2023
Flag
 GDP
$343BCURRENT US$
Rnk 44 / 195
2013-2023
Flag
GDP GROWTH
61.1%CURRENT US$
Rnk 55 / 195
2023
Flag
GDP PC
$31,591CURRENT US$
Rnk 45 / 196
2013-2023
Flag
GDP PC GROWTH
55.9%CURRENT US$
Rnk 36 / 195

About

Bhutan-Czechia Trade: In 2023, Bhutan exported $163k to Czechia. The main products that Bhutan exported to Czechia were Ferroalloys ($130k), Other Edible Preparations ($15.7k), and Used Clothing ($3.34k). Over the past 6 years the exports of Bhutan to Czechia have increased at an annualized rate of 94.3%, from $3.04k in 2017 to $163k in 2023.

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

Czechia-Bhutan Trade: In 2023, Czechia exported $82.3k to Bhutan. The main products that Czechia exported to Bhutan were Computers ($52.4k), Other Plastic Products ($10.1k), and Leather Footwear ($6.63k). Over the past 6 years the exports of Czechia to Bhutan have decreased at an annualized rate of 0.52%,  from $91.9k in 2017 to $82.3k in 2023.

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

Comparison In 2023,  Bhutan ranked 170 in total exports ($456M), and does not have data regarding Economic Complexity Index. That same year, Czechia ranked 7 in the Economic Complexity Index (ECI 1.6), and 30 in total exports ($224B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bhutan exported $163k to Czechia. The main products exported from Bhutan to Czechia were Ferroalloys ($130k), Other Edible Preparations ($15.7k), and Used Clothing ($3.34k). During the last 6 years the exports of Bhutan to Czechia have increased at an annualized rate of 94.3%, from $3.04k in 2017 to $163k in 2023.

In 2018, Czechia exported $82.3k to Bhutan. The main products exported from Czechia to Bhutan were Computers ($52.4k), Other Plastic Products ($10.1k), and Leather Footwear ($6.63k). During the last 5 years the exports of Czechia to Bhutan have decreased at an annualized rate of 0.52%, from $91.9k in 2023 to $82.3k in 2018.

Exports from Bhutan (Flag) to Czechia (Flag) (2023)

Exports from Czechia (Flag) to Bhutan (Flag) (2023)

Latest Data

Trade between Bhutan (Flag) and Czechia (Flag)

Czechia Exports

Market Competitiveness

Color
Bhutan
Top Destination
India$421M
Czechia
Top Destination
Germany$64.2B

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

In 2023, countries that imported more from Czechia than Bhutan included Germany ($64.2B), Slovakia ($15.8B), and Poland ($13.8B).

Difference in imports from Czechia (Flag) and Bhutan (Flag) (2023)

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 2023, Bhutan had a large net trade with Czechia in the exports of Metals ($132k), Foodstuffs ($16.5k), and Machines ($5.91k).

During 2018, Czechia had a large net trade with Bhutan in the exports of Machines ($59.5k), Plastics and Rubbers ($11.1k), and Footwear and Headwear ($6.63k).

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) (2023)

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