Sweden (SWE) and Bhutan (BTN) Trade | The Observatory of Economic Complexity

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Sweden-Bhutan Trade: In 2023, Sweden exported $790k to Bhutan. The main products that Sweden exported to Bhutan were Telephones ($312k), Broadcasting Equipment ($219k), and Insulated Wire ($97k). Over the past 5 years the exports of Sweden to Bhutan have decreased at an annualized rate of 0.3%, from $802k in 2018 to $790k in 2023.

In 2023, Sweden did not export any services to Bhutan.

Bhutan-Sweden Trade: In 2023, Bhutan exported $1.32k to Sweden. The main products that Bhutan exported to Sweden were Broadcasting Equipment ($660), Non-Knit Men's Suits ($283), and Sports Equipment ($283). Over the past 5 years the exports of Bhutan to Sweden have increased at an annualized rate of 18.1%, from $575 in 2018 to $1.32k in 2023.

In 2023, Bhutan did not export any services to Sweden.

Comparison In 2023, Sweden ranked 9 in the Economic Complexity Index (ECI 1.53), and 32 in total exports ($188B). That same year, Bhutan ranked 170 in total exports ($456M), and does not have data regarding Economic Complexity Index.

Latest Trends

N/A

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Overview In N/A, Sweden exported SEKN/A and imported SEKN/A from Bhutan, resulting in a N/A trade balance of SEKN/A. Between N/A and N/A the exports of Sweden have N/A by SEKN/A (N/A) from SEKN/A to SEKN/A, while imports N/A by SEKN/A (N/A) from SEKN/A to SEKN/A.

Trade In N/A, the top exports of Sweden to Bhutan were . In N/A the top imports of Sweden from Bhutan were .

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

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Sweden exported $790k to Bhutan. The main products exported from Sweden to Bhutan were Telephones ($312k), Broadcasting Equipment ($219k), and Insulated Wire ($97k). During the last 5 years the exports of Sweden to Bhutan have decreased at an annualized rate of 0.3%, from $802k in 2018 to $790k in 2023.

In 2018, Bhutan exported $1.32k to Sweden. The main products exported from Bhutan to Sweden were Broadcasting Equipment ($660), Non-Knit Men's Suits ($283), and Sports Equipment ($283). During the last 5 years the exports of Bhutan to Sweden have increased at an annualized rate of 18.1%, from $575 in 2023 to $1.32k in 2018.

Exports from Sweden () to Bhutan () (2023)

Exports from Bhutan () to Sweden () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Sweden
Top DestinationGermany$18.4B

Bhutan
Top DestinationIndia$421M

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

In 2023, countries that imported more from Sweden than Bhutan included Germany ($18.4B), United States ($18.1B), and Denmark ($14.4B).

In 2023, no countries were registered that imported more from Bhutan than from Sweden.

Difference in imports from Bhutan () and Sweden () (2023)

Comparative Advantage Sweden - Bhutan

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Sweden had a large net trade with Bhutan in the exports of Machines ($722k), Metals ($33.4k), and Instruments ($19.9k).

During 2018, Bhutan had a large net trade with Sweden in the exports of Machines ($660), Textiles ($377), and Miscellaneous ($283).

Economic Complexity

Competitive Landscape

Year

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

About

Latest Trends

About

Latest Trade

Historical Data

Bilateral Trade by Products

Exports from Sweden () to Bhutan () (2023)

Exports from Bhutan () to Sweden () (2023)

Market Competitiveness

Difference in imports from Bhutan () and Sweden () (2023)

Comparative Advantage Sweden - Bhutan

Economic Complexity

Competitive Landscape

Product Space of Sweden () and Bhutan () (2023)

About

Latest Trends

About

Latest Trade

Historical Data

Bilateral Trade by Products

Exports from Sweden () to Bhutan () (2023)

Exports from Bhutan () to Sweden () (2023)

Market Competitiveness

Difference in imports from Bhutan () and Sweden () (2023)

Comparative Advantage Sweden - Bhutan

Economic Complexity

Competitive Landscape

Product Space of Sweden () and Bhutan () (2023)

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