2022
Flag
 GDP
$291BCURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP GROWTH
39.3%CURRENT US$
Rnk 83 / 186
2022
Flag
GDP PC
$27,638CURRENT US$
Rnk 42 / 186
2012-2022
Flag
GDP PC GROWTH
39.1%CURRENT US$
Rnk 51 / 186

About

Bhutan-Czechia Trade: In 2022, Bhutan exported $157k to Czechia. The main products that Bhutan exported to Czechia were Ferroalloys ($136k), Other Edible Preparations ($8.55k), and Dried Vegetables ($5.93k). Over the past 6 years the exports of Bhutan to Czechia have increased at an annualized rate of 59.7%, from $9.47k in 2016 to $157k in 2022.

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

Czechia-Bhutan Trade: In 2022, Czechia exported $70.5k to Bhutan. The main products that Czechia exported to Bhutan were Computers ($68.5k), Insulated Wire ($573), and Broadcasting Equipment ($508). Over the past 6 years the exports of Czechia to Bhutan have increased at an annualized rate of 32.7%,  from $17.1k in 2016 to $70.5k in 2022.

In 2022, Czechia 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, Czechia ranked 7 in the Economic Complexity Index (ECI 1.55), and 30 in total exports ($237B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bhutan exported $157k to Czechia. The main products exported from Bhutan to Czechia were Ferroalloys ($136k), Other Edible Preparations ($8.55k), and Dried Vegetables ($5.93k). During the last 6 years the exports of Bhutan to Czechia have increased at an annualized rate of 59.7%, from $9.47k in 2016 to $157k in 2022.

In 2017, Czechia exported $70.5k to Bhutan. The main products exported from Czechia to Bhutan were Computers ($68.5k), Insulated Wire ($573), and Broadcasting Equipment ($508). During the last 5 years the exports of Czechia to Bhutan have increased at an annualized rate of 32.7%, from $17.1k in 2022 to $70.5k in 2017.

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

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

Latest Data

Trade between Bhutan (Flag) and Czechia (Flag)

Czechia Exports

Market Competitiveness

Color
Bhutan
Top Destination
India$343M
Czechia
Top Destination
Germany$75.3B

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

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

In 2022, countries that imported more from Czechia than Bhutan included Germany ($75.3B), Slovakia ($19.7B), and Poland ($16.2B).

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

Comparative Advantage Bhutan - Czechia

Flow
Scale

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

During 2022, Bhutan had a large net trade with Czechia in the exports of Metals ($136k), Foodstuffs ($8.55k), and Vegetable Products ($6.95k).

During 2017, Czechia had a large net trade with Bhutan in the exports of Machines ($69.8k), Wood Products ($483), and Chemical Products ($141).

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with