BCURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP GROWTH13%CURRENT US$
Rnk 141 / 186
2022
Flag
GDP PC $106,149CURRENT US$
Rnk 3 / 186
2012-2022
Flag
GDP PC GROWTH3.89%CURRENT US$
Rnk 131 / 186

About

Norway-Bhutan Trade: In 2022, Norway exported $928k to Bhutan. The main products that Norway exported to Bhutan were Artificial Graphite ($695k), Electric Furnaces ($226k), and Computers ($4.49k). Over the past 6 years the exports of Norway to Bhutan have increased at an annualized rate of 14.4%, from $415k in 2016 to $928k in 2022.

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

Bhutan-Norway In N/A, Bhutan did not export any products to Norway.

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

Comparison In 2022,  Norway ranked 43 in the Economic Complexity Index (ECI 0.54),  and 28 in total exports ($285B). That same year, Bhutan ranked 177 in total exports ($392M), and does not have data regarding Economic Complexity Index.

Latest Trends

October, 2024

About

Overview In October 2024, Norway exported NOK0 and imported NOK0 from Bhutan, resulting in a remained the same trade balance of NOK0. Between October 2023 and October 2024 the exports of Norway have remained the same by NOK0 (N/A%) from NOK0 to NOK0, while imports remained the same by NOK0 (N/A%) from NOK0 to NOK0.

Trade In October 2024, the top exports of Norway to Bhutan were Live animals other than animals of... (NOK0), Meat and meat preparations (NOK0), Dairy products and birds' eggs (NOK0), Fish (not marine mammals), crustaceans, molluscs... (NOK0), and Cereals and cereal preparations (NOK0). In October 2024 the top imports of Norway from Bhutan were Live animals other than animals of... (NOK0), Meat and meat preparations (NOK0), Dairy products and birds' eggs (NOK0), Fish (not marine mammals), crustaceans, molluscs... (NOK0), and Cereals and cereal preparations (NOK0).

Growth In October 2024, the change in Norway's year-by-year exports to Bhutan was explained primarily by an decrease in product exports in . In October 2024, the change in Norway's year-by-year imports  from Bhutan was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (October 2023 - October 2024)NOK0(N/A%)
IMPORT GROWTH (October 2023 - October 2024)NOK0(N/A%)

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

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

For full datasets download visit Bulk Download page.

Explore Bhutan and Norway Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Norway exported $928k to Bhutan. The main products exported from Norway to Bhutan were Artificial Graphite ($695k), Electric Furnaces ($226k), and Computers ($4.49k). During the last 6 years the exports of Norway to Bhutan have increased at an annualized rate of 14.4%, from $415k in 2016 to $928k in 2022.

Bhutan does not register exports to Norway.

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

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

Market Competitiveness

Color
Norway
Top DestinationGermany$78.1B
Bhutan
Top DestinationIndia$343M

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

In 2022, countries that imported more from Norway than Bhutan included Germany ($78.1B), United Kingdom ($59.1B), and France ($25.9B).

In 2022, countries that imported more from Bhutan than Norway included Nepal ($7.44M).

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

Comparative Advantage Norway - Bhutan

Flow
Scale

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

During 2022, Norway had a large net trade with Bhutan in the exports of Chemical Products ($695k) and Machines ($234k).

Economic Complexity

Competitive Landscape

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

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

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