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2022
Flag → Flag
Exports $564kRnk 185 / 217
2022
Flag → Flag
Top Product $104kComputers
2022
Flag → Flag
Exports $7.84kRnk 38 / 73
2022
Flag → Flag
Top Product $2.65kWood Ornaments
2022
Flag
Economic Complexity (ECI) ECI 1.5Rnk 8 / 133
2022
Flag  
GDP$471BCURRENT US$
Rnk 32 / 186
2012-2022
Flag
GDP GROWTH15.1%CURRENT US$
Rnk 137 / 186
2022
Flag
GDP PC $52,131CURRENT US$
Rnk 17 / 186
2012-2022
Flag
GDP PC GROWTH7.34%CURRENT US$
Rnk 124 / 186

About

Austria-Bhutan Trade: In 2022, Austria exported $564k to Bhutan. The main products that Austria exported to Bhutan were Computers ($104k), Broadcasting Equipment ($64.5k), and Electrical Control Boards ($49.1k). Over the past 5 years the exports of Austria to Bhutan have decreased at an annualized rate of 29.5%, from $3.25M in 2017 to $564k in 2022.

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

Bhutan-Austria Trade: In 2022, Bhutan exported $7.84k to Austria. The main products that Bhutan exported to Austria were Wood Ornaments ($2.65k), Computers ($1.53k), and Textiles for technical uses ($1.07k). Over the past 5 years the exports of Bhutan to Austria have decreased at an annualized rate of 43.4%,  from $135k in 2017 to $7.84k in 2022.

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

Comparison In 2022,  Austria ranked 8 in the Economic Complexity Index (ECI 1.5),  and 32 in total exports ($209B). That same year, Bhutan ranked 177 in total exports ($392M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Austria exported $564k to Bhutan. The main products exported from Austria to Bhutan were Computers ($104k), Broadcasting Equipment ($64.5k), and Electrical Control Boards ($49.1k). During the last 5 years the exports of Austria to Bhutan have decreased at an annualized rate of 29.5%, from $3.25M in 2017 to $564k in 2022.

In 2017, Bhutan exported $7.84k to Austria. The main products exported from Bhutan to Austria were Wood Ornaments ($2.65k), Computers ($1.53k), and Textiles for technical uses ($1.07k). During the last 5 years the exports of Bhutan to Austria have decreased at an annualized rate of 43.4%, from $135k in 2022 to $7.84k in 2017.

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

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

Latest Data

Trade between Austria (Flag) and Bhutan (Flag)

Austria Exports

Market Competitiveness

Color
Austria
Top DestinationGermany$57.7B
Bhutan
Top DestinationIndia$343M

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

In 2022, countries that imported more from Austria than Bhutan included Germany ($57.7B), United States ($14.4B), and Italy ($13.6B).

In 2022, no countries were registered that imported more from Bhutan than from Austria.

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

Comparative Advantage Austria - Bhutan

Flow
Scale

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

During 2022, Austria had a large net trade with Bhutan in the exports of Machines ($384k), Instruments ($95.5k), and Foodstuffs ($33.2k).

During 2017, Bhutan had a large net trade with Austria in the exports of Wood Products ($2.65k), Machines ($2.5k), and Textiles ($1.73k).

Economic Complexity

Competitive Landscape

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

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

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