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2022
Flag → Flag
Exports $7.84kRnk 38 / 73
2022
Flag → Flag
Top Product $2.65kWood Ornaments
2022
Flag → Flag
Exports $564kRnk 185 / 217
2022
Flag → Flag
Top Product $104kComputers
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

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.

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 25.3%,  from $3.25M in 2017 to $564k in 2022.

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

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

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, 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 2017 to $7.84k in 2022.

In 2017, 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 25.3%, from $3.25M in 2022 to $564k in 2017.

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

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

Latest Data

Trade between Bhutan (Flag) and Austria (Flag)

Austria Exports

Market Competitiveness

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

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

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

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

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

Comparative Advantage Bhutan - Austria

Flow
Scale

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

During 2022, Bhutan had a large net trade with Austria in the exports of Wood Products ($2.65k), Machines ($2.5k), and Textiles ($1.73k).

During 2017, Austria had a large net trade with Bhutan in the exports of Machines ($384k), Instruments ($95.5k), and Foodstuffs ($33.2k).

Economic Complexity

Competitive Landscape

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

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

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