2022
Flag
 GDP
$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP GROWTH
15.5%CURRENT US$
Rnk 136 / 186
2022
Flag
GDP PC
$48,432CURRENT US$
Rnk 21 / 186
2012-2022
Flag
GDP PC GROWTH
10.4%CURRENT US$
Rnk 115 / 186

About

Bhutan-Germany Trade: In 2022, Bhutan exported $668k to Germany. The main products that Bhutan exported to Germany were Ferroalloys ($386k), Audio Alarms ($202k), and Sulfate Chemical Woodpulp ($16k). Over the past 5 years the exports of Bhutan to Germany have decreased at an annualized rate of 32.3%, from $4.7M in 2017 to $668k in 2022.

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

Germany-Bhutan Trade: In 2022, Germany exported $4.77M to Bhutan. The main products that Germany exported to Bhutan were Centrifuges ($1.01M), Vaccines, blood, antisera, toxins and cultures ($567k), and Tufted Carpets ($357k). Over the past 5 years the exports of Germany to Bhutan have increased at an annualized rate of 11.5%,  from $2.48M in 2017 to $4.77M in 2022.

In 2022, Germany 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, Germany ranked 5 in the Economic Complexity Index (ECI 1.78), and 3 in total exports ($1.6T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bhutan exported $668k to Germany. The main products exported from Bhutan to Germany were Ferroalloys ($386k), Audio Alarms ($202k), and Sulfate Chemical Woodpulp ($16k). During the last 5 years the exports of Bhutan to Germany have decreased at an annualized rate of 32.3%, from $4.7M in 2017 to $668k in 2022.

In 2017, Germany exported $4.77M to Bhutan. The main products exported from Germany to Bhutan were Centrifuges ($1.01M), Vaccines, blood, antisera, toxins and cultures ($567k), and Tufted Carpets ($357k). During the last 5 years the exports of Germany to Bhutan have increased at an annualized rate of 11.5%, from $2.48M in 2022 to $4.77M in 2017.

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

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

Latest Data

Trade between Bhutan (Flag) and Germany (Flag)

Germany Exports

Market Competitiveness

Color
Bhutan
Top Destination
India$343M
Germany
Top Destination
United States$153B

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

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

In 2022, countries that imported more from Germany than Bhutan included United States ($153B), France ($120B), and China ($109B).

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

Comparative Advantage Bhutan - Germany

Flow
Scale

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

During 2022, Bhutan had a large net trade with Germany in the exports of Metals ($387k), Machines ($218k), and Paper Goods ($16.1k).

During 2017, Germany had a large net trade with Bhutan in the exports of Machines ($1.89M), Plastics and Rubbers ($659k), and Chemical Products ($585k).

Economic Complexity

Competitive Landscape

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

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

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